Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: WEDNESDAY, June 8, 1994 TAG: 9406080084
SECTION: BUSINESS PAGE: C8 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
Two subdivisions totaling 48 lots were recommended for development by the Botetourt County Planning Commission on Monday.
Stevens Farm subdivision, with 11 lots from 21/2 to 18 acres near Virginia 665 and Virginia 712 in the Amsterdam district, is being developed by Sybil Hundley and J. Dan Stevens.
Planners also gave preliminary approval to the Diamond Crest Hills, near U.S. 220 and Virginia 606 in Mill Creek, north of Troutville. Developer Edna Sifford plans to build the 37-lot subdivision in sections, with lots ranging from 11/2 to 8 acres.
Botetourt officials estimate the county has in excess of 1,000 lots approved and available for building.
|-Staff report
Building, 6 parcels
in foreclosure sale
A Roanoke building once occupied by athletic-equipment and toy distributors is scheduled to be sold at a foreclosure auction at 2:30 p.m. June 15.
The property includes a building on the east side of Franklin Road between Reserve Avenue and McClanahan Street Southwest and six parcels of land. The building was first occupied by Graves-Humphreys, a supplier of athletic equipment. It subsequently was used by Jennings-Shepherd, a toy wholesaler. Roanoke lawyer and trustee for the sale William W. Terry III said the building is occupied now by four or five smaller tenants.
The present owner is Triple S Realty Co., which, Terry said, is an enterprise of the Shepherd brothers.
NationsBank is foreclosing on the loan, he said. NationsBank originally had a deed of trust for $360,000, but Terry declined to state the amount now owed.
|-Staff report
Briefly ...
Cooper Industries Inc., Houston parent of the Crouse-Hinds electrical products plant in Roanoke, has sold its Cameron Forged Products Co. to Wyman-Gordon Co., a Massachusetts maker of castings and composite products for the aerospace industry, for 16.5 million shares of Wyman-Gordon common stock plus $5 million.
Avis Construction Co. Inc. of Roanoke has been rated 33rd among the 100 largest contractors of metal buildings. The ranking, by Metal Construction News, a trade publication, credited the company with the purchase in 1993 of 1,567 tons of steel pre-engineered building components.
by CNB