UPDATE : June 2010
The city of Newport News is cutting ties with L.M. Sandler and Sons, the developer of the Asheton mixed-use project, terminating an agreement for a high-end development that never got started.
The city’s Economic Development Authority announced that both parties are voluntarily voiding the Asheton development agreement.
But despite the city and Virginia Beach-based L.M. Sandler and Sons signing the development agreement in 2004, not a single house was built. City officials said the economy plus the Sandlers having financial problems caused both sides to re-evaluate the plan. As for what will happen to the 436 city-owned acres, it’s up in the air. It could still be a residential development, or property could be saved for a new business that wants to relocate to Newport News.
Asheton is to be a master-planned community of historic proportions that celebrates life in harmony with its magnificent surroundings. Here, a new center of gravity takes shape, bringing you a masterpiece lifestyle in perfect balance with nature, the environment, and the history of the land. We bring you a place filled with beautiful homes in old-fashioned neighborhoods, featuring every modern comfort, world-class amenities and incomparable conveniences. And we bring you a place that fosters a keen sense of community and a strong connection to the past.
Asheton is not just a new place to live. It’s authentic. It’s real. It’s home.
A choice of luxury single-family, estate homes, townhomes, condominiums, and apartment homes
Diverse streetscapes featuring vintage Virginia architecture
Historic Newport News location
Full-service retail centers, restaurants and conveniences
Medical and professional office space
Neighborhood parks, nature trails and tree-lined sidewalks
Year-round calendar of community events
Community clubhouse and gathering places
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