Starting with a strong foundation From the first day that Elbert H. Waldron and Horace G. Fralin opened their doors in 1962, they redefined progress in Southwestern Virginia by building modernized homes that met the needs of a growing valley. Before long, they nurtured the company into one of the largest real estate development companies in the Southeastern United States, adding commercial properties, multi-family homes and more to their expanding list of projects. Welcoming and creating change Fralin & Waldron continues to be synonymous with progress in Southwestern Virginia, but the definition of progress is evolving. Today, the company is not only developing a new philosophy, they're developing communities that transform this philosophy into an inspired reality. Fralin & Waldron is building on a foundation of both economic and environmental responsibility, implementing the kind of quality standards that sustain the tests of time. Expertise and innovation Under the visionary leadership of CEO Karen Waldron, President Andy Kelderhouse and their team of industry professionals, Fralin & Waldron (also trading as Waldron Homes) continues to offer diverse residential projects in 2006 in price ranges from $250,000 to over $700,000. They've earned a reputation as a company that is not just thoughtful and innovative, but committed to putting their dreams into action. Their latest dream, to build Southwest Virginia's first Traditional Neighborhood Development, is underway now in Botetourt County. Daleville Town Center will bring all the best of a village lifestyle together with architectural integrity and the most updated home design. Within the village will be shops and restaurants offering spaces for offices or apartments above and an expansive park space at its center for community gatherings and events. The property will feature 300 residences and up to 400,000 square feet of commercial space all interconnected with walking paths and bikeways. There are views of the Blue Ridge Mountains from all locations with the famous Appalachian Trail nearby. More than four decades of accomplishments throughout Virginia and North Carolina. • Over 5,000 single family homes. • 7,727 multifamily units in 57 different projects containing over 6.5 million sq. ft. • Over 400,000 sq. ft. of commercial office space • Over 325,000 sq. ft. of commercial renovation and historic rehabilitation. • 4,631 nursing beds in 48 different projects. • 818 assisted living and retirement units.