Belvedere: Difference between revisions

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In October 2007 Stonehaus donated a portion of land in the neighborhood to [[SOCA]] for development of new soccer facilities, including four grass fields, an all-weather turf field and a fieldhouse with an indoor arena.<ref name=WVIRSOCA>[http://www.nbc29.com/Global/story.asp?S=7202203&nav=menu496_2 Developer Aids Charlottesville Soccer Organization's Fieldhouse Dreams] Liz Nagy, ''[[NBC29]]'', October 11 2007 retrieved 30 Jun 2009.</ref>
In October 2007 Stonehaus donated a portion of land in the neighborhood to [[SOCA]] for development of new soccer facilities, including four grass fields, an all-weather turf field and a fieldhouse with an indoor arena.<ref name=WVIRSOCA>[http://www.nbc29.com/Global/story.asp?S=7202203&nav=menu496_2 Developer Aids Charlottesville Soccer Organization's Fieldhouse Dreams] Liz Nagy, ''[[NBC29]]'', October 11 2007 retrieved 30 Jun 2009.</ref>


In November 2008, Wachovia Bank notified the county that it would not renew six letters of credit for Belvedere Station Land Trust, record owner of the project. As a result, the county has received money under a performance bond, which may be used to complete infrastructure upgrades required by the project. <ref name=dpLOCLoss>[http://www.dailyprogress.com/cdp/news/local/article/belvedere_owner_loses_line_of_credit._county_may_have_to_finish_upgrades/42229/ Belvedere owner loses line of credit. County may have to finish upgrades.] Brian McNeil, ''[[Charlottesville Daily Progress]]'', June 30 2009 retrieved June 30 2009.</ref>
In November 2008, Wachovia Bank notified the county that it would not renew six letters of credit for Belvedere Station Land Trust, record owner of the project. As a result, the county has received money under a performance bond, which may be used to complete infrastructure upgrades required by the project. <ref name=dpLOCLoss>[http://www.dailyprogress.com/cdp/news/local/article/belvedere_owner_loses_line_of_credit._county_may_have_to_finish_upgrades/42229/ Belvedere owner loses line of credit. County may have to finish upgrades.] Brian McNeil, ''[[Charlottesville Daily Progress]]'', June 30 2009 retrieved June 30 2009.</ref>]
 
In February 2010, Stonehaus sold 16 acres of the project to [[Cathcart Properties]], who plan to build a 294-unit apartment complex called [[The Reserve at Belvedere]]<ref>"Plans for apartments near Belvedere subdivision unveiled | Charlottesville Daily Progress." Charlottesville news, sports, business, events and jobs | Charlottesville Daily Progress. 12 Feb. 2010. Web. 16 Feb. 2010. <http://www2.dailyprogress.com/cdp/news/local/article/plans_for_apartments_near_belvedere_subdivision_unveiled/52208/>.</ref>.


==References==
==References==

Revision as of 11:16, 16 February 2010


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Belvedere is a neighborhood located in Albemarle County's Neighborhood 2 Designated growth area.

Stonehaus Development was the initial developer. The development was approved by the Board of Supervisors in October 2004, with plans for 775 housing units on 207 acres.[1]

Ground was broken in May 2007; the development is promoted as a "sustainable community"[2] and is being developed to LEED neighborhood standards[3].

In October 2007 Stonehaus donated a portion of land in the neighborhood to SOCA for development of new soccer facilities, including four grass fields, an all-weather turf field and a fieldhouse with an indoor arena.[4]

In November 2008, Wachovia Bank notified the county that it would not renew six letters of credit for Belvedere Station Land Trust, record owner of the project. As a result, the county has received money under a performance bond, which may be used to complete infrastructure upgrades required by the project. [5]]

In February 2010, Stonehaus sold 16 acres of the project to Cathcart Properties, who plan to build a 294-unit apartment complex called The Reserve at Belvedere[6].

References

  1. News in Review, C-Ville Weekly October 12 2004, retrieved 30 Jun 2009.
  2. Breaking ground on a planned utopia Erica Howsare, C-Ville Weekly, 5-1-2007 retrieved Jun 30 2009.
  3. Belvedere is the First Neighborhood in Central Virginia Accepted Into New LEED for Neighborhood Development Pilot Program PR Newswire 30 Jun 2007 retrieved 30 Jun 2009.
  4. Developer Aids Charlottesville Soccer Organization's Fieldhouse Dreams Liz Nagy, NBC29, October 11 2007 retrieved 30 Jun 2009.
  5. Belvedere owner loses line of credit. County may have to finish upgrades. Brian McNeil, Charlottesville Daily Progress, June 30 2009 retrieved June 30 2009.
  6. "Plans for apartments near Belvedere subdivision unveiled | Charlottesville Daily Progress." Charlottesville news, sports, business, events and jobs | Charlottesville Daily Progress. 12 Feb. 2010. Web. 16 Feb. 2010. <http://www2.dailyprogress.com/cdp/news/local/article/plans_for_apartments_near_belvedere_subdivision_unveiled/52208/>.

External links