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Development office grows in Virginia Beach

photo by Jason PrattVirginia Beach's Strategic Growth Area Office opened last year with one manager and an assistant. Soon, if the proposed budget is approved, the office will boast a staff of 15 and a budget of $8.5 million as it ramps up to manage some of the city's biggest development projects, including the potential light-rail line.

Virginia Beach officials say that most of the department's budget and staff have been moved from other areas, and that little additional money is actually being spent.

Homeowners can benefit from an office dedicated to overseeing the city's orderly growth. Well-planned development that keeps pace with improvements to infrastructure can help raise property values.

Read more in The Virginian-Pilot....

Posted on Saturday, May 1, 2010 - 9:30pm

Isle of Wight officials reconsider proffer system

Isle of Wight County OfficesOfficials in Isle of Wight are concerned about a lack of business and residential growth, and the  the county is taking another look at its proffer system.

Proffers are agreements between developers and local governments meant to lower the burden of new developments on government resources, such as the need to build a new school or roads. Under the county's voluntary proffer system implemented in 2003, developers looking to have land rezoned for a project could offer cash, land, or other incentives to the county as part of their application. The encouraged cash proffer amount is about $11,000 per single-family housing unit.

The cost may be inhibiting development, thus stifling growth and causing the local real estate market to stagnate.

Read more at the Daily Press....

Posted on Monday, April 12, 2010 - 4:26pm

Fredericksburg City Council to revisit limiting sizes of new homes

According to the Free Lance Star, Fredericksburg City Council has resumed discussion of an ordinance to limit the size of "out of scale" new homes.  Originally considered in 2008, the Council placed it on hold, only to be shuffled between the Council and the Planning Commission.  As the housing market slowed and new construction sales tumbled, the urgency passed and the issue was placed on the back burner - until now.  The Council will hold a public hearing to seek input on a proposed ordinance that would limit the height of new homes, as well as the amount of space the "footprint" of the house would occupy in relation to the lot size.

 

Read the full story...

Posted on Tuesday, February 9, 2010 - 10:38am

Mixed-Use Village Coming to New Kent

New Kent, a partly suburban but mainly rural county thus far, is slowly changing shape. Within the last two years, the County has seen increasing residential and commercial development. Next on the list is a project that will include both businesses and homes in the style of an English village.  The new project is expected to bring $500,000 in real estate, personal, business, sales and meals taxes in five years. Residential units -- with prices ranging from the low $200,000s to the mid-$300,000s -- reflect the architecture of the English countryside. They include carriage houses, cottages, flats and town homes.

 

Read the full Richmond Times-Dispatch story...

Posted on Monday, February 8, 2010 - 5:01pm

Newport News to Examine the Future of Retail, Preventing Sprawl

Newport News is taking its future of retail very seriously, and will commission a study on the direction of retail and preventing sprawl. Thanks to an explosion of retail stores in Williamsburg and Hampton, Newport News find itself in competition with them - often to its detriment.  As a result, City Council is seeking ways to redevelop vacant commerical properties and plan to commission a study to focusing on  redevelopment and preventing sprawl. To the extent that they can utilize vacant properties, they can hopefully minimize the need for new development that is likely to increase traffic congestion in surrounding areas. The study is expected to cost between $50,000 to $100,000.

 

Read the full Daily Press story...

Posted on Sunday, February 7, 2010 - 1:37pm

Greene County to Revise Comprehensive Plan

According to Greene News, discussions in Greene County are underway between the Planning Commission, Board of Supervisors and other resident stakeholders.  Of greatest focus is the tract of land centered at U.S. 29 and U.S. 33.  One planning commissioner has urged for more compact growth and affordable housing in the area, but the looming challenge is ensuring that the Town of Standardsville and the northside area of the Standardsville bypass remain economically viable.

The comprehensive plan is a "master plan" that serves as a guide for all development in a particular locality.  It includes all of the zoning classifications and "density", which determines, for example, how many homes, apartments, commerial offices, etc., may be built in a particular area.  Homeowners should pay close attention to comprehensive plan changes, as there is a possibility that it could affect their property value, whether it be positively or negatively, or simply their quality of life.

 

Read the full story...

Posted on Monday, January 18, 2010 - 3:41pm

Albemarle County Dedicated to Improving Development Process

According to Charlottesville Tomorrow, the County is seeking to improve their development process. Recognizing that some parts of the process are cumbersome and may impede progress, they are re-examining their rules and regulations with the hope of streamlining  their procedures for future development.  For potential homeowners, the development process and conditions imposed on the developer may ultimately increase the home price. For current homeowners, long permitting processes can drag out the time of construction, which may or may not be a hindrance to your existing neighborhood.

 

Read the full story...

Posted on Monday, January 18, 2010 - 3:10pm

Demand for Virginia Beach Age-Restricted Housing Drops

According to the Virginian-Pilot, Virginia Beach builders are indicating that the demand for the beach age-restricted housing is almost non-existent.  Such developments were a win-win for the locality. The additional population increased their tax base and revenue while minimizing the impact on facilities such as schools, as they did not usually have residents with school-aged children. Home builders are now asking to the City Council to drop the age-restriction and proceed with regular development, which has prompted mixed feelings from Council members questioning the impact on roads and schools.

 

Read the full story...

Posted on Monday, January 18, 2010 - 2:28pm

Newport News City Council Clears the Way for Mixed-Use Development Project

According to the Daily Press, the Newport News City Council has approved a development plan that combines luxury apartments and retail stores as the intersection of Jefferson Avenue and Bland Boulevard. Many residents are fearful of additional traffic in an area that is already heavily congested.

Developments of this type are known as "mixed-use", meaning that they combine different types of zoning classifications. Traditionally, commercial and residential development are planned for in geographically separate areas. Most often the goal of mixed use design is to decrease traffic by locating the projects near major transportation hubs (such as Metro in Washington, D.C.). Mixed use developments are also appealing to buyers that prefer to be in very close proximity to stores and restaurants, usually within walking distance. They are becoming increasingly common as localities become more flexible with their zoning ordinances.

These developments can affect property values positively or negatively, depending on how they are constructed and the impact on surrounding infrastructure.

 

Read the full story...

 

Posted on Thursday, January 14, 2010 - 2:49pm

Liberty University Alters Development Plans for Campbell County Tract

According to the Lynchburg News and Advance, Liberty University has revised its plans for developing a 200-acre land parcel at the intersection of Route 29 and U.S. 460. There have been several different versions, but the current one plans for an academic building and open space that may later be used for future retail development. For homeowners, it is important to remain informed about land use decisions in your region, as future development - whether it be commercial or residential - does indeed impact property values.

 

Read the fulll story...

 

 

Posted on Thursday, January 14, 2010 - 1:36pm