Amtrak adjusting Northeast Regional schedule to accommodate bridge construction

People accustomed to catching a morning train to Washington, D.C., and other points north will have to make some adjustments in the next few years as Amtrak makes service changes while a key construction project is underway.  In December 2019, then-Gov. Ralph Northam announced an investment of $3.7 billion in rail infrastructure as an alternative […]

Global investment firm purchases The Standard, rebrands it as Yugo Crestline

Two transactions in Charlottesville this fall illustrate how student housing is a lucrative global business with healthy cash flow fueled by households that can afford to pay premium prices for places to live.  In the past dozen years, three student-housing buildings—all valuable commodities for investors—have been constructed on West Main Street. Madison Loft LLC sold […]

United Land seeks rezoning for residential units at entrance to Carrsbrook

One of the last undeveloped stretches of U.S. 29 in Albemarle’s urban ring could soon be the home of new apartment buildings.  Landshark LLC, a subsidiary of the United Land Corporation, wants to change the zoning of a nearly eight-acre strip of land at the entrance of the Carrsbrook neighborhood from commercial to residential. The […]