The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-04-28
SOUTH RoANoKE's BOOM.
Desirable and Very Cheap Prop
erty Offered To-day.

For several days the real estate agents
of the city have been rushing prospec-
1 tors in that direction. The visitors saw
much to admire and convince them that
Roanoke real estate was "gilt-edge
Investment"
Everybody admired tho tract of level
land on the north side of Roanoke river,
and upon inquiry learned that it was the
property Of the Pleasant Valley Land
Company. 1t is bounded on the south
y and southeast by Roanoke river, on the
north by Meade street, and on the west
by the Jeanot Land Company.
Old Jefferson and South Jefferson
streets run through this splendid prop
erty and it is connected with the Crys-
tai Spring and tho Gas and Water Com
pany's additions by three iron bridges
across Roanoke river. The Roanoke
and Southern railroad skirts the eastern
border, and tho Norfolk and Western
Belt Line will be constructed along
Roanoke river on tho south and south
east.
South Jefferson street has been ma
cadamized through the entire property
OF the Pleasant Valley Land Company
and tho tracks of tho Electric Street
railway have been laid on this thorough
fare and will be extended beyond the
river in n short time.
Tho tract embraces 81 acres and MS
hereinbefore stated is perfectly level,
but easily drained on account of Roa-
nolSe river being SO near. Streets,
boulevards and alleys will be laid out
and graded at once so that purchasers of
lots can utilize them by building.
The lots are 50x13O feet and are
offered at from 5000 to 81 100 each.
This is considered very low on account
of their exceptionally fine location.
Over 500, 900 worth of lots were sold
by the Jefferson Land Company the
first day their property was placed on
the market. The remainder were tenn
porarily withdrawn, but will be offered
for sale this morning and hereafter
until disposed of.
When it is remembered that the cleo
u,
destined to be one of tho finest business
thoroughfares OF the city, and the Roam
oke and Southern railroad run through
and Immediately on the border of this
tract the value of great number of the
lots for business purposes will be per-
ceived at glance Parties desiring to
purchase with view to erecting resi-
dcnce can not select better locality.
as within one hundred yards and less
there are number of handsome resi-
dences which cost from 81 900 to $40, 900
each.
The land donated by Major Andrew
Lewis for Presbyterian college almost
adjoins these lots on the vest. and they
are within less than five minutes ride
of the Norfolk and Western and Roam
oke and Southern passenger and freight
depots. The new hospital to be erected
soon will be in sight, as will the magni-
ficent hotel, observatory, casino and
villas, to be erected on Mill Mountain,
few hundred yards distant by the
Roanoke Gas and Water Company.
The year 1891 will be the IL ost pros
porous in the history of Roanoke In
addition to the large number of indus
tries in operation and employing thous-
ands Of skilled and unsllilled workmen,
the indications are that new enterprises
to give employment to as many more
will be established before the close of
the year.
The large plate and bar mill at the
West End Furnace is approaching com.
pletion, and will employ $50 men and
boys. Negotiations have been closed
for glass works and the largest shelf
hardware plant in tho country, and it is
! expected contracts for the erection Of
the buildings will be awarded in n short
time.
The Roanoke and Southern railroad
will be completed from Mirtinsville
during the year, giving us Il line to
Winston, North Carolina, and opening
up to our merchants and manufacturers
territory ricn in minerals, stone, tim
Der and agriculture. 1t is reasonably
certain that before the end of the wear
work will have commenced on the ex-
tension of the Valley branch of the
baltimore and Ohio railroad from Lex
ington to Roanoke, giving our city the
advantage of another great trunk line
In addition to the above mentioned
improvements the expenditure of over
S3,OUO.0 900 on new business houses and
residences during the present year is
assured.
1t is not necessary to waste time and
space in further proof of the claim so
often asserted that Roanoke will be tn g
largest and most i'm nOrta manu- fac tur-