City of
Charlottesville
“The Charlottesville City Council approved a resolution
Monday night to add the Strategic Investment Area to the city’s Comprehensive
Plan, a move city officials hope will sharpen the idea’s focus. The council
approved the resolution 4-1, with Councilor Bob Fenwick being the only no vote.
Councilors added language to the resolution to ensure that the move would not
keep the city from changing parts of the investment area in the future.
The 330-acre Strategic Investment Area is expected to add
1,300 homes, attract $300 million in investment and bring in $3 million in tax
revenue to the city, officials said. The area’s borders are Avon Street,
Elliott Avenue, Ridge Street and the railroad tracks north of Garrett Street,
said Jim Tolbert, director of Neighborhood Development Services.
The Strategic Investment Area plan includes redeveloping
public and low-income housing developments on Sixth Street at Friendship Court
and Crescent Hall. City officials have pledged one-to-one replacement of public
and low-income housing units in the area.”
~Writes Aaron Richardson of the Daily Progress
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