Construction of Waverly Place Apartments in the town of Louisa is advancing quickly. The activity is generating interest from residents about the type of community planned and the rental rates it will command.
For nearly four years, Denise Etheridge Lacour, president of Dencio Development in Charlottesville, worked with the Town of Louisa Planning Commission, Louisa Industrial Development Association and the Louisa Town Council on the development of the complex.
After a June 4 groundbreaking ceremony at the site, workers began to bring in heavy equipment and materials while steadily bringing the architectural plans to life. Architect Raymond E. Gaines, of The Gaines Group, in Charlottesville, was hired to bring about the vision of the apartment buildings.
Lacour said she is pleased with what they are doing in Louisa and assures Louisa County residents that the apartments will not be subsidized, even though it is a HUD insured project.
The luxury-apartment community will feature 78 units and offers renters the choice of one or two-bedroom apartments and a two-bedroom with a den option. Rents will range from $835 to $1,060. Lacour said there would be credit and criminal checks of applicants.
To read the entire story, see the Nov. 7 edition of The Central Virginian.