As a 350-unit apartment project along Roseneath Road in Scott’s Addition nears the finish line, the gears are already turning to bring in hundreds more residents right next door.
Locally based Blackwood Development is planning a 250-unit, mixed-use building at 1701 Roseneath Road.
The 7-story, 48,600-square-foot new-construction project would replace the compound that’s currently home to construction contractor Richmond Machinery & Equipment Co., which spans three buildings along Roseneath Road between Norfolk and Rockbridge streets.
The site is just to the north of The Otis, a city-block-sized mixed-use project from Greystar and Capital Square that’s nearing completion at 1601 Roseneath Road.
Blackwood partner Nolen Blackwood confirmed that the company has the 1.2-acre parcel at 1701 Roseneath under contract but declined to comment further. The property was most recently assessed by the city at $2.5 million.
Blackwood is seeking a special-use permit for the Roseneath project, as the site’s current B-7 Mixed-Use Business District zoning only allows for up to five stories.
“This request represents an ideal urban infill development for this location,” writes attorney Jennifer Mullen of Roth Jackson, Blackwood’s counsel, in their recently filed SUP application.
510 Architects is listed as the building’s designer and Bohler Engineering is its engineer.
It’ll be at least the second project for Blackwood in Scott’s Addition, joining its renovation of the former Infuzion Dance Club building into a Wood & Iron Gameday location at 1403 Roseneath Road.
Other recent projects from Blackwood include Winterfield Crossing in Chesterfield and the Eclipse building in the Fan, anchored by Canon & Draw Brewing Co. Blackwood also is involved in the ongoing redevelopment of the Caravati’s building in Manchester and a new five-story building that’s planned to rise across the street from it.
Of the Roseneath project’s 250 apartments, 200 would be one-bedroom or studio units, with the remainder two-bedrooms. It would be supported by a 226-space parking deck and 24 surface spots, plans show, with amenities including a courtyard and pool. Around 4,000 square feet of commercial space are also included in the plans.
It’s unclear what Richmond Machinery’s plans are once the property sells. The century-old company has owned the Scott’s Addition site for decades.
While Blackwood looks to close on the Richmond Machinery site, another group of local developers recently struck a deal on that same block. Last week, Jeff, Jay and Keith Nichols, owners of the nearby HandCraft building, purchased 1708 MacTavish Ave. for $825,000.
That 0.2-acre site houses a roughly 5,300-square-foot warehouse for electrical contractor PowerTec Inc. and is located behind where Blackwood is planning its project. The plot also is adjacent to a 15,000-square-foot warehouse at 1710 MacTavish Ave., which the Nicholses bought last August for $1.7 million.
Jeff Nichols said it was an investment deal and that they don’t have any immediate redevelopment plans.
The remainder of the block is occupied by a PaperMoon strip club location.
As a 350-unit apartment project along Roseneath Road in Scott’s Addition nears the finish line, the gears are already turning to bring in hundreds more residents right next door.
Locally based Blackwood Development is planning a 250-unit, mixed-use building at 1701 Roseneath Road.
The 7-story, 48,600-square-foot new-construction project would replace the compound that’s currently home to construction contractor Richmond Machinery & Equipment Co., which spans three buildings along Roseneath Road between Norfolk and Rockbridge streets.
The site is just to the north of The Otis, a city-block-sized mixed-use project from Greystar and Capital Square that’s nearing completion at 1601 Roseneath Road.
Blackwood partner Nolen Blackwood confirmed that the company has the 1.2-acre parcel at 1701 Roseneath under contract but declined to comment further. The property was most recently assessed by the city at $2.5 million.
Blackwood is seeking a special-use permit for the Roseneath project, as the site’s current B-7 Mixed-Use Business District zoning only allows for up to five stories.
“This request represents an ideal urban infill development for this location,” writes attorney Jennifer Mullen of Roth Jackson, Blackwood’s counsel, in their recently filed SUP application.
510 Architects is listed as the building’s designer and Bohler Engineering is its engineer.
It’ll be at least the second project for Blackwood in Scott’s Addition, joining its renovation of the former Infuzion Dance Club building into a Wood & Iron Gameday location at 1403 Roseneath Road.
Other recent projects from Blackwood include Winterfield Crossing in Chesterfield and the Eclipse building in the Fan, anchored by Canon & Draw Brewing Co. Blackwood also is involved in the ongoing redevelopment of the Caravati’s building in Manchester and a new five-story building that’s planned to rise across the street from it.
Of the Roseneath project’s 250 apartments, 200 would be one-bedroom or studio units, with the remainder two-bedrooms. It would be supported by a 226-space parking deck and 24 surface spots, plans show, with amenities including a courtyard and pool. Around 4,000 square feet of commercial space are also included in the plans.
It’s unclear what Richmond Machinery’s plans are once the property sells. The century-old company has owned the Scott’s Addition site for decades.
While Blackwood looks to close on the Richmond Machinery site, another group of local developers recently struck a deal on that same block. Last week, Jeff, Jay and Keith Nichols, owners of the nearby HandCraft building, purchased 1708 MacTavish Ave. for $825,000.
That 0.2-acre site houses a roughly 5,300-square-foot warehouse for electrical contractor PowerTec Inc. and is located behind where Blackwood is planning its project. The plot also is adjacent to a 15,000-square-foot warehouse at 1710 MacTavish Ave., which the Nicholses bought last August for $1.7 million.
Jeff Nichols said it was an investment deal and that they don’t have any immediate redevelopment plans.
The remainder of the block is occupied by a PaperMoon strip club location.
Blackwood has certainly stepped up its game in the MF field as of late, dotting the region with apartments. Nolen has taken the company in a different direction than his dad. It’s refreshing to see a son be as successful as his father. Stockton Street is undergoing a major change as Manchester evolves southward.
The Nichols family gambit to develop Handcraft as a commercial only building apparently has paid off dividends for them. More congrats to another homegrown Richmond developer family.
The Diamond District doesn’t have a developer yet but Scotts Addition has many, and they continue the unabated multifamily re-development of Scotts Addition .Blackwood Development is simply the latest local developer to add to the multi family housing stock in the area. The private sector knows how to move forward in a timely fashion.
That’s a cheap shot. Blackwood is just building a standard apartment building and isn’t beholden to anyone. The city is beholden to its constituents and is trying to create something on a much bigger scale physically and culturally.
It’s fair to critique Richmond City’s government and, as a city resident I agree, they deserve it on many fronts. However the comparison of a 60+ acre property with one block is foolish.
The only thing I know about real estate is that I live in a house. However, I don’t think the comment is foolish. I’m sure with Brian’s years of expertise in the field, he knows the difference between a seven story building a the redevelopment of the Diamond District. But there is a sharp contrast. I don’t think that whatever the context, it would be foolish to suggest that the city moves slowly. I’ve been hearing about a new ball park almost from the day the Diamond opened (it seems). Is it jut my imagination or did Howard Carwile first… Read more »