City of Roanoke
“Two dilapidated downtown Roanoke buildings are about to get
a new life after years of sitting empty. John Garland, the Roanoke developer
who revived 16 West Marketplace and First and Kirk lofts, plans to renovate the
decaying properties at 425 Campbell Ave. and 113 Norfolk Ave. into new
apartment buildings and retail spaces. Garland, a retired engineer and founder
of Spectrum Design, and his two sons, Aaron and Mark Garland, purchased the
three-story, 18,000-square-foot property on Campbell for $350,000 in November.
For an additional $1.2 million, they plan to turn it into 16 one-bedroom
apartments and four spaces that can be used for retail.
Rent will run about $695, slightly below the average price
for most downtown living quarters.
‘We are trying to keep the prices affordable,’ John Garland
said. ‘There is a lot going on in that area, which makes me excited.’ The new
apartments will be west of downtown’s core, which has been getting more
attention during Roanoke’s downtown revival in the past few years. The property
is next door to the restaurant 501 Speakeasy and down the street from Beamers
25 and its accompanying upstairs lofts. The former YMCA, which is also being
renovated, is right across the street.”
~Writes Tiffany Holland of the Roanoke Times
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