REGIONAL VIEW shenandoah valley
Redevelopment plan includes more than 40 apartments by Joan Tupponce
involved in a public/private partnership that aims to rede- velop a section of the city’s downtown. Last December, the EDA
T
establi shed Picca- dilly Street Invest- ments LLC to buy three properties from 204 to 214 E. Piccadilly St. as part of a beautification plan. In February, the EDA
The Winchester EDA is planning a downtown mixed-use project that will include space for businesses and 40 to 45 apartments.
he Winchester Economic Develop- ment Authority is
also purchased 202 to 206 N. Kent St. as part of the project. The total price tag for all of the purchased properties was $1.3 million. The EDA reached out
to several developers to see whether they had an interest in establishing a partnership to redevelop the area. “We had good interest,
but the group we are partner- ing with, Providence Capital Partners LLC, stepped up to do the deal. We are work- ing with them on the best
FOR THE RECORD
New town homes will be built in Waynesboro in a develop- ment that has plans for up to 184 units. Atlantic Builders of Fredericksburg will be construct- ing the units in the Evershire Subdivision, at the intersection of Route 254 and Hopeman Parkway. The developer of the property is Hopeman Land Co., a subsidiary of Countryside Service Co. of Fishersville. David Boisvert, the Atlantic Builders sales manager for Charlottesville and the surrounding area, said he anticipates a buildout of about 10 town-home units initially. He said the plans for the 184 units remain intact. Frank Root is the president of Countryside Service. The company owns the land on which the development
approach and most beneficial redevelopment of the site,” says Shawn Hershberger, Winchester’s development services director. The EDA is planning
to take down the existing buildings to make way for a mixed-use project that will include businesses on the first floor and 40 to 45 apartments. Only one of the build-
ings purchased has a business tenant, and the EDA is in the process of “working with
will be built, and will install the streets, curbs and gutters, and other infrastructure. (The News Virginian)
The Blackburn Inn in Staunton has opened for business. A partnership involving The Blackburn Inn LLC and Richmond-based Retro Hospitality transformed the historic structure, built in 1828, into a 49-room boutique hotel. The hotel is in a Jeffersonian-style building on an 80-acre site that was formerly part of the Western State Hospital. In addition to the guestrooms and suites, the hotel has a 20-seat bistro and bar, Second Draft, with a locally sourced menu and beverage program showcasing Virginia wines, beers and ciders. The Library Lounge, located adjacent
Rendering courtesy Winchester Economic Development Authority
them on a relocation plan,” Hershberger says. “There is currently a residential tenant in 204 N. Kent as well. We have spoken with them and made it clear we will give them an adequate advance notice for when the lease will be terminated.” The overall impact
of the project will provide additional residential units with some geared toward workforce housing as well as an increased tax base. “The goal of the project ultimately
to the front lobby, also serves coffee, tea and fresh pastries. The Blackburn Inn offers event space, including a dramatic front lawn and the 2,500-square-foot Penthouse Loft adjacent to the hotel. (
VirginiaBusiness.com)
A $200,000 GO Virginia grant will create a new cybersecurity workforce development program at Blue Ridge Community College in Weyers Cave. The project will aim to spur regional growth in the cybersecurity industry by implementing a self-paced, noncredit training course. It will produce new industry credentials — CompTIA Security+ — that are not offered in the region now. (
VirginiaBusiness.com)
ComSonics Inc. is investing
www.VirginiaBusiness.com
is to set the stage for future growth in Winchester,” Hersh berger says. The EDA would like to
see the project completed in the first quarter of 2020, but that timeline is “optimistic,” Hershberger says. “Right now, there are
still some rezonings going on,” he says. “A portion of the parcels we purchased is going through Board of Architecture review. We need to finalize plans and move toward redevelopment.”
$615,000 to expand its manu- facturing operation in Augusta County. The company also plans to add 34 jobs over a three-year period. Harrisonburg-based ComSonics provides design, manufacturing, sales and repair solutions for the electronics and fiber-optics industries. The company says it will purchase new equipment and make facility improvements to allow for addi- tional space. (VirginiaBusiness. com)
Toray Plastics (America) Inc. has completed a two-year, $40 million expansion at its PEF division in Front Royal. The equipment is housed in two new buildings that cover 74,000 square feet. A new extrusion line provides the company with manufacturing flexibility, and
the irradiation unit has doubled irradiation capacity. The new salt bath unit, the company’s third, has increased capacity by 170 percent. This will enable PEF to meet the growing demands of the markets it currently serves and to export products to China as well. The investment also will allow the division to supply unique products to industrial markets. Toray anticipates that the expansion will create 30 jobs. (News release)
PEOPLE
Woodward S. Bousquet, professor of environmental studies and biology at Shenandoah University, has been named president of the Virginia Academy of Science. He will serve until May 2019. (News release)
VIRGINIA BUSINESS 11
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