The senior care facility will be adding 118 apartments. They are already 96 percent presold with 10 percent deposits, mostly to households on a waiting list.
New apartments next for $200M expansion underway at Westminster Canterbury
Residential Real Estate
Work starts on $23M apartment conversion of former nursing home site
Richmond and Henrico County set the stage for the 86-unit project three years ago, when they approved up to 105 units.
Thalhimer Realty Partners keeps deals flowing amid Diamond District pitch
The company in recent weeks sold a mixed-use complex near VCU, bought land in Petersburg and began demolition on the old Wesco site on Arthur Ashe Boulevard.
May home sales led by two $3M deals, including 19th century riverside estate
The top sale was a multiparcel purchase that included Mt. Bernard, while the second was a home that had been owned by Stanley and Dorothy Pauley.
Sale price for Chesterfield apartment complex nearly doubled in five years
In 2017, the 320-unit Hunter’s Chase complex sold for $42 million. Late last month, it sold for $79.2 million.
Mansion on Swift Creek Reservoir hits market, private island included
The 6,800-square-foot house, listed for $2.1 million, was once tied to a nearby weddings and events venue that closed in January.
Blackwood Development plans 7-story building in Scott’s Addition
The local developer wants to build a 250-unit, mixed-use building from scratch on the site currently occupied by Richmond Machinery & Equipment Co.
Model Tobacco developer sued by two investors who claim fraud
As work continues on the redevelopment of the Art Deco-style former tobacco factory in South Richmond, they seek a jury trial and damages of at least $4 million from Chris Harrison.
Chesterfield OKs plan to redevelop Rockwood Square shopping center
Supervisors gave Stanley Martin Homes the green light to build 322 condominiums and townhomes on a 25-acre site currently occupied by the main retail strip and Rockwood Golf Park.
Retired Altria executive lists Varina estate with 9-acre pond for $4.3M
Eberhard Pond, which includes a 7,300-square-foot house and the namesake pond, is one of the pricier residential listings to hit the local real estate market so far this year.