Score Real Estate Partners With Side, Strengthening Its Business Offerings in the Competitive Bay Area Market streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Macklowe Seeking $1.1B Refi of One Wall Street therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Core Battles Macklowe, Churchill After Removal from Projects therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Developer reconciles affordability to tenants while seeking to expand on property in Belmont
The Belmont Heights apartment complex.
Credit: Charlotte Rene Woods / Charlottesville Tomorrow
Share
A developer is seeking approval to build 11 new units at 1000 Monticello Road in Charlottesville’s Belmont neighborhood. While the Planning Commission has yet to recommend the proposal, the project is still evolving.
With the goal to set nine of the potential 11 new units as affordable, developer Drew Holzwarth is currently hoping to be granted a special use permit that will allow for increased density on the land parcel. He renovated the adjacent Belmont Heights apartments over the past year a process that drew contention from community members as some residents were displaced during the renovation.