As it buys up more lots for a townhome infill in Innsbrook, one of the area’s biggest residential developers has lined up land for a 140-home project in South Richmond.
Late last month, HHHunt paid $1.23 million for a 22-acre site at Hopkins and Warwick roads, where it’s planning a mix of houses and townhomes that will make up a community called Kinwick.
The transaction closed June 29, according to city records.
The site is across Hopkins from Thomas C. Boushall Middle School and consists of three parcels, which the city had assessed at just over $1 million collectively. The bulk of the land had been owned by members of the Wingo family, property records show.
Kinwick will be one of HHHunt’s first communities in South Richmond, according to the website for the company’s HHHunt Communities division. The company also built homes at Governor’s Retreat, a subdivision developed by Jackie Colson that’s off Walmsley near Chippenham Parkway.
A rezoning for Kinwick was approved by Richmond City Council last summer, with Hirschler attorney Jeff Geiger representing HHHunt. Jonathan Ridout, vice president of business development and general manager for HHHunt Communities, said development plans are under review and site work could start next year.
“We’re hoping to get plan approvals later this year and potentially start construction spring of next year,” Ridout said. “We think there will be great demand for (the product) and it’s going to be a nice little project.”
The houses will range in size from 1,600 to 3,000 square feet and up, with three to five bedrooms, first-floor primary bedrooms and two-car garages. The two-story townhomes will start at about 1,300 square feet and include two to three bedrooms and assigned parking. HHHunt Homes is the builder.
A conceptual site plan shows 20 houses lining the southern and eastern edges of the site, while the bulk of the site will be filled with the for-sale townhomes. Existing trees and vegetation in the northern part of the property along Warwick Road are to be preserved.
Ridout said the homes will be priced at market rate, with the houses targeted to start in the low $300,000s and the townhomes in the mid- to upper-$200,000s.
He put the overall project cost at $9.8 million. He said completion is targeted for 2027.
A week before its Kinwick transaction, HHHunt closed June 22 on a nearly $1.6 million purchase for 12 townhome lots in Innsbrook, where it’s building 58 for-sale units as part of Dominion Realty Partners’ infill development at 5000 Dominion Blvd.
The purchase adds to 13 lots that HHHunt purchased from DRP last December. It paid $1.69 million for that group, county property records show.
All of the lots were assessed by Henrico at $145,000 each, bringing the combined assessed value for the 13-lot group to $1.8 million and the 12-lot group to $1.74 million.
The townhomes will rise beside a 305-unit apartment building that DRP is constructing beside Dominion Energy’s recently expanded Innsbrook Technical Center. The $80 million apartment building is designed by Atlanta-based Rule Joy Trammell + Rubio and slated for buildout in 2024.
Ridout said the townhomes will range from about 2,000 to 2,100 square feet with two to four bedrooms and outdoor terrace spaces. Prices will range from about $505,000 to $530,000.
He said the first cluster is complete with some units under contract and set to close soon. A model unit opened this month, and he said, a lunch event for Dominion Energy workers brought out about 160 people.
HHHunt also is signed on to build hundreds of new homes as part of Sauer Properties’ 93-acre development near Virginia Center Commons. It’s also working on plans for a 400-home first phase of The Aire at Westchester Commons, a mixed-use project to consist of more than 2,000 homes. Ridout said approvals for the first phase could come this year, with work getting under way next year.
As it buys up more lots for a townhome infill in Innsbrook, one of the area’s biggest residential developers has lined up land for a 140-home project in South Richmond.
Late last month, HHHunt paid $1.23 million for a 22-acre site at Hopkins and Warwick roads, where it’s planning a mix of houses and townhomes that will make up a community called Kinwick.
The transaction closed June 29, according to city records.
The site is across Hopkins from Thomas C. Boushall Middle School and consists of three parcels, which the city had assessed at just over $1 million collectively. The bulk of the land had been owned by members of the Wingo family, property records show.
Kinwick will be one of HHHunt’s first communities in South Richmond, according to the website for the company’s HHHunt Communities division. The company also built homes at Governor’s Retreat, a subdivision developed by Jackie Colson that’s off Walmsley near Chippenham Parkway.
A rezoning for Kinwick was approved by Richmond City Council last summer, with Hirschler attorney Jeff Geiger representing HHHunt. Jonathan Ridout, vice president of business development and general manager for HHHunt Communities, said development plans are under review and site work could start next year.
“We’re hoping to get plan approvals later this year and potentially start construction spring of next year,” Ridout said. “We think there will be great demand for (the product) and it’s going to be a nice little project.”
The houses will range in size from 1,600 to 3,000 square feet and up, with three to five bedrooms, first-floor primary bedrooms and two-car garages. The two-story townhomes will start at about 1,300 square feet and include two to three bedrooms and assigned parking. HHHunt Homes is the builder.
A conceptual site plan shows 20 houses lining the southern and eastern edges of the site, while the bulk of the site will be filled with the for-sale townhomes. Existing trees and vegetation in the northern part of the property along Warwick Road are to be preserved.
Ridout said the homes will be priced at market rate, with the houses targeted to start in the low $300,000s and the townhomes in the mid- to upper-$200,000s.
He put the overall project cost at $9.8 million. He said completion is targeted for 2027.
A week before its Kinwick transaction, HHHunt closed June 22 on a nearly $1.6 million purchase for 12 townhome lots in Innsbrook, where it’s building 58 for-sale units as part of Dominion Realty Partners’ infill development at 5000 Dominion Blvd.
The purchase adds to 13 lots that HHHunt purchased from DRP last December. It paid $1.69 million for that group, county property records show.
All of the lots were assessed by Henrico at $145,000 each, bringing the combined assessed value for the 13-lot group to $1.8 million and the 12-lot group to $1.74 million.
The townhomes will rise beside a 305-unit apartment building that DRP is constructing beside Dominion Energy’s recently expanded Innsbrook Technical Center. The $80 million apartment building is designed by Atlanta-based Rule Joy Trammell + Rubio and slated for buildout in 2024.
Ridout said the townhomes will range from about 2,000 to 2,100 square feet with two to four bedrooms and outdoor terrace spaces. Prices will range from about $505,000 to $530,000.
He said the first cluster is complete with some units under contract and set to close soon. A model unit opened this month, and he said, a lunch event for Dominion Energy workers brought out about 160 people.
HHHunt also is signed on to build hundreds of new homes as part of Sauer Properties’ 93-acre development near Virginia Center Commons. It’s also working on plans for a 400-home first phase of The Aire at Westchester Commons, a mixed-use project to consist of more than 2,000 homes. Ridout said approvals for the first phase could come this year, with work getting under way next year.
Now that the City of Richmond has a new source of Tax Revenue about to be built they can splurge on building 6 foot wide sidewalks on Bells Road and Belt Boulevard.
But this is good for the health of the city to have all these town homes added to this part of the city.
For the numerous naysayers that post at Richmond Biz, if anyone would have told you that a builder of this stature would be building for sale housing in South Richmond just a few years ago, you would have laughed them out of the room. Enough already with the references 6th Street Marketplace. That was during the Reagan administration for crying out loud. Yes we have problems, but we have a better set of problems and that is essentially progress. Lots of work to be done and we could certainly do a better job of communicating with the citizens of the… Read more »
Sorry Carl, my comment wasn’t supposed to be a reply to your comment.
It’s ok.
I’m glad the City of Richmond is growing and adding new housing and people. I was around in the 1990’s and it was pretty bad in Richmond were it was all off limits. But a lot of those run down areas are being rebuilt like Manchester which I find impressive.