Multifamily news in Development - Richmond
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Virginia Community Lands $30M Grant
The federal funds will go toward redeveloping the 256-unit Ridley Place public housing and the surrounding neighborhood. Pennrose is the master developer of the project.
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CPDC Breaks Ground on VA Mixed-Income Development
The community in Richmond's Jackson Ward neighborhood will comprise two buildings, one for low-income seniors and the other dedicated to workforce housing.
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Thalhimer Begins Next Phase of Richmond Adaptive Reuse Project
The company acquired the 18-acre lot in 2013. City View Marketplace is set to include 161 units and 13,270 square feet of commercial space.
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Luxury Hampton Roads Community Selects Management
The development, planned to encompass approximately 500 upscale apartments near Dollar Tree’s future headquarters, will also include 50,000 square feet of retail.
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Nusbaum Breaks Ground on Virginia Beach Project
The $35 million Mezzo Apartment Homes will include 282 units and is seeking Earthcraft certification.
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Fulton Hill Properties Breaks Ground on Richmond Project
Artisan Hill will be a 204-unit community adjoined by an artists' gathering place. The development, located at 1000 Carlisle Ave., near several parks and trails, is slated for completion in 2019.
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Upcoming VA Community Lands $24M Construction Financing
Berkadia’s Senior Managing Director David Blake arranged a 40-year loan for the development of a 168-unit residential property in Christiansburg, Va.
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Richmond Development Scores $40M Construction Loan
Berkadia arranged the financing on behalf of the developer, HHHunt Corp. First units will be available for occupancy by summer of 2018, and the community will be completed next summer.
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Oliver Properties to Deliver 50-Unit Community in Richmond
The $10 million Museum District development is slated for completion by mid-2017.
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Richmond Adds Luxury Community
The 137-unit Charleston Ridge in Hanover County will welcome its first residents by mid-October 2016.
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High-End Community Opens in Hampton Roads
The 240-unit upscale property is owned and managed by Virginia Beach-based Franklin Johnston Group.
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Coveted Suffolk, Va. Lands Upscale Community
The 228-unit Bainbridge 3200, situated in the heart of Suffolk’s Harbourview area, opened its first units in March and is expected to be completed by late summer.
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Dominion Realty Partners Enters the Charlottesville Market
DRP's newest development, Fifth Street Place, will be the newest apartment community in Charlottesville, Va., marking the company's first project in the market.
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Scott’s Addition Adds More Apartments
What do you do if you own a property in Scott’s Addition?
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One of Breeden’s Largest Apartment Projects Opens in Richmond
After several ground breakings this year, a Virginia Beach-based real estate developer is now getting ready to open one of its larger residential projects.