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Revitalized Downtown Attracting More Multifamily Development in Hampton Roads' Mermaid City

CoStar Insight: Norfolk Market is one of Largest and Most Active in the Region
Norfolk, Virginia, is no longer home to Norfolk Southern Railway, but it still boasts the largest naval station in the world among its employers. (CoStar)
Norfolk, Virginia, is no longer home to Norfolk Southern Railway, but it still boasts the largest naval station in the world among its employers. (CoStar)
By Emiliano Morales Flores
CoStar Analytics
November 21, 2019 | 9:42 P.M.

Upscale amenities in Norfolk, Virginia's newer apartments are enticing residents to move downtown. Walkability, entertainment and demographic change have supported the new construction in the Mermaid City’s downtown area, increasing the options for people who choose to rent near major employers in the region.

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