Market Street Promenade

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Market Street Promenade is a proposed nine story building slated for 218 West Market Street that is being put forward by Heirloom Development. [1]

Market Street Promenade
Market Street Promenade rendering 2020-09.jpg

218 West Market Street
Use Type Mixed-Use Apartments, Office & Retail
Lot Size 0.562 acres (24,480sf)
Building Height 101 feet
Stories 9
Residential units Up to 134 units (SUP approval)

90 units – 65×1br, 25×2br (preliminary site plan)

Parking Underground structure
Development Firm Heirloom Development
Developer Contact Jeffrey Levien
Engineer Timmons Group
Approval Process Special Use Permit
Approval Conditions Single mixed-use building

Retail on ground floor


Underground parking


Massing broken up


Active, transparent, permeable facade


Protective Plan for adjacent structure at 100 Old Preston


Setbacks: 10' on 7th floor from E. Market, western, and eastern property lines


8 affordable units.

  • 4 units at 80% AMI
  • 2 units at 60% AMI
  • 2 units at 50% AMI
  • On-site or off-site
  • Term:
    • 6 units for 8 years
    • 2 units for 16 years

Reduced rent space for a 501(c)(3) serving the Black community

  • 700sf minimum
  • 5 year minimum term
  • 50% of market rate rent
Date Approved 2020
Application # SP19-00006


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Timeline

References

  1. 1.0 1.1 Web. Planners reluctantly back proposed high-rise on Artful Lodger site, Nolan Stout, Daily Progress, Lee Enterprises, November 14, 2019, retrieved November 15, 2019. Print. November 13, 2019 page A1.
  2. Web. History of Artful Lodger site at issue at Planning Commission meeting, Nolan Stout, Daily Progress, Lee Enterprises, September 24, 2019, retrieved 2020-12-02.
  3. Web. Agenda for November 12, 2019 Charlottesville Planning Commission, City of Charlottesville, November 12, 2019., retrieved 2020-12-02.
  4. Web. Council sends Lodger request back to Planning Commission, Nolan Stout, Daily Progress, Lee Enterprises, December 4, 2019, retrieved 2020-12-02.
  5. Web. Council unenthusiastically approves permit for high-rise on Artful Lodger site, Nolan Stout, Daily Progress, Lee Enterprises, September 10, 2020, retrieved 2020-12-02.
  6. Web. Agenda for September 8, 2020 Charlottesville City Council, City of Charlottesville, September 8, 2020., retrieved 2020-12-02.
  7. Web. Agenda for June 14, 2022 Charlottesville Planning Commission, City of Charlottesville, June 14, 2022., retrieved 2022-08-17.