Tag Archives: ngic
Belevedere Neighborhood Maturing
I’ve always liked the Belvedere neighborhood; I think it’s a great place – great neighborhood, great location and well-designed energy efficient houses.
Charlottesville Tomorrow reports on how Belvedere is growing up and taking shape.
“The homes are built right by the sidewalk and you can talk to the neighbors when they walk by,” said Perpetua, who is retired and moved here from Pittsburgh. “It’s just a different kind of community.”
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Another part of this urban vision is a “civic core,” modeled as a public square, which will include a community meeting space, a Montessori school and facilities for the Soccer Organization of Charlottesville-Albemarle.SOCA plans to locate its new headquarters in Belvedere and also has three separate parcels in the works for the neighborhood — a covered indoor field and training facility, a lit all-weather artificial turf field and four natural grass fields.
Bill Mueller, executive director of SOCA, said that final approval for the offices and indoor field in the first parcel was “imminent” and that SOCA would soon start a $4 million fundraising campaign for the facility.
Last night I had an extended conversation via the handy-dandy “Live Support” widget you see to the right with someone about the Belvedere neighborhood. We talked about a lot and I referenced a lot of stories. I thought recapturing those links would be helpful, both for me as a resource, and you as a reader (and prospective buyers) Continue reading
Four Positive Signs about the Charlottesville Real Estate Market
1 – Stabilizing real estate assessments – some are legitimately up, some are legitimately down; while they are irrelevant to market value – they do affect consumer sentiment & perspective . 2 – Unemployment has declined to a two year low . ( more ) 3 – I am hearing this more and more from buyers with whom I am working: “She is in no immediate rush but she is aware that this is probably the bottom of the market so would like to capitalize on that.” … I just returned from FiberLight’s ribbon cutting ceremony at the Omni Hotel in Charlottesville, and I am very excited about what they are doing, what they plan to do and what this may mean for the Charlottesville region. More to come on how this will affect businesses, consumers and most importantly (to me at least), the Charlottesville real estate market. Continue reading
Remember the Home Buyer Tax Credit? It’s Still Good for Veterans
Thanks to IRS.gov : Additionally, there are new benefits for members of the military and certain other federal employees: • Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. … It applies to any individual (and, if married, the individual’s spouse) who serves on qualified official extended duty service outside of the United States for at least 90 days during the period beginning after Dec. 31, 2008, and ending before May 1, 2010. … This relief applies where a home is sold or stops being the taxpayer’s principal residence after Dec. 31, 2008, in connection with government orders received by the individual (or the individual’s spouse) for qualified official extended duty service. … Qualified official extended duty is any period of extended duty while serving at a place of duty at least 50 miles away from the taxpayer’s principal residence (whether inside or outside the U.S.) or while residing under government orders in government quarters. Continue reading
Greene County Schools’ Growth
Harrisonburg City grew by an astounding 4.59%, but we outpaced Albemarle, Charlottesville, Louisa, Madison, Orange, Fluvanna, Rockingham, Staunton, and Nelson.
…I suppose that quite a bit of that growth can be attributed to NGIC/DIA as well as the fact that now that Greene has a Lowe’s and Super Wal-Mart people are more inclined to stay in Greene rather than always have to go to Charlottesville. Also, I’d bet that that Hollymead Town Center – Harris Teeter and Target – derives a fair amount of their traffic from southern Greene County.
…If you want a small farm to keep a pony for the kids or a nice vegetable garden, going north may be the answer. Continue reading
Moving to Charlottesville for NGIC or DIA?
I’ve written before about finding rentals in the Charlottesville area … to give you a taste of what the rental market is like, keeping in mind that the Charlottesville MLS tends not to have the majority of rentals as it does homes for sale … … Of these 116 rentals that meet the above criteria, 31 are vacant – meaning, most likely, less than a third of the available rental inventory is available for immediate occupancy. So, if you’re staying in a hotel looking for a place to live, you are going to face a challenge. Further, of those 31, one indicates they will do either a short-term or month-to-month lease . 12 of the 116 indicate they will accept such terms. Continue reading
Did you Know? About Terremark in Culpeper
Culpeper’s Terremark campus just doubled in size, thanks to a recent acquisition of 27 acres adjacent to its sprawling facility — known as the Network Access Point of the Capital Region — just southeast of town on Technology Drive. The global IT infrastructure provider announced Wednesday that it spent $5 million on the deal, adding room for another 250,000 square feet of datacenter space and nearly 100,000 square feet of office space. 
Terremark in Culpeper, Courtesy of DataCenterKnowledge.com If this expansion continues (and I’m just a layman here): The NAP of the Capital Region is the lynchpin of Terremark’s push to capture additional market share in the market for ultra-secure government hosting. … Terremark recently unveiled a 72,000-square-foot headquarters building that features a 150-seat auditorium built to the federal government’s Physical Security Standards for Sensitive Compartmented Information Facilities (SCIF) and approximately 50,000 square feet of Class A office space that can be built to SCIF specifications in order to meet customer demands. … The fact that the brand-spanking-new commuter rail ” actually stands a chance of turning a profit ” makes this thought not entirely nutty. … until the businesses that are now locating in Reston and Herndon start choosing Culpepper (sic) instead, C’ville won’t be a bedroom town of the NY-PHILLY-BALT-WASH megalopolis… Now what might that do to real estate values in the Charlottesville region? Continue reading
NGIC and DIA – What’s the Impact on the Charlottesville Real Estate Market?
Right Now *, There are: – 289 Homes for Sale within five miles of the NGIC/DIA facility on 29 North. – 113 have “NGIC” in the public remarks. (one of these listings is mine, and it’s GREAT .)
…But understand that obtaining a new clearance, probably higher than TS, for most of the professional jobs at NGIC will be a long process (12 to 18 months), and site security policy may not allow personnel into the building until a clearance is finally granted. In that case, two issues apply. #1, even if it takes 2-4 months and several thousand dollars to relocate, a pre-cleared person from DC or straight out of the uniformed services can come on much faster than Sara’s fresh, uncleared UVa graduate. #2, assuming that fresh, uncleared Hoo gets hired, what’s s/he going to do for the next 12-18 months while awaiting clearance?
…Quite a few people have been moving to and buying homes in the Charlottesville area due to the NGIC/DIA relocation, and I suspect there will be more as the move continues its phase-in over the next few years. Continue reading
