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New Town Associates, LLC is offering for sale a 2.149 acre hotel site in the 83 acre Town Center of New Town. The site will accommodate a hotel of approximately 80 to 100 rooms and is the last site available in the Town Center. New Town currently includes over 125 businesses with about 300,000 square feet of retail, entertainment, and restaurants (12 screen movie theatre, Barnes & Noble, I7 restaurants, etc.), and about 350,000 square feet of office. New Town also currently has about 500 housing units. At completion, New Town will have about 1.6 million square feet of commercial uses and about 1,100 housing units. All of this, including walking trails and free parking, within a pedestrian friendly walkable community.
Lawrence A. Salzman, Managing Director
New Town Associates, LLC
New Town is a 300 acre, new urbanism, mixed-use community including retail, office, and residential components founded in 1997. The Williamsburg area is known as a tourist market (Colonial Williamsburg, Busch Gardens, etc.), a retirement community (Kingsmill, Ford's Colony), and a college town (William & Mary). New Town has become the "downtown" of the Williamsburg area, and the available hotel site is strategically located in the Town Center adjacent to a public square.