# Va. Code Ann. § 36-49.2: Power to purchase or lease land for certain other redevelopment projects

> Virginia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-49.2

## Section

- **Citation:** Va. Code Ann. § 36-49.2
- **Heading:** Power to purchase or lease land for certain other redevelopment projects
- **Jurisdiction:** Virginia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Virginia Code / Title 36 / Chapter 1 / Article 7 / Section 36-49.2

## Text

In addition to the other powers to acquire real property by purchase or lease, an authority is specifically empowered to purchase or lease real property for immediate or future use, without the exercise of the power of eminent domain, for improvement and development for sale, lease, or sublease as industrial sites, scientific research laboratory sites, educational institution sites or sites for housing persons displaced from other lands of the authority.

1964, Ex. Sess., c. 16.

## Nearby sections

- [Va. Code Ann. § 36-48 Creation of Redevelopment Areas](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-48.md)
- [Va. Code Ann. § 36-48.1 Creation of Conservation Areas](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-48.1.md)
- [Va. Code Ann. § 36-49 Adoption of Redevelopment Plans](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-49.md)
- [Va. Code Ann. § 36-49.1 Adoption of Conservation Plans](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-49.1.md)
- [Va. Code Ann. § 36-49.1:1 Spot blight abatement authorized; procedure](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-49.1%3A1.md)
- [Va. Code Ann. § 36-49.2 Power to purchase or lease land for certain other redevelopment projects](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-49.2.md)
- [Va. Code Ann. § 36-50 Extension of general powers for actions taken pursuant to a redevelopment plan](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-50.md)
- [Va. Code Ann. § 36-50.1 Extension of general powers for actions taken pursuant to a conservation plan](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-50.1.md)
- [Va. Code Ann. § 36-51 Redevelopment plans](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-51.md)
- [Va. Code Ann. § 36-51.1 Requirements for "conservation plan" generally](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-51.1.md)
- [Va. Code Ann. § 36-52 Cooperation by localities](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-52.md)
- [Va. Code Ann. § 36-52.1 Authority for localities to create conservation or redevelopment areas](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-52.1.md)
- [Va. Code Ann. § 36-52.2 Acquisition of property prior to adoption of development or conservation plan in certain cities](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-52.2.md)
- [Va. Code Ann. § 36-52.3 Adoption and designation of "rehabilitation area."](https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-52.3.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VA_T36_C1_A7_S36-49.2. Check the current official text before relying on it. Not legal advice.