Planning commission recommends approval of rezoning

The Albemarle County Planning Commission has recommended approval of a rezoning that would allow a mixed-use development with 600 homes on 62.5 acres of land close to the junction of U.S. 29 and Interstate 64.  In September, members of the appointed body thought the plan was too vague with a proposed minimum of 100 units […]

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 […]