Jefferson Scholars buys property slated for 64 apartments near UVA
An entity associated with the Jefferson Scholars Foundation has spent $4.3 million to buy six properties near Scott Stadium that had been planned for construction of a 64 unit apartment complex on 1.59 acres.
Maury Holdings LLC paid 253.8 percent over the 2022 assessment to buy the properties, five of which are undeveloped. A historic structure built in 1911 is on the fifth.
The Jefferson Scholars Foundation is located across the street about a tenth of the mile from the site. Directly across Maury Avenue from this site is the Cavalier Court Apartment complex that was built in 1963.
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