Neighborhoods Advisory Group

Neighborhoods Advisory Group
Arena Trailer Conference Room
September 30, 2005

Three guest speakers attended the meeting. Highlights of their presentations are noted below.

Tim Rose, Chief Executive Officer of the U.Va. Foundation, explained that the Foundation is similar to other University-related foundations. Its main focus is real estate (85% with 15% financial). The Foundation owns property such as the Guaranty Bank building and the building behind the former Papa John’s on Main Street, called the Core Lab, and has recently purchased University Forum Apartments behind the 7-11 on Ivy Road.

The Foundation banks land for future use. Banked land that the Foundation now owns includes the Chevron station, the Italian Villa and the Cavalier Inn. Additionally, the Foundation owns and manages the Boars Head Inn and Birdwood Golf Course. Fontaine Research Park and the Research Park on North 29 are also properties of the Foundation. There are 13 buildings between the two parks with over 2,000 employees.The Research Park off of 29 North has 560 acres and 200 acres will not be touched. All of the tenants in the park are research-related.

For the key points covered by Tim Rose, please see

Rebecca White, U.Va.’s Parking and Transportation Director, provided an update on the upcoming Rolling Stones concert and discussed the logistics associated with staging the event.

David J. Neuman, Architect for the University, briefed attendees on projects including the hospital expansion and renovation project, the new arts center, recreation center expansion, Wilsdorf Hall project, refurbishing of Fayerweather Hall, Cocke Hall renovation project, and the South Lawn Project. Mr. Neuman also spoke about the difficulty in finding a contractor to put a foundation under the recently moved Varsity Hall.

Mr. Neuman explained that, while neither the Graduate Business nor Law Schools have plans to expand, the Judge Advocate General’s Legal Center and School does plan an expansion. An architect will be selected soon for the $35 million project. It is scheduled to be completed in 2012.

Mr. Neuman also discussed the addition of 120 new beds at Hereford College and another 140 new beds on the uphill side of Alderman Road dormitories. The construction of these two residence halls, when complete, will allow for the first phase of demolition and reconstruction of older residence halls. This construction will be part of a full, long-term build-out of the complex. Construction is slated to begin in October 2006 and be completed in fall 2008.

In total, more than $1 billion in projects are currently being planned or are in progress.

For more information on David Neuman’s presentation, please see