The Henrico CountyPlanning Commission will hold a public hearing about the proposed mixed-use designation for the Innsbrook area. A study draft released in May suggests gradually changing Innsbrook from what is today mostly office space to a walkable community with a mixture of office, retail, entertainment, and residential development.
The original study area includes Innsbrook Corporate Center and encompasses acreage between West Broad Street and Nuckols Road near Interstate 295. That space is largely designated for office use under the 2026 Comprehensive Plan adopted in August. Officials will consider whether to add a 166-acre residential area to the study. Staff are recommending that the area continue to be zoned for single-family residential use.
Gov. McDonnell has embarked on a mission to create the Commonwealth's first statewide housing policy. The policy is expected to guide the Commonwealth's approach to issues such as homelessness, affordable housing, workforce housing, economic development, healthy neighborhoods, effective coordination with transportation, environmental issues and other housing related opportunities.
Time is running out to provide comments or ideas to Gov. McDonnell's Housing Policy Advisory Committee. On July 9, the suggestion box will be closed. If you'd like to provide input to the Advisory Committee, act now.
With top-rated speakers like Future Law's Chip Dicks, Lem Marshall, and prominent real estate attorney Grimes Creasy (just to name a few), this event is a must-attend for professional and rookie property managers alike to stay up to date – and out of trouble – in their businesses.
But: it's not all business and no fun! A round of speed networking (with cocktails!) and the popular Casino Night event ensure there's plenty of playtime built in.
Visit the event page to see all the details, download a schedule, and more!
Watch your mailbox this week for the latest issue of Commonwealth Magazine. Here's what to expect:
Agenda will be available June 10th
Prince William County supervisors have voted to compel an 83-year-old woman and her sons, Parker Family LLC, to turn over their $100,000 parcel of land -- without compensation.
“They basically just get the property,” said Sally Hankins, attorney for Parker Family LLC. “The county is going to file a document … saying they’re initiating a quick-take on the property.” The filing will claim the property's value as zero, allowing the the county to take it without payment.
Wetlands may be hard to spot -- and disturbing them without obtaining the required permits can be very expensive.
Kurt Lorenz found that out the hard way after he bought 22 acres of vacant land in southern Chesapeake. He didn't know that the property contained wetlands, and started work on a horse barn. Today, he faces a $22,750 fine from the Virginia Department of Environmental Quality, plus a $50,000 expense to restore the disturbed wetlands.
Read more in The Virginian-Pilot....
The Richmond Association of Realtors and VAR are teaming up to bring you RE BarCamp RVA. "RE BarCamp RVA? What the heck is that?" you say?
A BarCamp is a FREE unconference, meaning there is no set agenda of topics before everyone arrives at the site. At the beginning of the event anyone in attendance can “pitch” an idea such as leading a discussion on the use of Twitter for real estate, a discussion on best practices in dealing with a Short Sales, hot mobile applications or using Facebook for real estate. Each idea is written on a post-it note and posted on the wall at the front of the room.
The legal battle over a three-acre plot of land on Reserve Avenue has ended, with B&B Holdings accepting its condemnation. The City of Roanoke had exerted eminent domain to take the land for a Carrilion Clinic biomedical park, but has since dropped those plans.
The case has been closely watched by advocates of property-owners' rights, who are pushing for stricter limits on the use of eminent domain to seize land. Ultimately, the owners in this case, Jay and Stephanie Burkholder, gave up the fight because it made good financial sense to do so. The legal battle cost them about $600,000.