but they are certainly on the right track (in spite of the recent negative press).A few notes and thoughts on yesterday’s presentation for Realtors:- None of the floorplans (not yet online) are more than 3,000 square feet.  This is a huge accomplishment for the developers – recognizing that buyers want smaller, smarter and high quality space is surprisingly innovative for such a large development.- Realtors who are representing buyers will have to be more educated on this development than they would have to be on other developments – there is just more “to it.”…  They will be building 800-1200 square foot cottages in the development.While the current data don’t clearly demonstrate this trend locally:In 2004, 52% of homes sold in Charlottesville/Albemarle were less than 2000 square feet finished and in 2007, the percentage was 56%.In 2004, 27% of homes sold in Charlottesville/Albemarle were more than 2500 square feet, compared with 25% in 2007.The trend is there and will grow.Bacon’s Rebellion has a post today about Belvedere as well as a more in-depth story that points out a major hole in the development:The project will not include a grocery store….  More tomorrow.Update 18 October 2007: The presentation was the same, but the questions from the audience were new.- There is a persistent them that the development will be “family friendly.”- Concerns about the soccer facility came to light – there will be traffic to and from the fields and this likely will be a concern for some, although the benefits far outweigh the negatives.- Streets will be narrow to encourage slower traffic and more walking – “activating the street” as they say.- The buzz around this facility is unique.

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