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ARRESTED DEVELOPMENT: Dave Chappelle hailed HOMETOWN HERO after buying 52 acres to block housing project

Oberer developers, who had plans of building an affordable housing development on the land, transferred all of the acres to Chappelle's control
UPDATED JUL 6, 2022
Dave Chappelle buys entire 52-acre land thereby stopping a 140-home development project (Photo by Stacy Revere/Getty Images)
Dave Chappelle buys entire 52-acre land thereby stopping a 140-home development project (Photo by Stacy Revere/Getty Images)

Dave Chappelle has made a massive investment as he has finally blocked a proposed 140-home development and it's disclosed that he has bought an entire 52-acre site. It was previously believed that he bought 19 acres that are closely touching his gorgeous mansion, but village manager Josue Salmeron confirmed the 52-acre purchase. This development took place in Yellow Stone, Ohio, where Chappelle grew up. 

Salmeron exclusively told Daily Mail, "I have confirmation that Dave Chappelle bought the entire lot. We are talking about all the 52 acres. To me it is clear, the project isn't going forward. The developers will not be building on that land." Previously, the comedian's publicist Carla Sims verified the buy on a phone call with Yellow Spring News but couldn't clear the amount of land. But it was made clear that Oberer developers, who had plans of building an affordable housing development in the otherwise quiet village, had transferred all of the acres to Chappelle's control. Oberer Companies President George Oberer confirmed the passing on of authority. Chappelle's move has delighted many people who live close to the proposed development. 

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Oberer’s development plans are now linked to Iron Table Holdings LLC, which is owned by Chappelle. Chappelle had previously spoken against the said housing development. He said, during a Yellow Springs Village Council town meeting, "You look like clowns -- I am not bluffing. I will take it all off the table. "I don't know why the council would be afraid of litigation from a $24 million-a-year company while it's out a $64 million-a-year-company. I cannot believe you would make me audition for you." It was previously seen in zonal plans that the new housing development plan reach out to Chappelle's 3-bedroom house which he brought for $690,000 in 2015. 

Dave Chappelle looks on during UFC 264: Poirier v McGregor 3 at T-Mobile Arena on July 10, 2021 in Las Vegas, Nevada (Photo by Stacy Revere/Getty Images)

Dave Chappelle's plans with Yellow Springs, Ohio

Chappelle loves his town and is always in his element when he's breathing that air. After the buy, citizens couldn't help but show their support for the highly controversial comedian known for his sketchy acts. Several 'Thanks Dave!' signs were seen on people's property. Many businesses on Yellow Springs' main thoroughfare of Xenia Avenue put up similar signs to thank Chappelle. Previously, businesses came forth to thank the comedian for putting up cash-boosting star-packed comedy shows when the Covid-19 pandemic brought the whole town to a standstill. Now, the city is bustling and businesses are doing better than ever.

Dave Chappelle looks on during the 2022 NBA All-Star Game at Rocket Mortgage Fieldhouse on February 20, 2022 in Cleveland, Ohio (Photo by Tim Nwachukwu/Getty Images)

Dave Chappelle has ongoing plans of converting a firehouse into a restaurant and will call it 'Firehouse Eatery,' and a comedy blub called Live from YS. He bought both the properties in 2020 for $1.1 million. Max Crome, an architect who works with Chappelle on his business interests in the village, told Dayton Daily News, "It’s clearly not designed for the benefit of the villagers. What is that alternative? I don’t think any of us have seen it. I for one don’t think it could be much worse. I think it would be better.”

On the other hand, council member Marianne MacQueen opposed the development but also hoped for it to solve the housing problem, saying, "Clearly this development is not going to address all of the things that need to be addressed in terms of housing in Yellow Springs. But it does address some of the needs we actually have.”

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