The Railyard at Lambert’s Point Receives Unanimous Approval
The Railyard at Lambert’s Point has been approved by Norfolk City Council and the Norfolk Planning Commission with the support of the Lambert’s Point Civic League. The adaptive reuse development by Meredith Construction will repurpose historic buildings and introduce new construction in the Lambert’s Point neighborhood along Hampton Boulevard in Norfolk. Once complete, The Railyard at Lambert’s Point will include a mix of retail, office, entertainment and dining on an 8.8-acre parcel.
Norfolk-based family business Meredith Construction has partnered with CCB Railyard, LLC, a real estate investment group, for the mixed-used development. The Railyard at Lambert’s Point represents an investment of almost $40 million with a potential for 350 jobs and 100,000 square feet of new and redeveloped space. Meredith Construction and CCB Railyard anticipate the project’s completion next year.
The mixed-use development will include a central courtyard with a stage and space for a farmer’s market; a train engine display as a backdrop for The Railyard at Lambert’s Point sign; direct access on the Elizabeth River Trail for pedestrians, runners and cyclists; retailers and restaurants; and ample vehicle parking among other planned designs.