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Downtown Suffolk Revitalization Plan through Arts - College of ...

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29<br />

Ownership<br />

The following information in this section is reported from the City <strong>of</strong> <strong>Suffolk</strong>’s<br />

Assessors Office. The information is current as <strong>of</strong> February 2005. It should be noted that<br />

several modifications were made to this database information, specifically changes in<br />

spelling <strong>of</strong> owners names where multiple versions <strong>of</strong> the same owner were present.<br />

The ownership <strong>of</strong> land is divided between one hundred eighty-eight people,<br />

companies, or corporations. It should be noted that two parcels in the study area have<br />

unknown ownership. An important step in any local project is being able to work with the<br />

property owners to explore new options for development and marketing strategies.<br />

Having local owners and owners with parcels in close proximity to one another are also<br />

key elements <strong>of</strong> a successful revitalization plan.<br />

The largest owner in the study is the City <strong>of</strong> <strong>Suffolk</strong> with 45 parcels and 666,067<br />

sq ft. The city owns 19% <strong>of</strong> the land in the study area. Four <strong>of</strong> the top ten landowners by<br />

total area are churches with the other owners being companies or corporations. Eight <strong>of</strong><br />

the top owners are located in <strong>Suffolk</strong>, while two are nearby (SunTrust is located in<br />

Richmond while EDJOE is located in Norfolk). In total, the top 10 landowners hold 41%<br />

<strong>of</strong> the land in the study area. Table 12 and map 8 illustrates the top 10 landowners by<br />

total square feet.<br />

Table 12: Land Owners by total square feet owned<br />

Owner Sq Ft Parcels<br />

CITY OF SUFFOLK 666067 44<br />

FIRST BAPTIST CHURCH 153724 9<br />

CARTER & SONS FURNITURE CO INC 129738 9<br />

SUFFOLK CHRISTIAN CHURCH 118432 1<br />

MAIN STREET UNITED METH CHURCH 88913 3<br />

ST PAUL EPISCOPAL CHURCH 78920 3<br />

SHEFCO INC 49779 8<br />

SUNTRUST BANK 46431 7<br />

ALSHEF INC 45808 9<br />

EDJOE LLC 44279 5

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