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  • psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @ 757-254-813
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    5524 Pennington Place

    5524 Pennington Place

    5524 Pennington Place

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Construction moving along at Settlers Market in Williamsburg

Construction crews are busy at work on the Settlers Market shopping center in James City County. Once complete it  will feature 250,000 square feet of retail space along with an adjoining residential component located along Settlers Market Boulevard adjacent to the center.

Construction crews are busy at work on the Settlers Market shopping center in James City County. Once complete it  will feature 250,000 square feet of retail space along with an adjoining residential component located along Settlers Market Boulevard adjacent to the center.

At this point a Spring 2013 opening is planned for the new Stein Mart, HomeGoods ,ULTA Michaels,Dress Barn, Five Below and Shoe Carnival stores.

They will join the existing Trader Joes, Bakers Crust, AT&T,Sleepy’s Long & Foster Real Estate, BB&T Bank as well as a “Wal Mart Neighborhood Market” grocery store that is on track to start construction soon.

The center is being developed by FCP and its partner, Westmoreland Partners,who are represented in retail leasing by the Norfolk office of The Shopping Center Group.

 

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Settlers Market  was acquired by Federal Capital Partners and Westmoreland Partners earlier this year for $13.25 million from Union Bank who foreclosed on the property in Feb 2011

The original owner/ developer was AIG Baker who had originally obtained a $55.5 million note to develop the property with a 350,000-square-foot combination of upscale retail, office and residential space. AIG Baker’s plans  ground to a halt in 2008 with the downturn in the economy

Settlers Market is located at the intersection of Rt 199 and Monticello Avenue and is the gateway for the New Town Master Plan Development Corridor.

The acquisition was the second FCP transaction with Howard Biel and Drew Gorman of WML since the company announced an alliance with the retail veterans in fall 2010. The alliance focuses on purchasing development and redevelopment opportunities, notes on troubled assets and existing income-producing retail assets throughout the Mid-Atlantic.
"Settler’s Market … was in need of a new owner, developer, capital and vision to complete the center," said FCP Managing Partner, Esko Korhonen. "We had the opportunity to purchase the site at a significant discount to in-place cost and will be working closely with representative agencies of James City County and the New Town Associates Design and Review Board to revisit the current site plan so that the project can maximize its potential."

Read more about New Town here

 

settlers market siteplan

Psst. I’m a real estate agent…

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This post is brought to you by local resident and REALTOR, John Womeldorf, known around town as “Mr. Williamsburg” because of his extensive knowledge of the Williamsburg/Hampton Roads area and its real estate market. If you are relocating, retiring, seeking a vacation home, or simply curious about homes and neighborhoods in the Williamsburg/Hampton Roads area, John is happy to help. Click here to send him an email, or call him at 757-254-8136.  

Neighborhood Orientation Tours

Are the schools good? How is the traffic? Can you hear planes from nearby airports? Where is the closest grocery store?

It can be daunting to get all the information you need to choose not only the right house, but also the right neighborhood. Schedule one of John’s Neighborhood Orientation tours of communities in the Williamsburg/Hampton Roads area to get such essentials as:

home prices – shopping centers – military bases – recreational facilities – public and private schools – public transportation – aircraft/traffic noise – high potential accident zones – flood zones – playgrounds – major traffic patterns and commute times

Click here to email John about arranging a tour, or call him at 757-254-8136.  

Are You A Military Family?

PCS’ing to Williamsburg/Hampton Roads ? the area is home to many military families. John is experienced in helping them with the unique issues raised by frequent relocations, and he understands the kind of support team it takes to make smooth transitions both into and out of the area. Click here to email John about your needs and concerns, or call him at 757-254-8136.  

Specific Needs Properties

Active Adults/55+ Communities, Golfing Communities, Building Lots, Foreclosure/REO Properties, Townhomes, Condominiums, Waterfront, Walk able, Horse Properties and more….

If you have a specific type of property in mind, John can help you find it. For assistance in unearthing just the right property in the Williamsburg/Hampton Road area, click here to contact John by email, or call him at 757-254-8136.

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