The latest proposal for Master Plan Amendment submitted by Xanterra to James City Planning Commission on December 2 ignores the many complaints made about the likelihood of increased noise to existing homes. The submission includes a detailed traffic report and suggests that Xanterra has responded to issues raised at public meetings, but makes no reference to the noise issue, which was raised by several people at the November 21 public meetings, and followed up in the email to Xanterra copied in the Post below. Where is the report by the noise expert that Gary Raymond assured us was being prepared?
And, in the FISCAL IMPACT ANALYSIS WORKSHEET AND ASSUMPTIONS on Tab 7 of their submission, Xanterra assumes that Single Family Detached Homes will have an average market value of $639,135 and that Townhome/Condo/Multifamily Units will have an average market value of $450,000. If actual market values proved to be 25-30% lower, the net Fiscal Impact on James City county would be negative. And, if the likely negative impact of the proposed development on market values of existing homes is also taken into account, there is a high likelihood that the Final Fiscal Impact of the proposed development will be negative for James City County!
Moreover, the over simplistic calculations shown in the Fiscal Impact Worksheet Section 6: Phasing on Page 10 of Tab 7 assume that construction of all developments will proceed at the same rate, which contradicts Gary Raymond’s statement that the townhomes would be constructed first.
Which local realtors would be willing to stake their good name on these proposed homes, on very small lots adjacent to Busch Gardens, selling for $639,135? Or are these numbers only in Xanterra’s dreams?