Vinyl is so out.
Genesis Homes is planning a three-story apartment complex in the Union Hill district, just north of Church Hill, but developer Ron Hunt needs City Council to approve a rezoning permit.
He got conditional approval through the planning commission this month after agreeing to the city’s conditions, which included that he not use vinyl siding.
Genesis purchased the 104,000-square-foor parcel in early 2007 for $1.5 million, according to the Richmond assessor’s office.
“We had planned to do this back in , but then the economy went bust, so we had to wait,” Hunt said. “We’ve just been managing the properties since then.”
Hunt said he secured financing assurances from the Virginia Housing Development Association but would not say how much the 150-unit project would cost.
The planning commission approved the rezoning on the condition that a new building would have, among other things, trees, bike racks, a minimum of 635 square feet per unit and no vinyl siding.
Hunt said that, assuming the City Council approves the rezoning permit, he hopes to break ground within 60 days.
The permit would essentially change the density on the parcel from a maximum of 35 units per acre to 43 units per acre, according to city documents.
Genesis is the developer and property manager, and Walter Parks is the architect. The final design should be finished this week, Hunt said.
Hunt has not decided on a general contractor.
The 58 townhouses on site are occupied but have relocation clauses in the leases, so Genesis will pay for the costs, he said.