News Real Estate

Council’s turn

After several years of discussion, the Charlottesville Planning Commission has recommended a new zoning code that will increase the amount of buildable space within city limits. The appointed body has recommended the restoration of an idea to limit development in areas of the city identified as more prone to displacement of Black and other minority […]

Sean Tubbs | October 25, 2023

News Real Estate

Less Dairy Market?

A long and meticulous conversation has been held all year about proposed new rules and regulations for buildings in Charlottesville, and the Planning Commission will likely take a final vote on a recommendation on October 18. Since a public hearing was held September 14, the six remaining planning commissioners have held four meetings to finalize […]

Sean Tubbs | October 18, 2023

News Real Estate

Build up

Every quarter, the real estate firm Cushman & Wakefield | Thalhimer puts out a list of facts about each market it serves. According to its final fact for the Charlottesville market, “More than 2,000 multifamily units have been built since the start of 2020, expanding the total inventory by more than 16 percent.”  Such numbers […]

Sean Tubbs | October 11, 2023

News Real Estate

Demolition derby 

The advent of a new development code has fueled fears of future demolitions, as existing structures are taken down to make way for more building space for homes and businesses.    The area’s level of demolition has remained steady for the past dozen or so years, according to data gathered through the city’s permit review […]

Sean Tubbs | October 4, 2023

News Real Estate

A new pathway? 

At this point in the community’s development, nothing happens in isolation. A forthcoming renovation to the home of one of the University of Virginia’s most well-known institutions could lead the way toward providing a new pathway in a congested area.  “While the Center for Politics has been very successful in developing and running its extensive […]

Sean Tubbs | September 27, 2023

News Real Estate

What’s in a name? 

When the first students arrive at new residence halls on Brandon Avenue next summer, they’ll move in to buildings that carry the names of two professors whose lives were entwined with some of the struggles of the mid-20th century.  “It is the custom at the university to name residence halls after esteemed faculty members,” says […]

Sean Tubbs | September 20, 2023

News Real Estate

New plans for vacant land 

As the University of Virginia looks to build a $100 million biotechnology institute at the Fontaine Research Park, Riverbend Development has filed its latest plan for a 69-acre parcel of land that appears rural, but is very much in Albemarle’s development area.  The undeveloped Granger property is between Interstate 64 and the Norfolk Southern railroad […]

Sean Tubbs | September 13, 2023

News Real Estate

‘The new status quo’ 

A dozen years have passed since Sentara Martha Jefferson Hospital completed its move from a location near downtown Charlottesville to a new facility on Pantops in Albemarle County.  This summer, two entities purchased the two halves of the 8.34-acre site for $38.9 million. A firm going by the name Octagon Partners bought the property in […]

Sean Tubbs | September 6, 2023

News Real Estate

Sensitive no more? 

A driving force of the Cville Plans Together initiative has been to make sure the city changes its land-use policies to redress the past.    “Single-family zoning has historically been a tool to create and reinforce racial segregation in Charlottesville,” reads the Affordable Housing Plan adopted by City Council in March 2021.  The plan called […]

Sean Tubbs | August 30, 2023

News Real Estate

Growth in northern Albemarle

When the Albemarle County Board of Supervisors approved a rezoning for the North Pointe development in August 2006, there was to be no more than 893 dwelling units.  This year, the Great Eastern Management Company will be asked to revisit the rezoning to add 550 new homes on land currently approved for commercial development.  “Commercial […]

Sean Tubbs | August 23, 2023