“Some developers are also seeing an opportunity.
Developer Katurah Roell announced at the event that his company Town Properties is moving forward with building 37,500 square feet of office and research space on Roosevelt Brown Boulevard within walking distance of the University of Virginia Medical Center.
“We became aware that there was a need for space here in town near the university,” Roell said. “Companies had talked to me about spaces that they might need.”
Roell said he is able to advance the project because he does not need a rezoning or any design review. He added that the SoHo Technology Center already has two tenants lined up and construction is slated to begin next year.”