Friday 24 June 2022 07:18 AM Dave Chappelle buys 19 acres land small Ohio village where he lives block $39m ... trends now
The new development would potentially have reached right up to the border of Chappelle's property, according to zoning plans.
But now it appears the comedian has purchased around 19 acres of land in Yellow Springs, which had previously been owned by Oberer Land Developers, Ltd.
Oberer's grand plans that would have occupied some 52 acres.
It's believed Chappelle owns the southern portion of the block of land in order to create some distance between his own property and any new construction that may arise.
Dave Chappelle has purchased a block of land in the small Ohio town where he lives in an attempt to block a building firm from constructing a $39million development in the area
Chappelle has now bought 19 acres of land in the small Ohio village of Yellow Springs where he lives and plans to build his own restaurant and comedy venue
Chappelle, who is worth an estimated $50 million, lives on the outskirts of Yellow Springs on a 39-acre farm in a three-bedroom home which he bought for $690,000 in 2015. The new development could have potentially reached the border of Chappelle's property, but he has now purchased that land
In February, Dave Chappelle was emotional as he spoke at the Yellow Springs Village Council opposing a plan that he believes would be bad for the community, and also neighboring his own home
Chappelle’s publicist told YSNews that Chappelle has bought some land, however they did not clarify how many acres in total the entertainer had purchased.
Some clues exist on the Greene County Auditor’s Geographic Information Systems website which confirms 19 acres of land previously a part of Oberer’s development plans are now instead linked to Iron Table Holdings LLC, Chappelle's company.
The website lists the price of the 15 parcels as $1,715,000. This is the price Oberer paid for the entire 52 acres in November 2020 from the previous owner.
It is not known how much Chappelle paid for his slice.
The remaining 33 acres is still held by Oberer, although it is now unclear exactly what the developer will have in mind for what is a greatly reduced plot of land.
In February Chapelle made clear of his strong opposition to the new housing development and threatened to pull millions of his investments from the village of 3,700 people, if the project moved forward.
But now it appears an agreement has been reached that has seen Chapelle purchase 19 acres of the land for himself in order to stop any future development on the plots closest to his own estate according to TMZ.
Although the local council had approved the development by Oberer to go ahead, Chappelle's purchase has now either blocked or at the very least curtailed some of those plans.
The new development would have potentially reached the border of Chappelle's property, according to zoning plans. Chappelle has now purchased the southern portion of this land
Chappelle, who is worth an estimated $50 million, lives on the outskirts of Yellow Springs on a 39-acre farm in a three-bedroom home which he bought for $690,000 in 2015.
The new development would have potentially reached the border of Chappelle's property, according to zoning plans.
Chappelle, meanwhile, has his own plan to covert an old fire station into a restaurant, called Firehouse Eatery, and comedy club, called Live from YS. He bought both properties for a combined $1.1 million in 2020.
Chappelle's company, Iron Table Holdings LLC, is spearheading the project.
WYSO, the National Public Radio affiliate located in Yellow Springs, also plans to move into offices in the former Union Schoolhouse, which Iron Table Holdings owns, in