Grandmarc at the Corner: Difference between revisions
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'''Grandmarc at the Corner''' is a student housing development on 14th Street in [[Charlottesville]]. Its development is part of a trend towards luxury apartment complexes targeted to [[University of Virginia]] students. <ref>{{cite-progress|title=Recent housing developments courting UVa students|url=http://www.dailyprogress.com/news/local/uva/recent-housing-developments-courting-uva-students/article_ac9be840-1283-11e3-8a5e-001a4bcf6878.html|author=Derek Quizon|pageno=|printdate=|publishdate=August 31, 2013|accessdate=September 3, 2013|cturl=}}</ref> | '''Grandmarc at the Corner''' is a student housing development on 14th Street in [[Charlottesville]]. Its development is part of a trend towards luxury apartment complexes targeted to [[University of Virginia]] students. <ref>{{cite-progress|title=Recent housing developments courting UVa students|url=http://www.dailyprogress.com/news/local/uva/recent-housing-developments-courting-uva-students/article_ac9be840-1283-11e3-8a5e-001a4bcf6878.html|author=Derek Quizon|pageno=|printdate=|publishdate=August 31, 2013|accessdate=September 3, 2013|cturl=}}</ref> | ||
As of September 30, 2010, The Grandmarc was 90.8% occupied at an average monthly rental rate per bed of approximately $670.<ref name=":0">{{Cite web|url=https://www.nbcnews.com/id/wbna39828941|title=Education Realty Trust Repositions Portfolio, Acquires 641-Bed Property at the University of Virginia|last=|first=|publishdate=October 25, 2010|publisher=Globe Newswire|archive-url=https://web.archive.org/web/20210819154902/https://www.nbcnews.com/id/wbna39828941|archive-date=2021-08-19|dead-url=|accessdate=2022-06-01}}</ref> | |||
{{Infobox Development|name=Grandmarc at the Corner|location=301 15th St NW|use_type=Apartments|acres=3.7 acres|floor_area=|height=|stories=5|units_residential=641 beds (224 or 241 units)|parking=structured|year_rezoned=2005|construction_complete=2007|owner=Greystar}} | |||
== Timeline == | == Timeline == | ||
* 1999: Parcels first purchased by Pavilion, LLC<ref name=":1">{{Cite-cville|url=https://www.c-ville.com/GrandMarc_apartments_near_UVA_Corner_sell_for_455_million/|title=GrandMarc apartments near UVA, Corner sell for $45.5 million|author=Brendan Fitzgerald|date=October 25, 2010|accessdate=2022-06-01}}</ref> | |||
* July 12, 2005: Site plan approval by the [[Charlottesville Planning Commission|Planning Commission]]<ref>{{Cite web|url=http://weblink.charlottesville.org/public/0/edoc/794848/PC_M_07-12-2005.pdf|title=July 12, 2005 Charlottesville Planning Commission Minutes|last=|first=|publishdate=July 12, 2005|publisher=City of Charlottesville|archive-url=https://web.archive.org/web/20220530214237/http://weblink.charlottesville.org/public/0/edoc/794848/PC_M_07-12-2005.pdf|archive-date=2022-05-30|dead-url=|accessdate=2022-05-30}}</ref> | * July 12, 2005: Site plan approval by the [[Charlottesville Planning Commission|Planning Commission]]<ref>{{Cite web|url=http://weblink.charlottesville.org/public/0/edoc/794848/PC_M_07-12-2005.pdf|title=July 12, 2005 Charlottesville Planning Commission Minutes|last=|first=|publishdate=July 12, 2005|publisher=City of Charlottesville|archive-url=https://web.archive.org/web/20220530214237/http://weblink.charlottesville.org/public/0/edoc/794848/PC_M_07-12-2005.pdf|archive-date=2022-05-30|dead-url=|accessdate=2022-05-30}}</ref> | ||
* November 2005: Site plan approved administratively<ref>{{Cite web|url=http://weblink.charlottesville.org/public/0/edoc/794851/PC_M_12-13-2005.pdf|title=December 13, 2005 Charlottesville Planning Commission Minutes|last=|first=|publishdate=December 13, 2005|publisher=City of Charlottesville|archive-url=|archive-date=2022-05-30|dead-url=|accessdate=2022-05-30}}</ref> | * November 2005: Site plan approved administratively<ref>{{Cite web|url=http://weblink.charlottesville.org/public/0/edoc/794851/PC_M_12-13-2005.pdf|title=December 13, 2005 Charlottesville Planning Commission Minutes|last=|first=|publishdate=December 13, 2005|publisher=City of Charlottesville|archive-url=|archive-date=2022-05-30|dead-url=|accessdate=2022-05-30}}</ref> | ||
* October 25, 2010: Sold to [[Education Realty Trust]] for $45.5 million.<ref name=":0" /><ref name=":1" /> EdR was later acquired by [[Greystar]] in 2018.<ref>{{Cite web|url=https://www.greystar.com/about-greystar/newsroom/greystar-announces-completion-of-edr-acquisition|title=Greystar Announces Completion of $4.6 Billion EdR Acquisition|last=|first=|publishdate=|publisher=Greystar|archive-url=|archive-date=|dead-url=|accessdate=2022-06-01}}</ref> | |||
==Map== | ==Map== |
Revision as of 17:28, 1 June 2022
Grandmarc at the Corner is a student housing development on 14th Street in Charlottesville. Its development is part of a trend towards luxury apartment complexes targeted to University of Virginia students. [1]
As of September 30, 2010, The Grandmarc was 90.8% occupied at an average monthly rental rate per bed of approximately $670.[2]
Grandmarc at the Corner | ||
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301 15th St NW
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Use Type | Apartments | |
Lot Size | 3.7 acres | |
Stories | 5 | |
Residential units | 641 beds (224 or 241 units) | |
Parking | structured | |
Owner | Greystar | |
Date Approved | 2005 | |
Construction Completed | 2007 |
Timeline
- 1999: Parcels first purchased by Pavilion, LLC[3]
- July 12, 2005: Site plan approval by the Planning Commission[4]
- November 2005: Site plan approved administratively[5]
- October 25, 2010: Sold to Education Realty Trust for $45.5 million.[2][3] EdR was later acquired by Greystar in 2018.[6]
Map
Coordinates: 38°02′14″N 78°29′56″W / 38.037302°N 78.498973°W
References
- ↑ Web. Recent housing developments courting UVa students, Derek Quizon, Daily Progress, Lee Enterprises, August 31, 2013, retrieved September 3, 2013.
- ↑ 2.0 2.1 Web. Education Realty Trust Repositions Portfolio, Acquires 641-Bed Property at the University of Virginia, Globe Newswire, October 25, 2010, retrieved 2022-06-01.
- ↑ 3.0 3.1 Web. GrandMarc apartments near UVA, Corner sell for $45.5 million, Brendan Fitzgerald, C-VILLE Weekly, Portico Publications, October 25, 2010, retrieved 2022-06-01.
- ↑ Web. July 12, 2005 Charlottesville Planning Commission Minutes, City of Charlottesville, July 12, 2005, retrieved 2022-05-30.
- ↑ Web. December 13, 2005 Charlottesville Planning Commission Minutes, City of Charlottesville, December 13, 2005, retrieved 2022-05-30.
- ↑ Web. Greystar Announces Completion of $4.6 Billion EdR Acquisition, Greystar, retrieved 2022-06-01.
External Links
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