Date Archives May 2010

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 Terremark in Culpeper, Courtesy of 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?

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It’s Bike Week in Charlottesville

ACCT is coordinating a series of community events to celebrate Bike Week, May 17th – 23rd. Bike Week is about spreading enthusiasm for the potential of bicyling to improve ourselves, our community, and our environment.

… “Need to Know” Bicycling Clinic – Making City Riding Enjoyable 11 AM to 12 PM | UVA Clemons Library, Room 407 (**change from Alderman) As part of National Bike-to-Work Day, ACCT and Community Bikes’ team of League of American Bicyclists certified instructors will hold an information session on making bicycle riding and commuting in Charlottesville safe and fun. The topics covered will include proper equipment, safety inspections, skills, commuting, and best practices.

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Old Trail Sales Up Year over Year. Really.

Inspired by this article in the Crozet Gazette , NBC 29 reported yesterday that home sales in Old Trail Village are up significantly this year . It’s not spin , it’s true , backed by data (see below). I have clients who saw the value in Old Trail (and I’d like to have more 🙂 ) I’m through Old Trail nearly every day and I have been tracking the progress made on the townhomes built by Craig Builders … I find new construction – the pace, the timeline, the fact that a bazillion pieces get put together and they happen to result in a house – fascinating.

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Charlottesville and Albemarle Real Estate Market Reports – 18 May 2010

In case you were wondering, the Charlottesville area is still considered – technically as well as psychologically – a Buyer’s Market Charlottesville and Albemarle real estate market update – attached homes – 18 May 2010 (pdf) Charlottesville and Albemarle single family homes – real estate market update – 18 May 2010. (pdf) If you want to receive these updates regularly, spam-free , sign up here.

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