Jim Cherney, Roanoke, VA

A community-minded team of seasoned professionals, Cherney Development has a rich history of collaboration that’s good for the local economy, good for its business partners and good for the bottom line.


For over 30 years, Cherney Development has done business in the Southeast with extensive experience in constructing and transforming commercial, big box, residential, industrial manufacturing and warehouse properties and, as a qualified 221(d)4 and 223(f) HUD developer, multi-family home properties.


Having extensive experience with historic tax credits, the team embraces projects that aim to restore local architectural aesthetics, that enhance the community.




Real Estate Transformation


Wallace Building

Roanoke, VA

Property developer/owner 

Historic tax credit conversion of 8,500 sq. ft. building into multi-use (7 residential rental units and 2 commercial office).


Printer's Alley

Roanoke, VA

Property developer/owner

Conversion of a 1929 printery of more than 18,000 sq. ft. into 18 one-bedroom urban design units and a 75-seat Euro gastro pub style restaurant, Sidecar.

Fort Knox Drive-Thru Self-Storage

Roanoke, VA

Property developer/owner

On 11 total acres, converted condemned 100,000 square-foot, three-acre building into drive-thru self-storage facility, with out-parcels allocated for future development.

Dedicated RV & Boat Valet Storage

Statesville, NC

Property developer/owner

Conversion of a derelict brownfield property into Class A recreational vehicle and boat storage-valet business.


Self-storage Innovation


Fort Knox Self Storage 

Winston-Salem, NC

Property developer/owner 1990-2017

Conversion of derelict non-performing retail big box into the nation’s first indoor drive-thru 88,000 sq. ft. self-storage facility with annual receipts of $750K.

Parking collateral developed for Holiday Inn and automobile sales.

Greensboro, NC

Property developer/owner 1992-2015 

Conversion of 201,000 sq. ft. manufacturing facility into drive-thru self-storage.


Washington DC

Eight warehouse conversions.

Residential Construction

Qualified HUD developer 221(d)4, 223(f)

Lincolnton, NC

Hampton Court

The Oaks

Raleigh, Durham, Hillsboro, Chapel Hill, NC

Multi-family development

10 complexes / 2,300 apartments

Cherney Development, Winston Salem, NC


When digging in on any project or proposal, Cherney Development measures its business decisions against the mantra of three key benchmarks. 

Cherney Development



You can judge a business by the company it keeps. Our consortium of business providers work with a team-oriented approach.

Meet a few of our collaboration-partners.



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Cherney Development participates in the communities we serve.


Click below to learn about some of the important local organizations we're proud to support.



Cherney Development and Real Estate

Cherney Development Company, Inc.

19 Franklin Road SW, Roanoke, VA 24011


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