The speed limit between N. Great Neck Rd and First Landing State Park will be lowered from 45 mph to 35 mph starting Monday August 3rd on a trial basis. Local residents and civic leagues have repeatedly requested the City over the past 5 years to reduce the speed on this stretch of road. The reduced speed will help improve safety for the 800 residents of Cape Story by the Sea and Cape Henry Shores that cross Shore Drive on foot and by vehicle without the aid of signalized intersections or marked crosswalks. A reduced speed limit will also make the road safer for Type-A bicyclists that voted this roadway as their number one most traveled route in Virginia Beach (Virginia Beach Bikes and Trails Plan).
Check out the following links to learn more about this initiative and to post comments.
WVEC Article and Video
http://www.wvec.com/news/topstories/stories/wvec_local_072109_shore_dr_speed.63b882df.html
WAVY Article and Video
Virginian-Pilot Online Article
http://hamptonroads.com/2009/07/speed-limit-be-lowered-part-shore-drive-august
Cape Story by the Sea 
I appreciate the 35 mile per hour speed limit. It is a minor inconveinence for cars, and a possible life savor for pedestrians. I do not think Shore drive was ever meant to handle the speed and volume of traffic that it sees everyday.