The four-story, 410-bed housing complex will be overhauled for the first time since it was built in 2003.
Residential Real Estate
HHHunt Homes is picking up a section of Giles, joining Ryan Homes in the nearly 450-home development by East West Communities and Willie Goode.
Cory Weiner wants to build two separate buildings at 310 and 322 that will add a total of 12 apartments and 7,000 square feet of commercial space.
WestRock chairman John Luke’s former riverfront home known as the Oklea estate was the most expensive but the Greenview estate a few miles north was No. 3.
The sale of the 66-unit complex marks the highest per-door deal Petersburg’s seen in recent years, fetching over $110,000 per door.
“We’ve had offers on this golf course before. It’s far from a done deal,” said Harry Griffin, co-owner of the oldest public golf course in metro Richmond.
Boxwood’s former office at 2413 Ownby Lane sold for $2.2 million to Spy Rock and StyleCraft, which will develop 32 “two-over-two” townhomes on the site.
The Holly Springs and Swansboro units will each get $74,000 worth of upgrades, including new heating, air, plumbing, electrical systems and renovated kitchens.
One commissioner dissented based on neighbors’ concerns that the development would be taller than the Richmond 300 plan recommends.
Schell Brothers, which in 2018 filed plans for more than 500 homes on 218 acres, has since expanded the development to 669 homes on 250 acres.