Oakbrooke Business & Technology Center
Embrace excellence at every level
Designed to complement the largest and most successful Planned Unit Development (PUD) in Hampton Roads, Oakbrooke Business & Technology Center offers 120 acres of office and flex-use properties. An extension of the Greenbrier Business District, Oakbrooke features a 3.5-acre central lake surrounded by walking trails.
Fast Facts
TOTAL SIZE
LOCALITY
Chesapeake
Virginia
SITE Ownership
Public
Property
Sites
Oakbrooke offers sites ranging in size from 2 to 6 acres.
Property Use
Both office and flex-use properties
The Details
Location
Located near the intersection of Clearfield Avenue and Kempsville Road, less than five minutes from Interstates 64 and 464, Greenbrier Mall, and two of the largest residential areas in Virginia’s third largest city: Greenbrier and Great Bridge.
Zoning
Oakbrooke is an extension of Greenbrier Business Area, one of the most successful Planned Unit Developments on the East Coast.
Zoned as a Planned Unit Development (PUD), park covenants, and architectural guidelines PUD requirements are available from the Chesapeake Economic Development Department.
Additional Information
Oakbrooke is not designed as a distribution/logistics park. Outside storage is not permitted.
A designated architectural review committee will approve all building plans within the business park.
A real estate commission policy is available from the Chesapeake Economic Development Department.
Oakbrooke features a lake, surrounded by paved walking trails that also extend through the business park. Common areas are landscaped and will be maintained by the park’s property owner’s association.
The streets throughout Oakbrooke, as well as water and sewer mains, and regional drainage have been constructed. Electrical service will be provided by Virginia Dominion Power.
View Property Details For OakBrooke Business & Technology Center
Major Tenants
Join the mix of regional and international corporate leaders who have found their place at Oakbrooke.
Game Changers
1
Central Location
- Direct access to Interstates 64 and 464, Greenbrier Mall, and two of the largest residential areas in Virginia’s third largest city: Greenbrier and Great Bridge.
- Port of Virginia and Norfolk International Airport within minutes.
- Restaurants, hotels, shopping, and golf nearby for client or colleague leisure
2
Comprehensive Amenities
- Streets throughout Oakbrooke, as well as water and sewer mains, and regional drainage have all been constructed.
- Electrical service provided by Virginia Dominion Power.
- Cutting-edge telecommunications infrastructure.
3
Business-minded Management
- Developed and marketed by the City of Chesapeake Economic Development Authority.
- Competitive tax rates and low operating costs.
- Business incentives available to select organizations.
Property Reports and Downloads
CHESAPEAKE'S WORKFORCE INCENTIVES
Chesapeake, Virginia offers many workforce incentives that increase employee performance and stimulate your business’s productivity.
VIRGINIA JOBS INVESTMENT PROGRAM
Provides funding to mitigate development costs to recruit, train, and onboard new employees or retrain existing employees.
GREEN JOB CREATION TAX CREDIT
A credit against Virginia personal or corporate income tax for each new green job created in the Commonwealth.
MAJOR BUSINESS FACILITY JOB TAX CREDIT
Income tax credit for each new full-time job created over a threshold number of jobs based on certain thresholds.
V3 EMPLOYER GRANT
Grant funding available for V3 certified employers hiring and retaining Veterans for at least one year.
REGISTERED APPRENTICESHIP INCENTIVE PROGRAM
Partial reimbursement for eligible sponsors and employers for certain costs of related instruction. Industry-specific.
WORKER TRAINING TAX CREDIT
An income tax credit equal to 30% of all expenditures made by the employer for eligible worker training.
WORKFORCE CREDENTIALS GRANT
Grants available to partially fund industry credentials in high-demand occupations.
WORKFORCE INNOVATION & OPPORTUNITY ACT
Federal funding for employment and training activities, including incumbent worker retraining and on-the-job training.
Virginia Talent Accelerator Program
The Virginia Talent Accelerator Program accelerates facility start-ups and expansions by expediting recruiting and shortening the new-hire learning curve.
STATE AND LOCAL INCENTIVES
Chesapeake’s investment incentives enable businesses to operate profitably and decrease risks. Chesapeake Economic Development is ready to help your business take advantage of incentives designed to target the needs of both your company and the development plans of localities and the state.
COMMONWEALTH'S OPPORTUNITY FUND (COF)
Discretionary funds available to the Governor to secure a business location or expansion project for Virginia. Grants are awarded to localities on a local matching basis.
VIRGINIA INVESTMENT PERFORMANCE (VIP) GRANT
The Virginia Investment Performance (VIP) Grant and the Major Eligible Employer (MEE) Grant are discretionary performance incentives designed to encourage continued capital investment.
VIRGINIA ECONOMIC DEVELOPMENT INCENTIVE GRANT
The Virginia Economic Development Incentive Grant (VEDIG) is a discretionary performance incentive, designed to assist and encourage companies to invest and create new employment opportunities.
CHESAPEAKE ECONOMIC DEVELOPMENT INVESTMENT PROGRAM
The City of Chesapeake has established an Economic Development Investment Program (EDIP) to promote committed investment partnerships between the City and its business community.
VIRGINIA SMALL BUSINESS FINANCING AUTHORITY
The Virginia Small Business Financing Authority (VSBFA) offers programs to provide businesses with access to capital needed for growth and expansion.
The Voluntary Remediation Program (VRP)
The Virginia Voluntary Remediation Program (VRP) allows the City of Chesapeake to exempt, or partially exempt, environmental restoration sites from local taxation annually for a period.
Brownfields
Brownfields allows the City of Chesapeake to exempt, or partially exempt, environmental restoration sites from local taxation annually for a period.
PROPERTY TAX EXEMPTIONS
Virginia does not tax intangible property, manufacturers' inventory, or manufacturers' furniture, fixtures, or corporate aircraft.
SALES & USE TAX EXEMPTIONS
Virginia offers some of the broadest sales and use tax exemptions in the U.S.