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Welcome! This blog tracks the real estate market in the Central Shenandoah Valley, featuring market data and analysis, an exploration of common buying and selling questions, and candid commentary on all things real estate.

If you are interested in discussing any of the topics on this blog, or the details of your specific real estate situation, call or e-mail me!

Urban Exchange


Urban Exchange floor plans available
If you have been following the development of Urban Exchange in downtown Harrisonburg, you may want to check out the floor plans for the condos that have just been released. 

Urban Exchange sample floor plan

The project will include 192 studio, 1-BR, 2-BR and 3-BR condos in two towers.  The apartments in the East Tower are available for rent.  The condos in the West Tower are available for sale.

Find out more at LIVEUE.com.
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New Urban Exchange renderings available!
Several new renderings of Urban Exchange are now available at www.LIVEUE.com.

Urban Exchange

Structured parking at Urban Exchange
As you can see below, or in the complete set of June 2008 Urban Exchange construction photos, the lowest floor of structured parking has been mostly completed, and prep work for the second level is beginning.

This project, 194 condos and apartments and 12,000 SF of retail space in downtown Harrisonburg, is slated for completion in the summer of 2009.  Pricing and floor plans will be available in the near future.

Urban Exchange - June 2008

Click the photo above, or here, to see the latest construction photos.

Urban Exchange - Done Digging, Now Building UP!
After MANY weeks of digging down (down, down, down), the foundation for Urban Exchange is finally coming up out of the ground!

Urban Exchange - foundation coming up out of the ground!

For those of you who are not familiar with the project, Urban Exchange is a new construction project in downtown Harrisonburg to feature condos, apartments and retail space.

Check out more photos of the construction process here!

Digging Deep --- Harrisonburg's Downtown Condos
I am delighted to be a part of marketing and selling the Urban Exchange project --- an exciting new construction project in downtown Harrisonburg featuring retail space on the first floor and almost 200 apartments and condos

The photo below shows the excavation progress (these aren't just really deep footers, there will be two levels of underground covered parking).  See more photos of the progress by clicking here.

Urban Exchange - Excavation for Harrisonburg's Downtown Condos

Downtown Sewer & Gas Lines

Yesterday's issue of the Daily News Record included a letter to the editor from Dr. Bob Alotta commenting on the "local rock blasting" taking place at Urban Exchange -- or, as Dr. Alotta put it, "the new luxury condominiums on East Market Street."  (the site of the demolition is pictured below)

Urban Exchange demolition

Dr. Alotta (intentionally or unintentionally) makes a few false implications:

1.  Dr. Alotta states that "Since work began on this project, the water department had to replace three sections of sewer line in the middle of Newman Avenue..." 

I guess, technically, this is true, if you consider the start of Urban Exchange when the developers started making plans for the site . . . and if you don't assume (as many did) that the sewer line replacements were a result of the Urban Exchange project. 

In fact --- the sewer line replacements were not and are not being made to allow for the development of the Urban Exchange project. 

(Source: Marilyn, at Harrisonburg Water & Sewer, 540-434-9959)

2.  Dr. Alotta goes on to say that "A gas line was also ruptured." and that "...the city shouldn't have to absorb the cost of repairs..." that the builder should. 

I am not aware of a gas line rupturing --- but as the Urban Exchange demolition and site work has begun, a gas line did need to be relocated that traversed the Urban Exchange property.  However, despite Dr. Alotta's assertion to the contrary, the developers did have to pay for this work --- not the city! 

(Source: The developers, who had to pay for the work)

For photos of the Urban Exchange progress, visit http://www.ueharrisonburg.com/photos

Demolition Underway at Urban Exchange
Have you driven by Market Street, Mason Street or Water Street lately?  Here's what you have been missing --- lots of demolition on the Urban Exchange site . . .

Urban Exchange

Urban Exchange will be comprised of retail space, and four floors of condos and apartments.

Urban Exchange

To see more photos, visit: http://www.ueharrisonburg.com/photos.

Condos Are Coming To Downtown Harrisonburg!
Urban Exchange, an exciting new mixed-use development, will be built with frontage on East Market Street and Mason Street --- within walking distance to downtown Harrisonburg and JMU campus.

Urban Exchange

The six-story structure will be comprised of (196) 1, 2 and 3 bedroom condos / apartments, as well as approximately 12,000 s.f. of retail space -- to house tenants such as a coffee shop, restaurant, and other retail operations.

These brand new, upscale units will be available both for sale or for lease. Amenities will include on-site parking, free internet and phone service, a state-of the-art fitness center, public space and an outdoor courtyard.

Demolition on the existing structures will begin this month, and the entire project will be complete by Summer 2009.

For more information about Urban Exchange, visit http://www.ueharrisonburg.com.


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