March 2009 Archives

In case you are wondering about the status at our neighboring Selma development:

The economic downturn has some developers feeling the pain. Selma Estates, LLC (An Edgemoore limited liability company) filed for Chapter 11 in November of last year. The company has stopped work on the Historic Selma property. Winchester Homes continues its new construction work and has about six lots left under an agreement with Edgemoore.

A Winchester VP said:

while the work stoppage has required Winchester to answer some challenging questions from visitors at the model home, the sales activity at Selma by his company continues.

(The above was recently reported in The Loudoun Newsletter published semi-monthly by Virginia Newsletters LLC.)