Charlottesville Breaking News
Almost five months after the University of Virginia reeled from the brutal murder of one of its own, an air of mourning still pervades the Lawn. Columns of the Rotunda are clad in black veils on one end, and on the other, a preponderance of black-clad students, faculty, and staff stream into Old Cabell Hall for the start of the university's Day of Dialogue: Toward a Caring Community.
The soon-to-vacated North Downtown campus of Martha Jefferson Hospital has been sold to the developer of the Gleason condo complex with a price–- $6.5 million–- that appears smaller than other downtown deals. But a pair of local investors don't smell any sweetheart dealing.
"It does sound cheap," says realtor Roger Voisinet. "But on the other hand, there are some daunting expenses to convert it."
Voisinet notes that making it an assisted-living facility would probably entail the lowest conversion cost, but he wasn't sure whether there's a market for another one of those in town. And Developer Richard Spurzem notes that just holding such a mammoth place can chew up resources.
"It's a huge amount of land," says Spurzem. "You gotta heat it and keep security when it's vacant."
The buyer, Octagon Partners, appears to be getting 8.113...
Oliver Kuttner, the Charlottesville real estate developer turned automotive developer, has won the $5 million top prize in the Progressive Automotive X Prize, it was announced Thursday morning, September 16. His Edison2 team's winning vehicle, a four-seater called the Very Light Car, reportedly gets 102 miles per gallon of fuel and could, Kuttner hopes, reshape the automotive industry.
Kuttner's quest was the subject of the Hook’s June 17 cover story.
Accolades have begun streaming in. There was a celebratory party hosted by Arianna Huffington, House Speaker Nancy Pelosi spoke at the September 16 victory ceremony held outside the Historical Society of Washington D....
The recent news that embattled Bel Rio owner Jim Baldi has disappeared and left authorities in hot pursuit over allegedly widespread financial shenanigans comes as no shock to Tom Fussell. The owner of the now defunct Bohšme restaurant on East Market Street, Fussell blames Baldi for Boheme's failure and contends that had authorities arrested Baldi in 2008, the ensuing Bel Rio debacle might never have happened.