The deal gives the local developer a piece of the evolving Westwood area just west of Scott’s Addition, where it’s planning a mixed-use building with 245 apartments.
Residential Real Estate
Local real estate investor sentenced to 41 months in prison for $1M PPP fraud
Moe Mathews, the real estate agent, house flipper and former U.S. Marine, will start his prison term Nov. 9 at FCI Petersburg.
Chesterfield weighing residential reuse of former elementary school
County officials have pitched a conceptual plan for the former Matoaca Elementary School that includes apartments for seniors and single-family homes. The school closed in spring 2021.
Goochland spec house sells for $2.6M in September’s top deal
The colonial-style house by local builder Rhett Starke and architect Robert Steele stands out for its copper roof and gutters.
Land deals for downtown YMCA apartments give parking lot to Jefferson Hotel owner
It isn’t clear whether the lot could factor into Bill Goodwin’s plan to demolish the neighboring Second Baptist Church building.
Six-story apartment building planned beside Willow Lawn on city-county line
Local developer Scott Boyers is behind the endeavor, which would replace a 60-year-old office building on Augusta Avenue.
Firm pays nearly $6M per acre for riverfront Manchester site next to Legend Brewing Co.
New York-based Avery Hall Investments dropped a record-setting price for the property. The sellers managed to flip it for twice what they paid two years ago.
$45M project would replace Oak Grove Elementary with mixed-income housing
Lynx Ventures and the Maggie Walker Community Land Trust are behind the project, which would consist of 240 apartments and 15 for-sale units targeted to lower-income households.
Hotel executive lists CCV-area home for $4.2M
Rosewood, built in 1910, is described as one of the first homes built in the Three Chopt area on one of the larger lots to be found along the corridor near the Country Club of Virginia and the University of Richmond.
Better Housing Coalition breaks ground on $45M addition to Winchester Greens campus
CEO Greta Harris called Winchester Forest one of BHC’s “COVID babies” that got caught up with supply chain issues and cost increases fueled by the pandemic.