A new round of construction is coming ashore at a local riverfront development.
HHHunt is breaking ground on the first wave of new townhouses at Rocketts Landing. The company plans to build up to 82 townhouses over the next couple of years at the mixed-use development that straddles the line between the City of Richmond and Henrico County.
HHHunt hopes to begin work on the first building – with four attached townhouses – next week. One townhouse will be used as a model home, and the other three are spoken for, said Lisa Khoury, a sales executive with the builder.
Reservations have been put down on three of the five units in the second building, which should come under construction in about a month.
“People are looking for the lifestyle of living in Rocketts Landing and being close to the city and all it has to offer and all of the historical parts of Rocketts Landing,” Khoury said.
The townhouses begin in the upper $270,000s and come with two different floor plans, each with a two-car garage, she said.
The two-bedroom, 2.5-bath units are available in two sizes: 1,865 or 1,983 square feet.
HHHunt general manager Patrick McCarthy said that, with the upgrades most people are choosing, the townhouses are averaging about $330,000. Bank of America is financing the construction of the houses, McCarthy said.
Richard Souter, a partner in Rocketts Landing developer the WVS Companies, said there’s a lot more in the works at development. Only 12 of its 50 acres have been developed. Its current occupants include condo buildings, restaurants, and a recently completed office redevelopment for a local law firm.
WVS is waiting on a final approval to start building a 156-unit apartment complex.
Souter said he would love to bring aboard a small grocery store and a boutique hotel. They’re also talking to restaurateurs for more dining options on the waterfront.
“The vision is going to be shaped by the market at any given time,” Souter said.
Rocketts Landing lost one of its restaurant tenants in recent weeks when M Bistro called it quits at 4821 Old Main St.