BLACKSBURG, Va.—It looks like another large apartment complex is coming to the New River Valley.
A family in Blacksburg says it has signed a contract to sell close to 40 acres for a new apartment complex that would be called "The Retreat."
The site is just off of Prices Fork Road and sits north of the Foxridge apartments.
The land has been a working farm since the late 1930's. The family says its signed a contract with a developer out of Georgia, to build "an upscale student housing community."
Officials with the town say they have no idea on a construction start date because no one involved in the deal has made any requests for any permits.