The now-vacant Windsor Senior Living complex will be razed in favor of a six-story apartment project from a Georgia-based developer.
Former Grove Ave. assisted living facility to make way for 260-unit development
Residential Real Estate
With pedestrians in mind, CCV acquires home at St. Andrews and Three Chopt
“The acquisition of the property was opportunistic and not the product of a strategy of the club to acquire property near the club,” it said in a recent letter to members.
Developer Bank Street Advisors adds to downtown holdings with two more deals
The firm already is planning an 8-story apartment building at 219 W. Broad St. and just bought the former Richmond Camera building a few doors down and another a block over on Grace Street.
Unanimous council vote approves Diamond District development plan
While a needed seven-vote majority seemed to be secured going into Monday’s meeting, the vote was uncertain and displayed a coming together among councilmembers who have been divided on past proposals.
Stratford Hills apartments sell for $76M
The 430 units were built in the 1960s. The sale price comes out to just over $177,900 per door, considered to be the priciest Richmond has seen for a property of that age.
‘North End’ Innsbrook site sells to New England developer for $23M
Highwoods Properties sold the bulk of the 34-acre assemblage to developer Northland, which envisions apartments, condos, retail space and a hotel. Highwoods is still planning office space for its remaining portion of the site.
Downtown’s Wytestone Plaza office building to be converted into apartments
The 17-story, 1960s-era building is now eligible for historic tax credits, giving owner The Vakos Cos. an opening turn it into 300 apartments.
Settlement reached in second lawsuit between Long & Foster and SRMF
Terms of the settlement were not disclosed and end an on-again, off-again legal dispute that stems from the defection of SRMF principals and former Long & Foster executives Scott Shaheen, Scott Ruth, John Martin and Mahood Fonville in 2017.
NoVA-based firm buys fourth apartment building in Richmond in two months
Pinpoint Real Estate Partners bought three properties last month and another earlier this month. To date, it’s spent nearly $40 million on 185 units in the city.
20-story apartment tower, 6-story office building planned for Southern States silos site
Upon demolishing the old silos later this year, Hourigan Development is planning to construct what will be among the tallest residential buildings to be built in the city in recent years.