Danville, VA's historic homes and Tobacco Warehouses are changing to commercial spaces and lofts

By
Real Estate Broker/Owner with The Perry Henderson Group at Berkshire Hathaway Texas Realty 520870
There are many historic homes and Tobacco Warehouses in Danville, VA. This area was critical to the civil war as a major weapons manufacturing center, shipping port for Tobacco and Cotton and the Rail way to the West. There was a major Uranium strike nearby so the economy is starting to become a boom town to supporting industries.

If you are interested in searching for a warehouse in Danville, VA, TX , the Live Well Team knows what it takes to buy and renovate them into lofts and commercial mixed use projects. click here to begin your search.

Comments (3)

Anonymous
Anonymous

The tobacco warehouses are AWESOME. The economy is not so good. There is a group of five good old boys called "The Banker Boys" who pretty much control the city, award the contracts and tell people what will and won't be allowed. As a result the economy is stifled. The Banker Boys sold the hospital and in the years since, it's on the worst hospitals in the country list for mortality, pregnancy and cardiac. Duke pulled its doctors and support out of it and it's got a long road to travel to be a decent facility. The auto dealers have quit advertising with the local paper and the realtors are considering doing the same. While there is a lot of unemployment, those who could work can't pass the drug tests. And - gangs are an issue - even though the city and paper say they're not, check the number of shootings in a week - and the murder rate. Pretty high for a town of 60,000.

BackyYard Burgers just closed. Home Depot is considering moving out...and they just opened less than a year ago! If you want to invest....do so, but realize it may take some time to recoup your investment. If you have the money to buy and rennovate without dealing with the local bankers - then go for it. But be aware that Danville has a lot of politicking going on.

Dec 31, 2008 03:40 PM
#1
Anonymous
anonymous
About this "uranium strike," Danville is keenly aware the uranium issue has been intensely divisive in this community. It's uranium exploration, but the state has a moratorium on uranium mining at this time. Many residents do not want any company to mine radioactive ore from what would be a very, very large open pit that would operate for decades and also likely include a proposed mill (which would eventually have to be decommissioned and some mill sites are now SuperFund sites). So many in Danville are asking if short-term gains are worth all the horrific long-term consequences and financial expenses (any mine waste would have to be monitored FOREVER, so it's not a win-win for future generations.
Jan 01, 2009 12:15 AM
#2
Betina Foreman
WJK Realty - Austin, TX
Realtor, C.N.E., with WJK REALTY
Dear Perry, Cool clip. Back in the 1980's I lived in a true loft in downtown Houston. It was the Erath Speaker warehouse (previously a paint company) downtown. Lord only knows what it was when it was originally built in early 1900's. Whe I left Houston there was a coffee shop going in on the ground floor and the lofts were all being redone and sold for top dollar. I loved living there because I was truely living downtown. The space was huge and open and I had a view of downtown from up close! I could walk one block to Last Concert or three blocks to the original Ninfa's resturaunt. I could skate four blocks to the Alley Theater or any number of cool nightclubs. I totally loved it! Thanks for reminding me of how fun it was. I hope 2009 is good to you! See you soon! Betina
Jan 01, 2009 05:56 AM