Greystar close to opening several units in what it’s calling Spring Valley

When the Board of Supervisors approved Greystar Development’s request to rezone 36 acres of land just to the west of the University of Virginia’s North Grounds, there was no mention of what the area would be called after 525 new units were built.

At some point between March 2023 and now, marketing officials came up with the name Spring Valley for the general area for two branded communities. Construction began in September 2025 on 336 apartments units in five buildings as well as 189 single-family homes and town homes.

“Ideally positioned off Old Ivy Road, the residential community of Spring Valley plants you in the heart of Charlottesville living,” reads Greystar’s website. “Within Spring Valley, you can live at The Bennett for vibrant apartment living or The Dean for an idyllic townhome and single-family home experience.”…

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