While the process to redevelop The Diamond and its surrounding acreage is still in the early innings, the apartment boom in the surrounding Greater Scott’s Addition area continues unabated.
More than 1,300 more apartments are in the works in the neighborhood, many of which will be completed this year and others that will break ground in the coming months.
1508 Belleville St.
Thalhimer Realty Partners and John Freeland are among those who recently kicked off construction.
The duo recently completed demolition of two of the buildings at 1508 Belleville St., where they’re planning a six-story, 126-unit apartment building. Freeland said they began demo in late 2021 and are looking forward to going vertical.
Scott’s Edge II
A bit further north at 1700 Belleville St., Northern Virginia’s Bonaventure Realty Partners is planning Scott’s Edge II, a second phase of the existing nearby apartment complex it bought as an entrance to the Richmond market in late 2019.
Scott’s Edge II will span two buildings and include 203 apartments as well as ground-floor commercial space. Bonaventure CEO Dwight Dunton III said they’re hoping to have building permits in hand by April and break ground in the summer.
“We’ve got a few other logistics to get the project rolling, but it’s all good,” Dunton said.
Soda Flats
Soda Flats, a project that’s been in the planning stages at 2820 W. Broad St. since spring 2020, is slated to go forward next to The Hofheimer building. Developer Bank Street Advisors now plans 89 apartments for the site, up from its initial plan for 73 units.
“We’ve been essentially just waiting to get the paperwork and permits with the city,” said Bank Street’s Christian Kiniry. “We hope to start construction this spring.” He said they anticipate an 18-month buildout to follow.
1101 N. Arthur Ashe Blvd.
Meanwhile, the timeline for a 29-unit, 148-bed project along Arthur Ashe Boulevard that’s been in the works since 2020 remains less clear.
Maryland-based Outlier Realty Capital would not say when it intends to break ground on a six-story cohousing building at 1101 N. Arthur Ashe Blvd., for which it received the entitlements in 2020.
The cohousing concept includes private bedrooms and bathrooms but shared kitchen and living areas for residents. Outlier’s would be the first such project to be developed north of the river in Richmond.
Last winter, Outlier spent $1.2 million on the land for the project and cleared some small buildings on the site. After sitting dormant for the rest of 2021, building permits were filed earlier this month.
A representative for Outlier deferred comment to Managing Partner Peter Stuart, who could not be reached for comment.
Arthur Ashe Addition
Another development is in the works to the north along Arthur Ashe Boulevard.
D.C. developers Level 2 Development and SJG Properties are planning Arthur Ashe Addition, a mixed-use project that will span 3.3 acres at 1117-1209 N. Arthur Ashe Blvd.
The duo paid $12.5 million for the land last summer and earlier this month they filed a plan of development for the project, which will add 300 apartments and 14,000 square feet of commercial space. The developers are also planning to renovate a warehouse at 1209 N. Arthur Ashe Blvd. into creative office space.
The exact timeline of Arthur Ashe Addition is also unclear. Level 2 principal David Franco wasn’t available for comment by press time.
Capital Square
Lastly, one of the area’s bigger developers and real estate investors is expecting to see a quartet of buildings reach the finish line in Scott’s Addition by the end of the year.
Capital Square’s three-part Scott’s Collection is set to be complete by the late summer, said Jill Swartz, a spokeswoman for the Innsbrook-based firm.
The first to be completed should be Scott’s Collection’s most dense: an 80-unit building at 3000-3008 W. Clay St. Swartz said that the building is expecting to receive its certificate of occupancy in February.
The other two buildings in Scott’s Collection — a 60-unit building at 2900-2904 W. Clay St. and a 72-unit building at 3001-3009 W. Leigh St. — should be completed in June and September, respectively.
Over at 1601 Roseneath Road, Capital Square and South Carolina-based Greystar are underway on a five-story mixed-use project. With 10,000 square feet of commercial space and 350 apartments, the development occupies the entire block bound by MacTavish Avenue, Roseneath Road, West Moore and Norfolk streets.
Swartz said that building is projected to be completed in November.
Capital Square is also teaming up with Maryland-based Lerner Enterprises on another 350 units that would rise on 2.25 acres occupied by the commercial painting company N. Chasen & Son building at 2924 W. Marshall St. That project is still in the planning phase and is aiming for a late 2022 or early 2023 groundbreaking.
All of these projects are progressing as the city has begun soliciting ideas from developers for the Diamond District, the 60 acres of city-owned land surrounding The Diamond. The city issued a request for information at the tail end of 2021 and the solicitation has drawn plenty of interest from developers both local and out-of-town. The initial deadline for the first step of the process is Feb. 15.
While the process to redevelop The Diamond and its surrounding acreage is still in the early innings, the apartment boom in the surrounding Greater Scott’s Addition area continues unabated.
More than 1,300 more apartments are in the works in the neighborhood, many of which will be completed this year and others that will break ground in the coming months.
1508 Belleville St.
Thalhimer Realty Partners and John Freeland are among those who recently kicked off construction.
The duo recently completed demolition of two of the buildings at 1508 Belleville St., where they’re planning a six-story, 126-unit apartment building. Freeland said they began demo in late 2021 and are looking forward to going vertical.
