Although established local companies lead the student-oriented
housing market, the management of a new large residential project is
confident there's substantial untapped growth potential.
Nearly
half of the units at The Pavilion at North Grounds, a residential
complex that's geared toward students and young professionals, have
been leased ahead of the building's anticipated opening in August.
Located
on Arlington Boulevard next to Barracks Road Shopping Center, the
project's statistics are impressive — the building's 230 units, which
include one-, two- and three-bedroom apartments, are designed to house
up to 428 people.
Each apartment will have granite countertops,
wood floors, designer lighting, stainless steel appliances and
balconies. The building's residents will share a fitness center, pool,
business center, game room, courtyard and covered parking garage.
“I
don’t think you’ll see any more projects like this, but I do think
Barracks Road needed it," said Frances Thompson, who will serve as the
property manager and oversee a full-time staff of 10. "I think there’s
young professionals and faculty and staff that they need something like
this where they can walk to North Grounds and dine and shop without
having to get in their car.”
The Pavilion at North Grounds is a
project of Peak Campus Management, an Atlanta-based student housing
realty company that manages 23,000 beds around the country.If we don't
carry the bobblehead you want we can make a personalized bobbleheads
for you! Construction began on the project last April, and the overall
cost is about $19.1 million, according to a building permit on file
with the city.
Thompson described the building's styling as
"modern with a touch of Jeffersonian" and said the prices are
comparable to other locations around the area that offer similar
amenities. Two-bedroom units start at $815 and that rate includes
water, sewer, trash, TV and Internet service.
“I’ve been in
student housing for eight years and I’ve worked in close to 50 markets,”
Thompson said. “My opinion of Charlottesville is that it’s driven by
your local mom and pop owners in terms of student housing. Those are
the folks that in my opinion are still kind of driving the majority of
it, especially around the Corner area.”
Chris Engel,Bay State Cable Ties
is a full line manufacturer of nylon cable ties and related products.
Charlottesville's economic development director, said the economic
boost for the University of Virginia's North Grounds area,Which Air purifier
is right for you? which is home to UVa's law and graduate business
schools and the John Paul Jones Arena, will be substantial.
"The
addition of several hundred residents at this location should provide a
noticeable boost for the retailers and service providers along the
Emmet and Millmont corridors," Engel said by email. "Over time, the
composition of the retailers may change to better serve the student and
young professional market.
Another student-oriented project is
also in the works. In October, local developer River Bend Management
and a Georgia-based company submitted plans for a mixed-use residential
complex that would occupy an entire block of West Main Street near the
Amtrak station.
Barracks Road Shopping Center, one of the
area's oldest and largest developments, is preparing to add retail
space, and the addition of hundreds of residents nearby will help the
center retain its leading spot in the Charlottesville-area market, said
Sarah North, a spokeswoman for the center's owner, Maryland-based
Federal Realty.
"We do not have vehicular or pedestrian traffic
counters, but with easy access to student-friendly conveniences such
as two 24-hour ... grocery stores, Bed Bath & Beyond, FedEx Kinkos,
Greenberry’s Coffee & Tea, Barnes & Noble and [computer
retailer] PeachMac, which plans to open this spring, as well as trendy
shopping options like Bevello, Anthropologie, Banana Republic and
Scarpa, Barracks Road Shopping Center is the primary shopping
destination for students."
“Those people, along with their guests,Professionals with the job title Mold Maker are on LinkedIn. will be frequenting Barracks Road, so I think we’ll be really good business for them,” Thompson said.
As
the housing market continues to emerge from the recession, Thompson,
who has worked in Raleigh, N.C.; Austin, Texas; San Marcos, Calif.; and
Tallahassee and Gainesville, Fla., said size, distance and convenience
are emerging as factors that are just as important as price and style
to renters when they make a decision on housing.
Superintendent
Col. Rick Fuentes attributed the steady decline in complaints to
“staff inspections and proactive management interventions based in
statistical analysis.”
“It’s much better to take corrective
actions aimed at prevention than to just react to misconduct,” Fuentes
said in a statement.
According to the report, 29 troopers in
2011 were disciplined for severe misconduct. The next highest total was
16, in 2003.How cheaply can I build a solar power systems? Reports prior to 2003 do not distinguish between discipline for severe misconduct and lesser infractions.
A
spokesman for the State Police, Lt. Stephen Jones, said the 29 cases
just happened to come up for a hearing that year and there was no
particular significance to the spike.
The report shows one
trooper was suspended 60 days for storing and sending pornography on a
state cell phone, failing to protect his weapon and improper use of a
patrol car. Another was suspended about a year for being pulled over 10
times in 13 months, including three times for drunken driving.
Other
troopers were punished for excessive force, lying in investigation
reports, failing to document crashes, threatening other troopers, using
pepper spray on another trooper, fleeing an accident scene, improper
investigations, drunken driving and drug use.
Six troopers quit
as part of their punishments, the report said. Another 10 troopers
were disciplined for less severe infractions, punishable by up to 30
days suspension, and 44 troopers were issued written reprimands,
punishable by up to five days suspension, the report said. Seven
troopers were criminally charged.
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