Efforts to transition the decades-old complex into a so-called 55-and-up “active adult” community include upgrades and new amenities.
Jonathan Spiers
International Mission Board plans 263 apartments by Monument Ave. HQ
The Richmond-based missionary group is seeking a permit for two five-story buildings that would fill a surface parking lot and replace an office building.
Henrico apartment complex sells for $35M via endangered 1031 exchange
Capital Square’s sale of the Maple Springs Apartments was its latest involving the tax-deferrable investment property swaps, which would be cut under the proposed American Families Act.
Salomonsky plans 12-story tower on Weiman’s Bakery site in Shockoe
The local developer wants to build a mixed-use development with 145 apartments on the half-acre site, some of which could be designated as short-term rental units.
The Pitch: Advertising and marketing news for 5.11.21
Farmers’ markets get branding assists from local agencies, a cryptocurrency exchange operator hires a downtown firm, and a production studio shoots videos for two Richmond musicians.
Mansion on Goochland golf course was among top home sales in April
The month was the first this year without a residential real estate deal at or above $2 million, and was led by a local couple’s $1.76 million transaction.
Project Snapshot: Demolition starts for new Sphere apartments near VUU
Site work is underway for the $34 million, 224-unit complex to be fitted between the Brook Road post office and adjacent Spectrum apartments.
Sale of former driving range and golf course tees up $160M development
The $7 million purchase of the former Oasis Sports Park just east of Cosby High School sets the stage for Main Street Homes to expand its development.
Rebkee reworks plans for John Rolfe Parkway site
The developer had previously proposed 225 apartments but is now planning 81 townhomes at John Rolfe’s intersection with Pump and Church roads.
Immunity research firm Aditxt to invest $31.5M in new downtown lab
The company is taking 25,000 square feet at VA Bio+Tech Park, which is reworking its plan for a new research building nearby.