logo
Trump's tariffs may impact next phase of Norfolk housing redevelopment, official says

Trump's tariffs may impact next phase of Norfolk housing redevelopment, official says

Yahoo12-04-2025
Norfolk officials and other community members celebrated the beginning of the third phase of Kindred, a massive housing redevelopment project in the St. Paul's area.
However, the timeline of the project could be impacted by President Donald Trump's tariffs, according to a developer.
Officials broke ground Thursday on the third phase of the St. Paul's Transformation Project: An $85 million, 191-unit mixed-income apartment complex called Kinship at Kindred.
'The groundbreaking really shows the real grit, the real challenges, the real decisions that had to be made to keep the project moving forward,' said Nathan Simms, Norfolk Redevelopment and Housing Authority executive director, during the event.
Hampton Roads beer, cider businesses tense over Trump's aluminum and steel tariffs, uncertainty
Former Norfolk public housing complex undergoing redevelopment is receiving new name
So far, few Tidewater Gardens residents are returning to the first redeveloped apartments
Norfolk housing authority releases timelines for Calvert Square, Young Terrace redevelopments
The apartments, at the former Tidewater Gardens public housing project site, will include varied bedroom sizes, a playground and retail space. Of the 191 units, 73 will be designated as replacement units for former Tidewater Gardens residents.
Richard Sciortino, co-founder of lead developer Brinshore Development, said they plan to finish the third phase of development by the end of 2026 and complete the last phase by the middle to end of 2027. When complete, the entire Kindred redevelopment will include 714 units with 240 reserved for returning Tidewater Gardens residents.
However, Sciortino acknowledged tariffs could impact or delay the construction process. He said contractors for Brinshore have told him tariffs haven't impacted projects yet, but he suspected impacts could happen in the future. In mid-March, Trump enacted 25% tariffs on all steel and aluminum imports, and imported steel is heavily used by the U.S. construction industry.
Sciortino estimated the total project cost at $320 million, an increase over an earlier project cost of $300 million.
City officials have long sought to tear down and redevelop the three public housing developments in St. Paul's. City Council members approved a plan in 2018, and began to demolish the 600-unit Tidewater Gardens in 2020.
So far, two apartment buildings are open: the 120-unit Origin Circle and the 72-apartment Reunion Senior Living. Norfolk announced the two buildings were fully leased in September. The city says 44 former Tidewater Gardens residents have chosen to move back into those units.
Below is a timeline of construction milestones and estimated completion:
April 2022: Construction begins on the first two buildings: the 120-unit Origin Circle and the 72-apartment Reunion Senior Living.
September 2023: Developers break ground on Unity Place, 140 multifamily apartments.
December 2023: Reunion Senior living opens.
February 2024: Residents begin moving into Origin Circle.
April 2025: A groundbreaking ceremony for Kinship, an $85 million, 191-unit mixed-income apartment complex.
July 2025: First building in Unity Place expected to be complete.
September 2025: Second building at Unity Place expected to be complete.
Late 2026: Construction on Kinship is estimated to be completed.
Mid to late 2027: The final phase of construction is estimated to be finished.
Trevor Metcalfe, 757-222-5345, trevor.metcalfe@pilotonline.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Roknifard: Trump Impatient to End Both Conflicts
Roknifard: Trump Impatient to End Both Conflicts

Bloomberg

time10 minutes ago

  • Bloomberg

Roknifard: Trump Impatient to End Both Conflicts

After meeting separately with President Trump, Russian President Vladimir Putin and his Ukrainian counterpart, Voldymyr Zelenskiy could be headed toward a pivotal face-to-face summit. President Trump is urging both leaders to show some "flexibility". Julia Roknifard, Senior Lecturer at the School of Law & Governance at Taylor's University Malaysia told Bloomberg's Chief Africa Correspondent Jennifer Zabasajja on Horizons Middle East and Africa on the push for Trump to get a deal not just in Ukraine but also in Gaza. (Source: Bloomberg)

