Old Ivy Residences
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Old Ivy Residences is an approved residential development in Albemarle County submitted by Greystar Development. [1]
| Old Ivy Residences | ||
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Old Ivy Road, Albemarle County
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| Use Type | Residential (multifamily, townhomes, and detached houses) | |
| Lot Size | 35.39 acres | |
| Residential units | 477 units (up to 525 units approved)
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| Parking | 751 surface parking spaces (est. 2023)
Parking reduction:
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| Development Firm | Greystar Development | |
| Approval Process | Rezoning
Special Exception for parking reduction Critical slopes rezoning from Preserved to Managed |
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| Date Approved | 2023 | |
| Construction Started | September 2024 | |
| Construction Completed | Q2 2026 (anticipated) | |
| Application # | ZMA2021-00008 (rezoning)
ZMA2021-00009 (critical slopes) SE2022-00017 (parking reduction) |
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Details
There are a total of five parcels in the nearly 36 acre development. Three of them are zoned R-15 currently, one is zoned R-10, and another is R-1. The Comprehensive Plan designates some of the property as urban residential density. Greystar is seeking a rezoning to R-15 for all the properties and seek to alter the classification of some steep slopes from preserved to managed. [2]
Timeline
- November 18, 2021 – Community meeting at Places29-Hydraulic Community Advisory Committee [1]
- June 14, 2022 – Developer seeks deferral after public hearing at Albemarle County Planning Commission [3]
- August 15, 2022 – Developer submits new proffers, including provision of a new multiuse pathway along the entire frontage of the project [4]
- March 1, 2023 – Albemarle Board of Supervisors unanimously approve the rezoning [5]
Resources
References
- ↑ 1.0 1.1 Web. 490-unit development proposed along Old Ivy Road, Allison Wrabel, Daily Progress, Lee Enterprises, November 16, 2021, retrieved November 18, 2021.
- ↑ Web. November 16, 2021: Greystar presents 490-unit Old Ivy Residences to Places29-Hydraulic group; Champion Brewing Company and Reason Beer to merge, Sean Tubbs, Charlottesville Community Engagement, Town Crier Productions, November 16, 2021, retrieved November 19, 2021.
- ↑ Web. June 27 meeting scheduled to review Charlottesville zoning report, News Article, Town Crier Productions, June 22, 2022, retrieved September 10, 2022.
- ↑ Web. ZMA2021-0008 Old Ivy Residences, Proffer Statement, August 15, 2022, retrieved September 10, 2022.
- ↑ Web. Albemarle Supervisors approve 525 units on Old Ivy Road, News Article, Town Crier Productions, March 2, 2023, retrieved September 29, 2024.