Sunday, April 17, 2011

Jim Justice Talks About Paying Top Dollar For Albemarle County Acreage

The owner of the Greenbrier Resort in West Virginia paid $23.75 M for 4,500 acres, or $5,278/acre, which MeadWestvaco Corp. had finished using for timber harvesting.  At issue:  What's he going to do with it?  It has constrained development potential and it's in the "viewshed" of one of the United States' most sacred cradles of democracy: Monticello.

Jim Justice says,
Read the whole story at Charlottesville Tomorrow. 

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