(RECAP: The old Virginia School of the Arts building in Lynchburg may see new life as apartments. A preliminary rezoning petition for the 1.5-acre property on Rivermont Avenue has been submitted by its owner, Jackson III, LLC. The property is currently zoned R-3 medium density residential. Jackson III is seeking rezoning to R-4 high density residential to allow the conversion of the building into 29 apartment units. Jackson III purchased the property in 2010. The partners involved in Jackson III also own the 130-plus-year-old Piedmont Mills building downtown on Jefferson Street, which is undergoing in its own transformation into residential apartment housing.)
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