Tuesday, February 02, 2010

Development updates along Central Avenue, from the Merry Oaks newsletter

The following development report is from Nancy Pierce, neighborhood advocate for Merry Oaks, in the winter newsletter:

The Renfrow property at 3200 block of Central Ave., across from Briar Creek Road intersection: The former Renfrow property, 8.9 acres across Briar Creek Road from Central Avenue, is being held after foreclosure by New Dominion Bank. A bank spokesman says there is an interested purchaser, but he can’t reveal who that entity is. The orange-ribbon wrapped trees are part of the land survey process. Basically, the potential buyer is ascertaining how many trees would have to be saved under the City tree save ordinance (not many). The property is zoned for apartments. Given the current economic situation, development is unlikely any time soon.

The Vyne at 3220 Central Ave.: The developer of the Vyne on Central at Briar Creek is out of business, like many other developers. Underground infrastructure is in for Phase Two (you can see the pipes) but plans for Phase Two are off.

Birchcroft Apartments at 3143 Central Ave.: Some Merry Oaks homes on Cosby back up to the Birchcroft Apartments on Central Avenue.
In October 2008, Birchcroft was sold to a real estate investment group identified by property management as “Alpha Atlantic Company” in Florida. It is being managed by LoMax properties in Greensboro (336-275-6212). Office manager on site during business hours is Kim at 704 536 3520.

Image from Google Maps, showing the intersection of Briar Creek Road and Central Avenue. Birchcroft is on the left on the north side of Central Avenue; the Renfrow property is immediately to the right of it. The Vyne development is not shown in the aerial. It is on the southwest corner of the intersection.

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