County to consider purchase of bank building

The Louisa County Board of Supervisors discussed on Monday whether to buy this building in the Louisa Industrial Air Park, currently owned by Blue Ridge Bank, to help the county meets its growing space needs.

The Louisa County Board of Supervisors is considering making a bid to buy an office building in the Louisa Industrial Air Park that once housed the headquarters for the former Virginia Community Bank, now Blue Ridge Bank. 

The county continues to grapple with limited space for offices and storage, even after recent moves to expand in the medical services building on Woolfolk Avenue and buying property for the general services department on Industrial Drive.

One of the factors driving the interest in the bank building is that the Louisa County Health Department’s lease of its trailer next to the Betty J. Queen Intergenerational Center will soon be up for renewal.

The health department has expressed an interest in a more permanent location rather than the mobile unit they have been using for the past decade. If the county buys the bank building, it would allow for greater space for both the health and social services departments. The county is also interested in an adjacent parcel, also owned by the bank, that would allow for future expansion. 

Even though the health department is already located in the industrial park, Supervisor Tommy Barlow (Mountain Road) is concerned residents may not be able to find the new location.

“One of the options we could look at is ways we can shift things around over a longer term to bring them [the health department] back to this area to alleviate the concern,” County Administrator Christian Goodwin said in response to Barlow’s concern. The health department was located in the medical services building until it moved to Industrial Drive a decade ago, displacing a skate park.

According to The Richmond Times Dispatch, Blue Ridge Bank is hoping to merge with Fairfax-based FVCBankcorp Inc. to become the fourth-largest Virginia based bank. This would be the third merger for the bank within four years, after joining with Virginia Community Bank in 2018 and with BayBanks of Virginia earlier in 2021.

Louisa County property records show the 5.4-acre parcel and bank building assessed at roughly $1.8 million. The adjacent parcel of three acres is assessed at $172,400. 

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