Apartment buildings are filling out the old Henrico Plaza Shopping Center site on Mechanicsville Turnpike, beside the Glen Lea Shopping Center at Laburnum Avenue, visible at top left. (KBS photos)
The long-empty site of the former Henrico Plaza Shopping Center on Mechanicsville Turnpike is filling up with a variety of new buildings that will house hundreds of residences.
Springdale Park, one of the latest collaborations between Spy Rock Real Estate and Crescent Development, is taking shape on the 27-acre site just north of Laburnum Avenue.
General contractor KBS is constructing the project’s eight three-story apartment buildings that will house 300 units, as well as a four-story building fronting Mechanicsville Turnpike that will house 165 age-restricted units for residents 55 and up. The apartments will range from one to three bedrooms and surround a 1-acre central greenspace and 5,000-square-foot clubhouse with fitness center, pool, playground and dog park.
Rounding out the development are 115 two- and three-story townhomes from StyleCraft Homes, along with two commercial outparcels that are planned to total 13,000 square feet near the neighboring Glen Lea Shopping Center.
A four-story building that will house age-restricted units is beginning to take shape alongside Mechanicsville Turnpike.
Crescent principal Zac Frederick said they have tenants lined up for the commercial spaces but declined to name them at this time. A building that housed a Firestone auto center and Anthony’s Italian Restaurant has been demolished.
Crescent and Spy Rock purchased the land in February 2022, about a year after Henrico supervisors approved zoning for the project. County property records show the developers paid $4.5 million for the site, 3 acres of which are now owned by StyleCraft for its Reserve at Springdale Park townhome section.
The land had been assessed in 2021 at $1.96 million. The county in January assessed the partly improved parcels that make up the site at $7.7 million combined.
Zac Frederick
Frederick said the project is about a year into development and on schedule for the first homes to be completed in five to eight months.
“Everything’s going great and on time. We’re looking forward to being able to deliver as scheduled,” he said.
Michael Stephens, KBS’s project manager for Springdale Park, said the apartments and age-restricted units are about 40 percent complete. He said KBS is targeting this summer for units to start turning over, with full completion anticipated in January 2024.
Stephens said weather conditions and supply chain issues have made the project challenging.
“We experienced a very wet winter that challenged us to maintain site access across the large property and keep up with the installation of utilities and roads,” he said. “We also continue to experience the lingering effects of supply chain issues, in particular electrical service equipment needed to provide power to the buildings.”
Stephens said the project also involved a challenging installation of a 2,400-foot-long offsite sewer line and new traffic signalization on Mechanicsville Turnpike.
The apartments are filling the center of the site, while the townhomes will be grouped on the west side of the site, beside existing subdivisions.
A project cost for Springdale Park wasn’t provided. Poole & Poole Architecture was the designer, and E.D. Lewis & Associates was the engineer. Cite Design handled land planning.
SteelHead Management is signed on as the property manager. The Richmond-based firm manages Spy Rock’s and Crescent’s other local developments that include The Preserve at Scott’s Addition, The Oliver in Shockoe Valley and The Westbrook at Brewers Row near Hardywood.
Spy Rock and Crescent are also looking to develop the former Days Inn of Richmond site on Chamberlayne Road with 186 lower-income apartments powered by an adjacent solar field.
Apartment buildings are filling out the old Henrico Plaza Shopping Center site on Mechanicsville Turnpike, beside the Glen Lea Shopping Center at Laburnum Avenue, visible at top left. (KBS photos)
The long-empty site of the former Henrico Plaza Shopping Center on Mechanicsville Turnpike is filling up with a variety of new buildings that will house hundreds of residences.
Springdale Park, one of the latest collaborations between Spy Rock Real Estate and Crescent Development, is taking shape on the 27-acre site just north of Laburnum Avenue.
General contractor KBS is constructing the project’s eight three-story apartment buildings that will house 300 units, as well as a four-story building fronting Mechanicsville Turnpike that will house 165 age-restricted units for residents 55 and up. The apartments will range from one to three bedrooms and surround a 1-acre central greenspace and 5,000-square-foot clubhouse with fitness center, pool, playground and dog park.
Rounding out the development are 115 two- and three-story townhomes from StyleCraft Homes, along with two commercial outparcels that are planned to total 13,000 square feet near the neighboring Glen Lea Shopping Center.
A four-story building that will house age-restricted units is beginning to take shape alongside Mechanicsville Turnpike.
Crescent principal Zac Frederick said they have tenants lined up for the commercial spaces but declined to name them at this time. A building that housed a Firestone auto center and Anthony’s Italian Restaurant has been demolished.
Crescent and Spy Rock purchased the land in February 2022, about a year after Henrico supervisors approved zoning for the project. County property records show the developers paid $4.5 million for the site, 3 acres of which are now owned by StyleCraft for its Reserve at Springdale Park townhome section.
The land had been assessed in 2021 at $1.96 million. The county in January assessed the partly improved parcels that make up the site at $7.7 million combined.
Zac Frederick
Frederick said the project is about a year into development and on schedule for the first homes to be completed in five to eight months.
“Everything’s going great and on time. We’re looking forward to being able to deliver as scheduled,” he said.
Michael Stephens, KBS’s project manager for Springdale Park, said the apartments and age-restricted units are about 40 percent complete. He said KBS is targeting this summer for units to start turning over, with full completion anticipated in January 2024.
Stephens said weather conditions and supply chain issues have made the project challenging.
“We experienced a very wet winter that challenged us to maintain site access across the large property and keep up with the installation of utilities and roads,” he said. “We also continue to experience the lingering effects of supply chain issues, in particular electrical service equipment needed to provide power to the buildings.”
Stephens said the project also involved a challenging installation of a 2,400-foot-long offsite sewer line and new traffic signalization on Mechanicsville Turnpike.
The apartments are filling the center of the site, while the townhomes will be grouped on the west side of the site, beside existing subdivisions.
A project cost for Springdale Park wasn’t provided. Poole & Poole Architecture was the designer, and E.D. Lewis & Associates was the engineer. Cite Design handled land planning.
SteelHead Management is signed on as the property manager. The Richmond-based firm manages Spy Rock’s and Crescent’s other local developments that include The Preserve at Scott’s Addition, The Oliver in Shockoe Valley and The Westbrook at Brewers Row near Hardywood.
Spy Rock and Crescent are also looking to develop the former Days Inn of Richmond site on Chamberlayne Road with 186 lower-income apartments powered by an adjacent solar field.