Not to be outdone by a seven-story building planned across the street, Thalhimer is looking to overhaul an entire city block in Manchester.
The Richmond real estate giant’s development arm, Thalhimer Realty Partners, has filed plans for an eight-story apartment building at 423 Hull St., a 2-acre site currently used as a surface parking lot.
The preliminary plans, filed in late August, call for an S-shaped building containing 271 apartments above 10,000 square feet of ground floor commercial space. Thalhimer has owned the lot since 2013 as part of its acquisition of the former Reynolds South plant.
The new apartment complex would be dubbed Overlook II and would be just north of the company’s Overlook at City View apartments, which were completed in recent years at 500 Bainbridge St.
TRP kicked off the planning process for Overlook II in the spring when it successfully rezoned the land to TOD-1 Transit-Oriented Nodal District.
Plans show that of the 271 apartments, 216 would be one-bedroom units, 42 would be two-bedroom units and 13 would be three-bedroom loft units. Amenities listed for Overlook II include a pool, courtyard, fitness room and lounge on the top floor. A three-story parking structure with 364 spaces is also included in the development.
TRP principal Drew Wiltshire declined to comment on the plans for Overlook II.
3North, which recently moved into new headquarters, is listed as the project’s architect. Gradient Environment, Pace Collaborative and Ehlert Bryan are its engineers. Lory Markham of Markham Planning is the project’s planning consultant.
The plans note that the tenant or tenants for the 10,000 square feet of commercial space facing Hull Street will be determined at a later date.
Thalhimer has had success attracting retail tenants at its previous phases of City View in the 500 and 600 blocks of Hull Street, including Continental Westhampton and Stella’s Grocery. A Virginia ABC store is also preparing to open in City View Marketplace in the near future.
Thalhimer’s plans cap a busy end to the summer for Hull Street. Fountainhead Real Estate Development and WVS Cos. also submitted plans to redevelop part of the Plant Zero complex across the street into hundreds of apartments.
Also across from TRP’s land is The Current, a mixed-use development from Lynx Ventures that includes office, retail and residential uses.
The Current is nearing completion and preparing to welcome residential tenants, as well as commercial tenants like retail financing firm West Creek Financial, food hall Hatch Local and Norfolk-based brewery Benchtop Brewing Co.