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An update on Eagle Village development plans, leasing activity
Eagle Village is the new, state-of-the-art student apartment complex at University of Mary Washington.
FILE/THE FREE LANCE-STAR
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Date published: 9/21/2011
UMW Foundation CEO Jeff Rountree was the featured speaker at a meeting organized by the city's Department of Economic Development and Tourism and held at the offices of the Fredericksburg Regional Chamber of Commerce.
Rountree updated the group on the foundation's plans for a new connector road between Eagle Village and Mary Washington Hospital and a hotel. He also talked about leasing at Eagle Village and plans for a new campus center on UMW's Fredericksburg campus.
Contractor bids for the connector road are due Sept. 27. Rountree hopes construction will start by mid-October and be done in January. He said part of the "Grand Canyon of Fredericksburg" between Eagle Village and Mary Washington Hospital will be filled in for the road rather than doing a bridge.
There will be an area for pedestrians and bicyclists, and the speed limit for vehicles will be between 5-15 mph with speed humps to slow traffic. Rountree said he thinks the physical connection to Mary Washington Hospital will help the retailers at Eagle Village.
The foundation is now doing preliminary design for its $14 million, roughly 96-room Eagle Village hotel, which will be financed by Cardinal Bank and built between the Giant grocery store and extension road. The retail space there now will be torn down, probably sometime in November.
Rountree said the foundation has targeted a hotel brand but is not ready to announce the name because discussions are ongoing. He said the announcement could come in a month or so. It will be a "select-service" hotel like a Hilton Garden Inn or Courtyard by Marriott, but it won't be either of those two brands.