CITY OF HOPEWELL AND W.E. BOWMAN’S CONSTRUCTION, INC SIGNS $40 MILLION DOLLAR AGREEMENTS FOR THE WATERFRONT DEVELOPMENT “FRANCISCO LANDING”

FOR IMMEDIATE RELEASE

Friday, December 7, 2018

For Further Information Contact:

Charles E. Dane (804) 541-2271

Assistant City Manager, City of Hopewell

cdane@hopewellva.gov
Release Number: 12/7/18-DIPA-001

CITY OF HOPEWELL AND W.E. BOWMAN’S CONSTRUCTION, INC. SIGNS $40 MILLION DOLLAR AGREEMENTS FOR THE WATERFRONT DEVELOPMENT “FRANCISCO LANDING”


HOPEWELL, VA. The City of Hopewell is pleased to announce the signing and finalization of a $40 million dollar agreement between the City and W.E. Bowman Construction,Inc. regarding the FranciscoLanding Project.

“As an award winning, minority-owned General Contractor serving the Commonwealth, our firm has a distinguished and notable history of delivering quality service since 1970. With .78 EMR and no lost time accidents since record keeping began in 2006, our team of professionals diligently embrace our safety culture and take ownership of each project.” Hopewell City Council cleared the way for the project to move forward on November 27, 2018 granting full approval on a 7-0 vote authorizing the City Manager to sign and finalize the agreements.

The City of Hopewell entered into a legally binding Letter of Intent with W.E. Bowman Construction Inc. on the 11th day of July 2017 to analyze the possibility of developing this property which is the former location of Patrick Copeland Elementary School.

On September 17, 2018 Francisco Landing Holdings, LLC presented a conceptual plan of development for lots 1 & 2 of the Copeland Site located on Appomattox Street. The Francisco Landing development is proposed to add approximately 175 newmarket rate multi-family residential units and select new commercial spaces while permanently preserving open space for the residents of Hopewell and its visitors by maintaining public access and a viewshed to the river.

The new commercial spaces include a ground floor restaurant and two build-to-suit commercial sites . A public plaza with a walking promenade that will overlook the lower area known as City Park will also be included. A grand stairway will lead from the new plaza to the park.The concept also includes the re-establishment/restoration of the historic outdoor amphitheater. Peter Francisco was abandoned on the wharf at CityPoint which is just feet from the site now Hopewell, Virginia in 1765, he was taken as a small boy to Buckingham County, where he grew to gigantic size. Enlisting at 16 he served under Washington with distinction in the North. Later in the South he became a hero of the Revolution at such battles as Camden and Guilford Courthouse. His feats of strength were legendary and he served Virginia well until his death in 1831.The two principle owners, Ed and Chip Bowman are direct descendants of Peter Francisco.

“Founded in 1970, W. E.Bowman Construction Inc. has been serving the construction industry for 48 years. The Bowman team represents three generations of hands on leadership and expertise. In addition to the value of time tested experience, W. E. Bowman Construction is uniquely qualified and set apart. W.E Bowman intents to build and hold the facility as a long term asset for the company. Construction will begin in 2019 with pre-leasing available within the next couple of months.