The world’s largest operation of student housing complexes now operates two of three such buildings on West Main Street. On October 9, a business trust connected to the Inland Real Estate Group of Companies of Oak Brook, Illinois, purchased the Flats at West Village for $107 million. Three days prior, the company announced via press […]
The world’s largest operation of student housing complexes now operates two of three such buildings on West Main Street. On October 9, a business trust connected to the Inland Real Estate Group of Companies of Oak Brook, Illinois, purchased the Flats at West Village for $107 million. Three days prior, the company announced via press […]
The future of the Violet Crown cinema on Charlottesville’s Downtown Mall seemed bleak this past February when the Board of Architectural Review granted Heirloom Development approval to demolish the structure for a residential building. “The prospect of losing this cultural asset for the Virginia Film Festival, the community, and for the city itself was potentially […]
Westhaven was built in 1964 as Charlottesville’s first public housing site and will soon become the latest property to be reimagined and rebuilt by the Charlottesville Redevelopment and Housing Authority. “The redevelopment will include the phased demolition of existing housing and construction of apartment buildings, townhouses, a community center/recreational mixed-use building, and outdoor community common […]
Two and a half years after Albemarle County announced the purchase of 462 acres around the Rivanna Station military base, British pharmaceutical firm AstraZeneca has announced it will invest $4.5 billion to locate a major operation there. “This is a transformative moment for Albemarle County,” said Jim Andrews, Board of Supervisors chair, at the October […]
Riverbend Development intends to use Charlottesville’s new development code to bring as many as 239 apartments to an area of the city that street signs refer to as Downtown Belmont. In late September, the company filed plans with Neighborhood Development Services to demolish a former church at 914 Monticello Rd. and replace it with a […]
After nearly four years of review, the Albemarle County Board of Supervisors is expected to adopt a new Comprehensive Plan on October 15. Such documents contain directions for staff to work on new policies and retain old ones. Until mid-September, the proposed Albemarle County Comprehensive Plan included language that would have set up future study […]
Virginia is for lovers—data center lovers. Nearly half of the nation’s facilities are in the Commonwealth, mostly concentrated in Northern Virginia where there are more data centers than anywhere else in the world. These facilities, which can range from the size of a grocery store to an entire shopping district or larger, use massive amounts […]
The skyline above the Fontaine Research Park temporarily includes two cranes as construction continues on projects such as the Paul and Diane Manning Institute of Biotechnology. Last spring, the institute’s first director was hired after a career in the pharmaceutical industry that he now hopes will have a new chapter in Virginia. “When I joined […]
Albemarle County and the University of Virginia are both betting that properties on U.S. 29 north of Airport Road will yield an economic development bonanza. Now a development company representing the owners of the now-closed Bamboo House restaurant at 4831 Seminole Trail are hoping to capitalize on investment in both the Rivanna Futures project and […]
For decades, Albemarle County’s Comprehensive Plan has placed a portion of land near the intersection of U.S. 29 and Interstate 64 in the growth area. Riverbend Development filed for a rezoning for the property in early 2022, and the Planning Commission held a public hearing on September 9. “We do think that there are lots […]