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Business Insider

Lindley Estes is a business writer for The Free Lance-Star and This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Cobblestone Square nears a start date

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The long-stalled Cobblestone Square project in Fredericksburg is about to make a comeback. Project owner Home Properties Inc. will meet tonight with residents of the community off Lafayette Boulevard to update them on plans for the construction of eight apartment buildings and the renovation of the old rail depot building there. Michael Eastwood, vice president for development at the real estate investment trust, said the project’s contractors are waiting on the city to issue final building permits, which should occur within a week or so. Work on the depot building would then begin almost immediately. Eastwood said work on the apartment buildings could begin March 7. 

The project, which follows a national trend of investments in the apartment market, has the potential to bring hundreds of people within walking distance of downtown Fredericksburg’s central business district — which is music to the ears of its many merchants and restaurateurs.

Click here for background on the project.

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