River City Blues Realty, a brokerage led by Smitty Smith, has joined United Real Estate Richmond and formed RVA Blue Realty, a team that will operate under the United umbrella.
The river-fronting property at 8703 River Road is immediately east of the Roslyn Retreat Center. The listing and the sale are among the biggest seen in metro Richmond in recent years.
Listed in 2023 as a 4,000-square-foot plan, the house ended up nearly double that size due to options and changes requested by the buyers over the course of construction, agent Beth Lane said.
Called The Crossings at Mulberry, the 16-acre development by StyleCraft Homes will total 160 townhomes, with 25 of those priced for lower-income buyers through Henrico’s housing trust fund.
Ryan Homes has started construction on Fairways, the 290-home redevelopment of the former public golf course by local development firm Godsey Properties.
The site is part of the Tuckahoe Creek Service District, and is located in a “designated major growth area.”
McShay Communities has started going vertical on Kings Park, a 20-lot subdivision a couple miles east of Chesterfield County Airport. The 30-year-old firm is expanding from Alexandria.
A holdout among the sprawl between Short Pump and Wyndham, the 9-acre site along Pouncey Tract Road has been under the same ownership since 1980, when it was last purchased for $22,000.
HBAR’s latest annual rankings show the 10 busiest firms in the region last year built 10 more homes than the previous year but saw their combined sales volume increase by $100 million.
“Quite candidly, we’re at the end of the useful life of that building,” said CEO Chris Henderson of Pinnacle Living, which is planning an overhaul of the retirement community in Northside.
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