Date Archives May 2011
Thursday Links – 5 May 2011
The US Government needs a real estate agent. … By the time they get around to stripping away the bureaucracy, the recession will be over. … Have a good lender to advise you.
A good Low-Budget Disaster Prep post
Eminent Domain in the Charlottesville, Take 2
I’ll be 50 before this road is built. (that’s just less than 15 years) Curiously, it’s taken nearly two years to get to this point ; Rachana Dixit reported in the Daily Progress June 15, 2009 : Charlottesville officials will attempt to exercise eminent domain to acquire the land necessary for Hillsdale Drive Extended’s first section, which is being built as a part of the new Whole Foods grocery store. The city is trying to get roughly 1.5 acres that are privately owned to start the multimillion-dollar road project, which would begin before the store’s construction. Those behind the new Whole Foods — Meadowbrook Creek, LLC is developing the property at 1801 Hydraulic Road under a 99-year ground lease that began in 1964 — agreed that the first portion of Hillsdale Drive Extended would be built as a condition of the project. But the road, designed to connect Hydraulic Road through the Seminole Square shopping center to Hillsdale Drive in Albemarle County, cannot be constructed until the land has been designated for public use.

More Condos coming to Belmont – The Coal Tower Project
When following the links below, keep in mind two things: 1 – If you don’t own it, it’s going to change (one of the most common things I tell my buyer clients 2 – Growth and development moves interminably slowly; only journalists and lobbyists seem to be able to effectively track said progress.
… Plans call for a mixed-use project, with 64 townhouses (four above a parking structure), 118 condos, and a commercial segment that includes restaurants and retail on 2.77 acres of the site, Creasy says.
… The coal tower, a longtime landmark, is now becoming a focus of residents’ worries about connectivity, traffic and an altered skyline as it moves closer to redevelopment at the hand of Coran Capshaw.
… As an aside, cvillenews pointed out in 2006 how there was going to be a green condo construction project ,* which I noted in 2007 briefly in my Belmont neighborhood story .