All Hokie, All the Time. Period. Presented by First Bank & Trust Company

1
1947Sunbowl OP
Nov 28, 2025 at 11:35 AM ET
New mixed use complex next to Wake Forest Football stadium. VT?
Imagine similar development next to Lane (chicken Hill), with revenue feeding athletics. Create a 365 year entertainment/ apartments condo's hotels, entertainment etc. A destination to itself. That's what the next steps evolve. Iowa State, Wake Green Bay Packers. Being on VT property, no issues with Blacksburg.

28 Replies

A
ancient alien 2018
8mo
UNC was the first to do this. Private development on campus land.
Granville Towers has been around for 3 decades. Worked well but will soon be totally refurbished. Lessened the need for new tax paid dorms. Would Blacksburg not allow this type of project? I have no clue. Haven't lived there since 1982. Hope the old heads that ran things then are long gone and a bit more progressive group making real estate/zoning decisions are in place.
B
Big12 guy
8mo
Let us not forget the recent privatization of UK's
athletic department into a for profit LLC. One of the many reasons was development and real estate. As an outsider with Lane on my bucket list, and being on the East Coast recently, I looked to see a game this year. It wasn't the cost that stopped me, it was the lack f planning because there wasn't a local place for me to book a room, walk through the tailgates, walk to the stadium, see the game, have a few drinks afterwards, and experience Blacksburg. Seriously, I would have come off the money, as I will be at the BIG championship game next weekend, and will be at the Rose Bowl this year. Traveling fans bring a lot of money with them, and maybe, if there was a place for traveling fans (including VT fans), the attendance at the basketball games would improve. I just started this year on my bucket list stadiums, and i ~plan to go to a lot of them, and some in between because of the schedules. Lane was a last second look in, and not having a place like is being discussed here, was a detriment. just my two cents.
H
hokeyhokie
8mo
Blacksburg would find some way to stop it.
R
RJHokie
8mo
They would surely lobby against it, and rightfully so as it
would likely have adverse effects on other local businesses. The local population isn’t large enough to support such a development anyway. Plus even if it’s on state property, the town provides water, sewer and storm water facilities for the campus and related facilities.
anotherdamnyankeehokie anotherdamnyankeehokie
8mo
I won't argue sewer but VT provides its own water, huge water chiller
facilities in what was part of the cage
BackInTheBurg BackInTheBurg
8mo
If you build it they will come. Not here I guess. There are stories out
there, much like Blacksburg, where *university towns* die because of the same backwards, anti-growth, dysfunctional town government—a voter base that re-elects officials that support the same, a town-gown relationship that is stressed at best, and without recovery at worst. The lack of simple amenities, doctors and services is killing what once was a wonderful town, that frequently was listed as a top place to retire. No more. The town population is not only aging, but is shrinking. It’s been very sad to watch and feels like the degradation is accelerating, especially over the last 8-10 years. ** Edited by BackInTheBurg at 11/30/2025, 12:55:12 PM
W
Windows NT
8mo
💯% "The town population is not only aging, but is shrinking"
youngones want to live life, so they move to the cities. I was one... "I'm getting the hell out of this town"
Culpeper Hokie Culpeper Hokie
8mo
Where did you get that Blacksburg is shrinking?
The 2020 population was 44,754 and the 2025 estimated population is 45,626. I don't disagree with you, though, that the town of Blacksburg and Montgomery County are not very progressive.
BackInTheBurg BackInTheBurg
8mo
Think it was an article that likely was sourcing the post-pandemic decline
Population peaked in 2021 at 45,660 and has begun to decline since. If you use a 10-year window I think the population increased maybe in the neighborhood of 5% over that period, but has certainly stagnated over the last 5-yrs in my opinion. With zero willingness to appeal to, and lack of understanding in meeting the needs of, a more diverse age group of folks by the local powers at be, it’s only going to get worse in my opinion. It will essentially be a town solely in existence to cater to the University and the student population, and that’s it. Once a community where we thought we could retire, and use it as base for travel, etc., might become a place we travel to in the fall and winter for football and basketball games a few weeks a year, from a home base that provides more of the amenities and services we’d like and need.
1
1947Sunbowl OP
8mo
Funny that is not what the state census says