Scott’s Edge II
A bit further north at 1700 Belleville St., Northern Virginia’s Bonaventure Realty Partners is planning Scott’s Edge II, a second phase of the existing nearby apartment complex it bought as an entrance to the Richmond market in late 2019.
Scott’s Edge II will span two buildings and include 203 apartments as well as ground-floor commercial space. Bonaventure CEO Dwight Dunton III said they’re hoping to have building permits in hand by April and break ground in the summer.
“We’ve got a few other logistics to get the project rolling, but it’s all good,” Dunton said.
Soda Flats
Soda Flats, a project that’s been in the planning stages at 2820 W. Broad St. since spring 2020, is slated to go forward next to The Hofheimer building. Developer Bank Street Advisors now plans 89 apartments for the site, up from its initial plan for 73 units.
“We’ve been essentially just waiting to get the paperwork and permits with the city,” said Bank Street’s Christian Kiniry. “We hope to start construction this spring.” He said they anticipate an 18-month buildout to follow.
1101 N. Arthur Ashe Blvd.
Meanwhile, the timeline for a 29-unit, 148-bed project along Arthur Ashe Boulevard that’s been in the works since 2020 remains less clear.
Maryland-based Outlier Realty Capital would not say when it intends to break ground on a six-story cohousing building at 1101 N. Arthur Ashe Blvd., for which it received the entitlements in 2020.
The cohousing concept includes private bedrooms and bathrooms but shared kitchen and living areas for residents. Outlier’s would be the first such project to be developed north of the river in Richmond.
Last winter, Outlier spent $1.2 million on the land for the project and cleared some small buildings on the site. After sitting dormant for the rest of 2021, building permits were filed earlier this month.
A representative for Outlier deferred comment to Managing Partner Peter Stuart, who could not be reached for comment.
Arthur Ashe Addition
Another development is in the works to the north along Arthur Ashe Boulevard.
D.C. developers Level 2 Development and SJG Properties are planning Arthur Ashe Addition, a mixed-use project that will span 3.3 acres at 1117-1209 N. Arthur Ashe Blvd.
The duo paid $12.5 million for the land last summer and earlier this month they filed a plan of development for the project, which will add 300 apartments and 14,000 square feet of commercial space. The developers are also planning to renovate a warehouse at 1209 N. Arthur Ashe Blvd. into creative office space.
The exact timeline of Arthur Ashe Addition is also unclear. Level 2 principal David Franco wasn’t available for comment by press time.
Capital Square
Lastly, one of the area’s bigger developers and real estate investors is expecting to see a quartet of buildings reach the finish line in Scott’s Addition by the end of the year.
Capital Square’s three-part Scott’s Collection is set to be complete by the late summer, said Jill Swartz, a spokeswoman for the Innsbrook-based firm.
The first to be completed should be Scott’s Collection’s most dense: an 80-unit building at 3000-3008 W. Clay St. Swartz said that the building is expecting to receive its certificate of occupancy in February.
The other two buildings in Scott’s Collection — a 60-unit building at 2900-2904 W. Clay St. and a 72-unit building at 3001-3009 W. Leigh St. — should be completed in June and September, respectively.
Over at 1601 Roseneath Road, Capital Square and South Carolina-based Greystar are underway on a five-story mixed-use project. With 10,000 square feet of commercial space and 350 apartments, the development occupies the entire block bound by MacTavish Avenue, Roseneath Road, West Moore and Norfolk streets.
Swartz said that building is projected to be completed in November.
Capital Square is also teaming up with Maryland-based Lerner Enterprises on another 350 units that would rise on 2.25 acres occupied by the commercial painting company N. Chasen & Son building at 2924 W. Marshall St. That project is still in the planning phase and is aiming for a late 2022 or early 2023 groundbreaking.
All of these projects are progressing as the city has begun soliciting ideas from developers for the Diamond District, the 60 acres of city-owned land surrounding The Diamond. The city issued a request for information at the tail end of 2021 and the solicitation has drawn plenty of interest from developers both local and out-of-town. The initial deadline for the first step of the process is Feb. 15.
Parking spaces?????
Scott’s Addition is the ideal area to NOT cover with bloated parking minimums. It’s a compact area well-serviced by the Pulse. The key will be to expand transit and bike connections so that new residents and visitors find it’s totally doable to get in and out without a car.
Not to mention that many of these new developments are offering on-site parking and bike storage as amenities.
You’re right. Still needs parking for those who don’t live near a Pulse terminal to get there in the first place. Folks who drive into the city to work nearby, play at Top Golf, visit family at The Hermitage, families from the public & private schools dotting the Northside, those who drive in to attend a ball game from Henrico, Chester, etc., or to go Bowtie to meet up for a movie – we need places to park.
there should be a public parking garage in Scott’s addition. Maybe one of the new buildings could be incentivized to include it. But no parking mandates
Parking Garage’s could expand RIchmond’s usable area a lot! Scott’s addition just needs parking garages, trees, and the closure of a couple roads (to car traffic) and it would be perfect.