A site plan for Helios Apartments shows the two apartment buildings and adjacent solar panels that would power the units. (Henrico County documents)
$33M in bonds for solar-powered apartment project on Henrico agenda
Henrico supervisors meet in regular session Tuesday at 7 p.m. Full agenda here.
Public hearing items include a resolution for the issuance of $33 million in bonds to support Spy Rock Real Estate Group and Crescent Development’s planned Helios Apartments, a 186-unit income-based complex with an adjacent solar field in the works for a 6-acre site at 5701 Chamberlayne Road and 5700 Crenshaw Road.
The bonds would by Harrisonburg Redevelopment and Housing Authority, as Henrico does not have a housing authority. The resolution states that the Richmond-based developers plan to spend $260,000 per unit on labor and material to construct the apartments, or a total of more than $48 million.
County rolls out final phase of ‘Build Henrico’ online development portal
Henrico County has rolled out the final phase of its Build Henrico online platform with services related to permitting and building inspections. Henrico residents and the development community now can use the platform to submit plans, receive and review comments, apply for a property rezoning and conduct other development-related business.
A planning and development section launched Nov. 14, wrapping up a multiyear effort to provide a web-based system for services that historically have been conducted in person and reliant on paper transactions.
Build Henrico launched in 2021 with an online reporting system for zoning code enforcement and neighborhood concerns and was updated last year with additional features enabling builders to complete tasks such as applying for building, electrical and other permits, estimating fees, requesting inspections and acquiring certificates of occupancy. The Build Henrico website is accessible here.
Chesterfield renews redevelopment grant program for projects on Route 1
Chesterfield supervisors this month extended the expiration date of a program that’s intended to spur redevelopment projects along Route 1 in the county.
The Route 1 Revitalization Incentive Program, which provides performance-based grants for approved projects in the Route 1 corridor between the city limits and Old Bermuda Hundred Road, has been extended to Dec. 31, 2025.
Eligible projects have to represent a minimum investment of $10 million and meet goals stated in the Northern Jefferson Davis Special Area Plan, a county plan that guides development and growth for the corridor.
The program was first approved in June 2019. While there are several ongoing and eligible projects, none have been completed yet. That led county staff to suggest the program be extended to allow more time for those projects to finish. Other projects that want to be considered for the program need to file their plans of development by June 30, 2024.
Approved projects get 80 percent of the incremental real estate tax revenue they create with new development as a grant for the first seven years of a 10-year period. Lower percentages are awarded for the last three years of the 10-year grant, according to a staff memo.
Richmond adopts Shockoe Small Area Plan
A map of the plan’s study area, outlined in red. The area includes properties planned for the Shockoe Bottom Heritage Campus, which is prominent in the plan. (City documents)
The Richmond Planning Commission last week adopted the Shockoe Small Area Plan, a 150-page document in the works since 2020 that’s meant to supplement the citywide Richmond 300 plan.
Focusing on Shockoe Bottom and the eastern edge of Shockoe Slip, the plan provides a guide for development centered on the planned Shockoe Bottom Heritage Campus that’s envisioned to be anchored by a national slavery museum. It also documents cultural resources and the area’s history as both the origin of Richmond and the second-largest slave-trading hub in the country.
The plan can be viewed on the city’s website.
A site plan for Helios Apartments shows the two apartment buildings and adjacent solar panels that would power the units. (Henrico County documents)
$33M in bonds for solar-powered apartment project on Henrico agenda
Henrico supervisors meet in regular session Tuesday at 7 p.m. Full agenda here.
Public hearing items include a resolution for the issuance of $33 million in bonds to support Spy Rock Real Estate Group and Crescent Development’s planned Helios Apartments, a 186-unit income-based complex with an adjacent solar field in the works for a 6-acre site at 5701 Chamberlayne Road and 5700 Crenshaw Road.
The bonds would by Harrisonburg Redevelopment and Housing Authority, as Henrico does not have a housing authority. The resolution states that the Richmond-based developers plan to spend $260,000 per unit on labor and material to construct the apartments, or a total of more than $48 million.
County rolls out final phase of ‘Build Henrico’ online development portal
Henrico County has rolled out the final phase of its Build Henrico online platform with services related to permitting and building inspections. Henrico residents and the development community now can use the platform to submit plans, receive and review comments, apply for a property rezoning and conduct other development-related business.
A planning and development section launched Nov. 14, wrapping up a multiyear effort to provide a web-based system for services that historically have been conducted in person and reliant on paper transactions.
Build Henrico launched in 2021 with an online reporting system for zoning code enforcement and neighborhood concerns and was updated last year with additional features enabling builders to complete tasks such as applying for building, electrical and other permits, estimating fees, requesting inspections and acquiring certificates of occupancy. The Build Henrico website is accessible here.
Chesterfield renews redevelopment grant program for projects on Route 1
Chesterfield supervisors this month extended the expiration date of a program that’s intended to spur redevelopment projects along Route 1 in the county.
The Route 1 Revitalization Incentive Program, which provides performance-based grants for approved projects in the Route 1 corridor between the city limits and Old Bermuda Hundred Road, has been extended to Dec. 31, 2025.
Eligible projects have to represent a minimum investment of $10 million and meet goals stated in the Northern Jefferson Davis Special Area Plan, a county plan that guides development and growth for the corridor.
The program was first approved in June 2019. While there are several ongoing and eligible projects, none have been completed yet. That led county staff to suggest the program be extended to allow more time for those projects to finish. Other projects that want to be considered for the program need to file their plans of development by June 30, 2024.
Approved projects get 80 percent of the incremental real estate tax revenue they create with new development as a grant for the first seven years of a 10-year period. Lower percentages are awarded for the last three years of the 10-year grant, according to a staff memo.
Richmond adopts Shockoe Small Area Plan
A map of the plan’s study area, outlined in red. The area includes properties planned for the Shockoe Bottom Heritage Campus, which is prominent in the plan. (City documents)
The Richmond Planning Commission last week adopted the Shockoe Small Area Plan, a 150-page document in the works since 2020 that’s meant to supplement the citywide Richmond 300 plan.
Focusing on Shockoe Bottom and the eastern edge of Shockoe Slip, the plan provides a guide for development centered on the planned Shockoe Bottom Heritage Campus that’s envisioned to be anchored by a national slavery museum. It also documents cultural resources and the area’s history as both the origin of Richmond and the second-largest slave-trading hub in the country.
The plan can be viewed on the city’s website.