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Tag Archives: Roanoke-Blacksburg
Owners Place Historic Natural Bridge Up for Sale
Virginia has many numerous historic landmarks and Natural Bridge has amazed tourists for centuries. In 1774, Thomas Jefferson purchased the natural phenomenon from King George III for 20 shillings, recognizing the importance of the landmark and its ability to astound visitors. Since that time, Natural Bridge has always been privately owned by various parties and investors. Its assets have grown considerably over the years to include a 150-room hotel, a wax museum, and other tourism related properties. It now appears that the owners are ready to sell. Roanoke-based Woltz & Associates announced earlier this week that they have been retained by the owners to sell the 1,600 acre site. (more…)
Report Shows Fiddler’s Green Does Not Meet Comprehensive Plan
Back in March, we discussed the submission of a development proposal for a mixed-use project in Blacksburg called Fiddler’s Green. The 20-acre project, which was to be located on the former Blacksburg Middle School site, included residential, retail, and office properties. Despite concessions from the developer to meet certain conditions in order to receive rezoning approval, it appears that the project may be dead. (more…)
Bedford County Developer Offers 35-Acres for New Middle School
Bedford County-based developer George Aznavorian has made an offer to the County’s School Board that they might not be able to pass up. He has offered 35-acres of developable land on U.S. 460/U.S. 221 next to the Bedford Area Family YMCA for the creation of a new middle school. The offer came Tuesday night at a Board meeting and a feasibility study might be voted on as soon as tonight. (more…)
Details Emerge on Mixed-Use Project in Roanoke
Developers for a major new mixed-use development in Roanoke are beginning to release more details of the project in building permit applications. Positioned across from the Virginia Tech Carilion School of Medicine and Research Institute, Riverside Station is expected to be a $100 million development that includes apartments, retail, restaurants, and offices. Permits for the first building in the development have been filed and call for a 150-unit apartment building. The anticipated cost of this first building is $12 million.
Development Project in Salem Sparks Debate
A 52-acre plot of land in the heart of Salem has reignited a fierce debate between the public and City officials. In 1998, Roanoke College elected to sell the plot of land to the City. At the time, the goal of was to attract developers and businesses to the property to increase tax revenues so the City rezoned the property for business use. As soon as the re-zoning was passed, the public outcry began. Residents demanded that the City make the 52-acres into a green space and prohibit development from taking place. The Mayor and City Council agreed and for the past 15 years the land has sat dormant. (more…)