The new river valley is one of the hot growth areas of the state. And at the continued rate will surpass roanoke area around 2035. So the growth is there with rhe demand for housing and evolution. Growth will come if the town agreea or not also momtrgomery county economic development not goong fo aay not in my backyard- really??
R
RJHokie
8mo
Since the pandemic housing and other costs have increased
significantly and with VT and Montgomery County being the primary large employers a lot of the area folks have been priced out. The influx of students, or non permanent residents, has caused a lot of the issues. Most of the students take jobs elsewhere because there’s not a lot of large diversified business base in the area. A lot of folks have “migrated” to Christiansburg which has a different business culture and living costs/housing is somewhat cheaper. We retired to Cburg rather than Bburg primarily because we wanted some distance between us and the university. Having lived in the Cville area most of our lives we were aware of the pitfalls of living in a college town. It does help that the Roanoke area offers access to additional medical facilities and care.
1
1947Sunbowl OP
8mo
THe issue is not gauging but higher income folks coming in
There are alot more six figure income folks coming in from DMV and other metropolitan areas, they have the disposal income, and while the price of housing is high for the locals, the new growth folks can just write a check. College towns are the new thing for folks retiring. Also, students have more disposal income, Also, "university towns are hot. (Cville, Chapel Hill even Oxford, Auburn all have the same vibe and attracting new economy. In Richmond VCU has invested in real estate in the Fan and have driven increased housing and at a higher amount and at the same time really transformed the area. You can see it with the new baseball stadium and mixed use housing entertainment venue, and VCU sports complex all included in Scot's addition. My take is if iowa city or Green Bay can invest in this, there is no reason VT can't either. THere are affordable hosuing options in not only blacksburg, but Christianburg or pulaski
1
1947Sunbowl OP
8mo
So the bigger question is a 40,000 national university need to be relocated
Virginia Tech is a billion dollar enterprise, and its portfolio dwarfs anything in any city or county in SWVA. The purpose of VT is not to be the subsidy for Blacksburg (with blacksburg rules). No 1 priority is the continued growth and national reputation in research and academic excellence of the unversity. Funny anywhere else in the COmmonwealth or nationally communities would do anything to embrace the value of major university located in its region. HOWEVER blacksburg wants to regress to another dying town you see in WV
R
RJHokie
8mo
Shows how little you know about the area.
1
1947Sunbowl OP
8mo
Its not personal, but its about change
You see other towns in the same part of the country, Boone, Ashville. they have evolved, and didnt insist on want change not to come
R
RJHokie
8mo
Asheville has a lot of issues notwithstanding
the hurricane.
H
hokeyhokie
8mo
The population would be bigger if they didn't oppose housing and local
Businesses. Anti growth putzes
R
RJHokie
8mo
Ha!
It’s a lot more complex than that.
reestuart reestuart
8mo
Blacksburg doesn’t have the population to support year round.
S
Stech
8mo
Baby Boomers are retiring and moving there, home in Blacksburg & Florida.
Nice weather depending on the season.
reestuart reestuart
8mo
It could happen, but it is a long way away.
S
Stech
8mo
It's already happening, I have friends doing it. Having a community like
that will bring more, which is why some will not want it.
1
1947Sunbowl OP
8mo
Its not about blacksburg
The university must grow while simple blacksburg puts limits. Vt budget and population is smaller than vt and frankly only a town i the county of montgomery . In va towns dont have much authority. So if fhe question ia vt gets invite to either sec or big 10 - u mean they could say no?? Bottomline vt is doing what is good for vt . Remmebef vt provides power and alot of capital ot regional water supply . Shame if blacksburg would need other sources
reestuart reestuart
8mo
Something like that can’t succeed. It’s a non starter.
1
1947Sunbowl OP
8mo
again, its not a native thing, its a entertainment center for visitors
From hotels, to spas, to entertainment, becomes a weekend adventure from Charlotte or DMV or Richmond. You create a new 365 day adventure.
W
Windows NT
8mo
Yes, at VT! It would be great for MGM to be part of the mixed-use
development... need a casino for the high rollers like myself when I'm there :-)
W
Windows NT
8mo
.. also a Pete Dye Golf course on campus for us gamblers
B
Big12 guy
8mo
KU is doing the same type of thing.
Lots of money being invested in addition to the new stadium.