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Plans to Transform Fort Magruder Hotel into Affordable Housing

The Fort Magruder Hotel is set to undergo significant renovations to create affordable housing options.

News Summary

Conserve Holdings has proposed an ambitious redevelopment plan for the historic Fort Magruder Hotel in James City County, aiming to convert the hotel into 126 apartments and 32,000 square feet of commercial space. With a focus on affordable housing, 40% of the new apartments will cater to lower-income residents. The county’s planning commission has shown strong support for the project, highlighting the need for affordable living options in the area while preserving the site’s historical significance.

Exciting New Plans for Fort Magruder Hotel in James City County!

James City County is buzzing with excitement as Conserve Holdings, a property management company from New Jersey, has proposed an ambitious plan that could breathe new life into the historic Fort Magruder Hotel and Conference Center! This beloved local landmark, located at 6945 Pocahontas Trail, is poised for an incredible transformation.

Renovation Proposal Details

Conserve Holdings is seeking to get the green light from the Board of Supervisors to rezone the property. What exactly do they have in mind? The hotel’s 303 guest rooms would be turned into a cozy 126 apartments, perfect for those looking for affordable options in this bustling area. But that’s not all! The plan also includes creating a whopping 32,000 square feet of commercial space within the property’s conference center, which could mean more shopping, dining, and employment opportunities for residents.

Affordable Housing Focus

A significant aspect of the redevelopment is its focus on affordable housing. Approximately 40% of the new apartments will be made available to renters who meet specific income thresholds. This initiative aims to support those working hard in the county’s service and hospitality sectors, as affordable housing has become a priority for local policymakers.

Conserve Holdings is no stranger to the area; they already own and manage the Grand Village at Williamsburg, which is conveniently located right next to the Fort Magruder Hotel. With community needs in mind, the company is committed to creating a sustainable living environment.

Community Support

The good news doesn’t stop here! The county’s planning commission has unanimously recommended approval of the rezoning application on April 2, showing strong support for this redevelopment initiative. The Board of Supervisors is set to take a closer look at the proposal on May 13, and many locals are hopeful for its approval.

As local housing continues to be a hot topic, the James City County Office of Housing is also stepping up to assist residents. They will host a forum called “Housing for All: A Community Conversation” on April 30. This event aims to connect renters with landlords and share essential housing resources, making it easier for everyone to feel at home.

Understanding the Affordable Housing Plans

In this new renovation plan, 52 affordable units are being included, designed with a tiered rental structure based on the area median income (AMI) of $106,500 annually for a family of four in the Hampton Roads area. Specifically, 21 units will be set for renters at 60% of the AMI, 18 units at 80%, and 13 units for those making 120% or less of the AMI. The remaining 74 apartments will be available at market rates, ensuring that the project can cater to a diverse range of incomes.

However, not everyone is convinced. Some community members have raised concerns about income limits for the affordable units, fearing that they may inadvertently exclude lower-income residents crucial to the local hospitality industry. This has become a vital issue, as comments from local teachers indicate that finding affordable housing in Williamsburg has also been a significant challenge for them.

Preserving History

A noteworthy part of the redevelopment proposal is its commitment to preserving Redoubt 3, an important historical feature located in the hotel’s courtyard. This earthen fortification played a critical role during the Civil War and is one of 14 built in the region. Redoubt 3 is a reminder of the area’s deep historical roots, specifically from the Battle of Williamsburg that occurred on May 5, 1862, which had a lasting impact on the community.

While the significance of the hotel and its history is acknowledged, officials from the Williamsburg Battlefield Association have chosen not to comment on the redevelopment plans. The community awaits to see how this vital piece of local history will fit into the plans for a bright and inclusive future.