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Historic Renovation Corporation

In 1983, the University's Board of Visitors created a task force to take an in-depth look at the deteriorating conditions of fraternity/sorority housing. A limited partnership plan emerged as the most attractive option to reverse the deterioration of many of the stately houses. The Historic Renovation Corporation (HRC) was then set up to serve as the general partner in a number of limited partnerships with alumni investors. By creating limited partnerships for each house, HRC was able to purchase and renovate sixteen fraternities, one sorority and a language house - the majority of which are located in the Rugby- University Corner Historic District. After the renovations were completed and the investors had received approximately eight years of financial returns and benefits of historic tax credits, HRC was able to sell all of these houses back to their original alumni owners.

Currently, HRC is providing property management services on behalf of the alumni owners of eleven houses.

Map of Historic Preservation Properties

1. St. Anthony Hall - view
133 Chancellor Street
7. Theta Delta Chi - view
1811 Lambeth Lane
2. St. Elmo - view
130 Madison Lane
8. Kappa Sigma - view
165 Rugby Road
3. Sigma Chi - view
608 Preston Place
9. Delta Kappa Epsilon - view
173 Culbreth Road
4. Phi Delta Theta - view
1703 Grady Avenue
10. Sigma Alpha Epsilon - view
160 Madison Lane
5. Pi Kappa Phi - view
510 Rugby Road
11. Zeta Psi - view
169 Rugby Road
6. Phi Society- view
1 University Circle
 

 
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Last Modified: June 20, 2007
© Copyright 2003 UVA Foundation

St Anthony Hall Sigma Chi Sigma Alpha Epsilon Phi Delta Theta Pi Kappa Phi Phi Society Theta Delta Chi Kappa Sigma St. Elmo Delta Kappa Epsilon Zeta Psi