Russia launches largest attack on Ukraine this month following Trump's meetings with Putin, Zelenskyy
Russia launches largest attack on Ukraine this month following Trump's meetings with Putin, Zelenskyy

Fox News

time11 minutes ago

  • Fox News

Russia launches largest attack on Ukraine this month following Trump's meetings with Putin, Zelenskyy

Russia launched its largest attack of the month against Ukraine while Ukrainian President Volodymyr Zelenskyy met with U.S. President Donald Trump and European leaders at the White House. The attack also comes after Russian President Vladimir Putin's meeting with Trump in Alaska last Friday, during which Putin refused an immediate ceasefire and demanded that Ukraine give up its eastern Donetsk region in exchange for an end to the conflict that began with a February 2022 invasion by Moscow. Trump later said he had spoken on the phone with Putin about arrangements for a meeting between the Russian president and Zelenskyy. Ukraine's air force said Russia launched 270 drones and 10 missiles into Ukraine on Monday night and into Tuesday, but that 230 drones and six missiles were intercepted or suppressed. The air force reported that 40 drones and four missiles struck across 16 locations, and debris was said to have fallen on three sites. "While hard work to advance peace was underway in Washington, D.C. ... Moscow continued to do the opposite of peace: more strikes and destruction," Ukrainian Foreign Minister Andrii Sybiha wrote on X. "This once again demonstrates how critical it is to end the killing, achieve a lasting peace, and ensure robust security guarantees." Energy infrastructure in the central Poltava region was a target of the strikes, according to Ukraine's Energy Ministry. The casualty figures were not immediately released by officials. "As a result of the attack, large-scale fires broke out," the ministry said in a statement. Oil refining and gas facilities were attacked, the ministry added, saying the strikes were the latest "systematic terrorist attacks against Ukraine's energy infrastructure, which is a direct violation of international humanitarian law." The attack was the largest since Russia launched 309 drones and eight missiles into Ukraine on July 31, according to the air force. Russia's Defense Ministry said its forces shot down 23 Ukrainian drones on Monday night and into Tuesday morning. Both sides have been targeting infrastructure, including oil facilities. Zelenskyy had criticized Moscow for earlier strikes on Monday ahead of his meeting at the White House in which at least 14 people were killed and dozens more were injured. "The Russian war machine continues to destroy lives despite everything. Putin will commit demonstrative killings to maintain pressure on Ukraine and Europe, as well as to humiliate diplomatic efforts. That is precisely why we are seeking assistance to put an end to the killings," he wrote Monday morning on X.

Bessent says U.S.-China trade truce is "working pretty well"
Bessent says U.S.-China trade truce is "working pretty well"

Axios

time38 minutes ago

  • Axios

Bessent says U.S.-China trade truce is "working pretty well"

The Trump administration is "very happy" with the current China tariffs agreement, Treasury Secretary Scott Bessent said Tuesday. Why it matters: Bessent's comments on Fox News indicate a thawing of previously icy relations with China's ruling Communist Party ahead of the trade truce between the world's largest economies expiring on Nov. 10. Driving the news: Fox News' Laura Ingraham asked Bessent when he expected to see movement on the China talks after both nations agreed last week not to impose previously threatened higher levies. "China is, right now, the biggest revenue line in the tariff income," Bessent said. "If it's not broke, don't fix it. We have had very good talks with China. I imagine we'll be seeing them again before November," he said. "They have started shipping the rare earth magnets, which we agreed to. We had put some countermeasures on them that we've taken off. So I think right now the status quo is working pretty well." Context: The original deal lowered U.S. tariffs on Chinese goods to 30% from 145% and restarted the flow of crucial rare earth minerals out of China, per Axios' Courtenay Brown and Ben Berkowitz. What we're watching: Secretary of State Marco Rubio has said there's a "strong desire" on both sides for President Trump and Chinese leader Xi Jinping to hold a meeting, though no date has been set as yet.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store