In one of the priciest home sales in the Richmond area in some time, a nearly 80-year-old home near the University of Richmond was purchased in June for $5.5 million by the son of a prominent local businessman.
Residential Real Estate
Next stage of Rocketts Landing preparing for takeoff
Some of the 47 new townhomes will be similar to those built in 2014, with three-bedroom units 20 feet in width and ranging in size from 1,800 to 2,100 square feet.
Royall mansion reduced in price
A mansion for sale in Richmond’s West End just got more affordable – by about $1 million.
Mooreland Landing house tops June home sales
The five-bedroom, 5 1/2-bathroom home went under contract in March within a month of its listing, said listing agent Richard Bower of Joyner Fine Properties.
Libbie condo project gets a lifeline, but financing questions remain
A federal bankruptcy judge on Wednesday approved a plan for interim financing for The Tiber, a high-end condo development that’s been in limbo at Libbie and Guthrie avenues since a dispute arose between its owners and general contractor.
Tobacco Row tower condos hit market
A new condominium tower planned at the end of Tobacco Row is hitting the market, even before the $10 million project has received city approval.
Warehouse conversion plan deferred after state calls tax credit scenario ‘disturbing’
A $15 million bid to make apartments out of a century-old warehouse near the Diamond is being given a second look after state regulators called part of the plan “very disturbing.” The Richmond Planning Commission’s endorsement last week of the proposal by developers Louis Salomonsky and David White to convert the warehouse at 1650 Overbrook… Read more »
Townhomes planned for Southside city tract
A Mechanicsville developer is cooking up a baker’s dozen of townhomes inside city limits. Youngblood Properties filed plans this month to build 13 attached single-family homes at 2940 Cherokee Road, a 1.5-acre site in Stratford Hills, east of Stony Point Fashion Park and west of the Forest Hill neighborhood. The development is tentatively called Cherokee… Read more »
Huntt’s Row finishes up, TriBeCa fills out
Huntt’s Row, a cluster of eight row houses and two condos, held an open house last week to mark the completion of its model, as well as its first sale.
Fan adds 25 renovated apartments
A Grace Street property built in the 1800s has gotten a 21st century upgrade. Thalhimer Realty Partners, the development and investment arm of local real estate firm Cushman & Wakefield | Thalhimer, this month completed the transformation of 1142 W. Grace St. into a 25-unit apartment building dubbed the Columbia Apartments. The two-story building was… Read more »