Forest Lodge LLC: Difference between revisions
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==Lawsuit== | ==Lawsuit== | ||
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In 2011 Forest Lodge is seeking another $19.48 million | In 2011 Forest Lodge is challenging the amount of tax credits received, seeking another $19.48 million from the Commonwealth through a civil case in [[Albemarle County Circuit Court]]. At issue are varying appraisals used for the property; Forest Lodge claims a value of $87.7 million, against the Commonwealth's appraisal of $12 million. | ||
==Investors== | ==Investors== | ||
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==References== | ==References== | ||
* {{cite-hook|url=http://www.readthehook.com/101906/flip-flopped-biscuit-run-men-want-20-million-more-taxpayers|title=The flip that flopped: Biscuit Run men want $20 million more from taxpayers|author=Hawes Spencer|publishdate=12:16pm Nov 9th, 2011|printno=#1045|printdate=Nov 10th, 2011|accessdate=Nov 10th, 2011}} | * {{cite-hook|url=http://www.readthehook.com/101906/flip-flopped-biscuit-run-men-want-20-million-more-taxpayers|title=The flip that flopped: Biscuit Run men want $20 million more from taxpayers|author=Hawes Spencer|publishdate=12:16pm Nov 9th, 2011|printno=#1045|printdate=Nov 10th, 2011|accessdate=Nov 10th, 2011}} | ||
* {{cite-cville|title=Biscuit Run update: Forest Lodge takes tax department to court|url=http://www.c-ville.com/Blog/This_Just_In/Biscuit_Run_update_Forest_Lodge_takes_tax_department_to_court/|author=Brendan Fitzgerald|pageno=|printno=|printdate=|publishdate=November 7, 2011|accessdate=November 11, 2011}} | |||
[[Category:Development companies ]] | [[Category:Development companies ]] |
Revision as of 10:35, 11 November 2011
Forest Lodge LLC | |
---|---|
Type | developer |
Founded | 2006 |
Founder | Hunter E. Craig |
Headquarters | Charlottesville |
Industry | developer |
Employees |
Forest Lodge LLC is the company that purchased the Biscuit Run Farm with the intent to develop a new neighborhood.
Forest Lodge purchased the property in 2006 for $46.2 million, the largest land transaction ever in Albemarle County. In 2009 Forest Lodge sold the undeveloped land to the Commonwealth for $21.48 million in cash and tax credits, to create Biscuit Run State Park.
This article is a stub. You can help cvillepedia by expanding it. |
Lawsuit
This article documents a current event. Information may change rapidly as the event progresses. |
In 2011 Forest Lodge is challenging the amount of tax credits received, seeking another $19.48 million from the Commonwealth through a civil case in Albemarle County Circuit Court. At issue are varying appraisals used for the property; Forest Lodge claims a value of $87.7 million, against the Commonwealth's appraisal of $12 million.
Investors
Known investors in Forest Lodge include:
- Hunter E. Craig
- Wick McNeely
- Coran Capshaw
- Phil Wendel
- John Carr
- Brad Eure
- Dave Dallas
- Jeff Buckalew
References
- Web. The flip that flopped: Biscuit Run men want $20 million more from taxpayers, Hawes Spencer, The Hook, Better Publications LLC, 12:16pm Nov 9th, 2011, retrieved Nov 10th, 2011. Print. Nov 10th, 2011 , #1045, .
- Web. Biscuit Run update: Forest Lodge takes tax department to court, Brendan Fitzgerald, C-VILLE Weekly, Portico Publications, November 7, 2011, retrieved November 11, 2011.