A local developer wrapped up work on a VCU Grace Street building in January. Photos by Katie Demeria.
After three years of construction, a longtime local developer has completed his tallest projects to date.
Phil Roper finished up work in January on the seven-story classroom and office tower at 912 W. Grace St.
The $15.5 million, 79,000-square-foot project was financed by the VCU Real Estate Foundation. Three floors are devoted to VCU classrooms and four to office space.
Roper said VCU reached out to him for the project when he started working on the neighboring $20 million Square Apartments tower.
The apartment and retail space at 900 W. Grace St. was finished last summer.
“We were in the right place in the right time to build this for them,” Roper said.
Roper, along with fellow developer George Emerson, completed the 154,995-square-foot Square apartment complex at 900 W. Grace St. in August. It was built on the site where an old retail strip center once stood.
“What I’d really like to stress about this was that the property owners came to us about developing,” Roper said. “It was a worn-out strip center, really, and they thought it was underutilized.”
The 156-unit building is 97 percent occupied, Roper said, by a mix of students and other tenants. A Panda Express has already opened in the building’s single, 3,400-square-foot commercial space.
Roper said the 11-story apartment tower is the tallest residential and commercial building he has ever constructed. The VCU building is about the same height, even with only seven floors.
The two projects added 230,000 square feet to the block between Shafer and Harrison streets.
A Walmart on Campus store, the first to locate in Virginia, will settle into the 4,100-square-foot retail space at the bottom of the VCU tower. Roper said it should be open sometime this spring.
A local developer wrapped up work on a VCU Grace Street building in January. Photos by Katie Demeria.
After three years of construction, a longtime local developer has completed his tallest projects to date.
Phil Roper finished up work in January on the seven-story classroom and office tower at 912 W. Grace St.
The $15.5 million, 79,000-square-foot project was financed by the VCU Real Estate Foundation. Three floors are devoted to VCU classrooms and four to office space.
Roper said VCU reached out to him for the project when he started working on the neighboring $20 million Square Apartments tower.
The apartment and retail space at 900 W. Grace St. was finished last summer.
“We were in the right place in the right time to build this for them,” Roper said.
Roper, along with fellow developer George Emerson, completed the 154,995-square-foot Square apartment complex at 900 W. Grace St. in August. It was built on the site where an old retail strip center once stood.
“What I’d really like to stress about this was that the property owners came to us about developing,” Roper said. “It was a worn-out strip center, really, and they thought it was underutilized.”
The 156-unit building is 97 percent occupied, Roper said, by a mix of students and other tenants. A Panda Express has already opened in the building’s single, 3,400-square-foot commercial space.
Roper said the 11-story apartment tower is the tallest residential and commercial building he has ever constructed. The VCU building is about the same height, even with only seven floors.
The two projects added 230,000 square feet to the block between Shafer and Harrison streets.
A Walmart on Campus store, the first to locate in Virginia, will settle into the 4,100-square-foot retail space at the bottom of the VCU tower. Roper said it should be open sometime this spring.