In an interview Monday, officials said the soonest that shovels could get in the ground would likely be early next year, meaning the $2.4 billion project’s centerpiece baseball stadium could not be completed before a 2025 deadline.
Colonial Homecrafters recently listed new homes to be built on the last two lots available on Sloman Place, a cul-de-sac in Riverlake Colony where one of its previous homes was put under contract at a similar price range.
The regional food bank paid seven figures for the 9-acre site on Villa Park Drive, where it’s planning a new $40 million facility to replace its current headquarters near The Diamond.
The modern-design, “chalet-style” homes would rise uphill from the warehouse and fill out the 4.5-acre property that the beermaker bought in 2016.
The change would not remove existing parking or prohibit owners from providing parking on their properties, but rather allow them to determine how much parking is needed based on the market and neighborhood conditions.
A site on Semmes Avenue attracted the most bids, while a triangular-shaped lot near St. Christopher’s received two, including a community garden proposal from the school’s foundation.
Situated on a bluff at the end of a cul-de-sac, the house is near the Carillon and just downriver from the arched James River Railway Bridge, which listing agent Doug Dorsey said factored into its design.
Behind the project is Crescent Communities subsidiary Axial Industrial, which also is pursuing a pair of warehouses near the Project Rocky site in Goochland.
The 310-unit project is the first in the Richmond market for Bainbridge Cos., a 26-year-old company that has developed thousands of apartments in Florida and up the East Coast.
Three downtown firms team up on a national beer brand spot, a local studio co-produces state tourism videos, and the state lottery releases a new campaign. (BizSense Pro subscription required)
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