The developer isn’t letting rising interest rates slow it down as it proposes a 301-unit apartment building at 900 N. Allen Ave., next to the Lowes off Broad Street.
Spy Rock planning something big in Newtowne West neighborhood
Residential Real Estate
Windsor Farms mansion changes hands between retired execs in $3.2M deal
The buyer is a former VP with Universal Corp. who bought the 10,000-square-foot house across from Agecroft Hall from a former Dominion Energy CEO.
First phase nears completion at $500M retirement development in Goochland
Erickson Senior Living’s Avery Point is planned to eventually have 1,400 units across its 94 acres. Phase two is already under construction.
Saint Gertrude apartment conversion, 7-story apartment building in Scott’s Addition get City Council approval
Blackwood Development and SNP Properties got the SUPs needed to respectively move forward with building a 244-unit apartment building on Roseneath Road and transforming the former private school building into 39 residential units.
Spy Rock drops $5M for 2-acre Dabney Road site
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.
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.