The 0.1-acre parcel at 1505-1507 W. Cary St. was bought for $825,000 by an investor who wants to build four apartments on the vacant lot.
Residential Real Estate
Scott’s Addition building owners get quadruple return after 3 years
Kayla and Aaron Williams, who own Ironwood Automotive, bought their 1704 Belleville St. location for $490,000 in 2019 and sold it this month for $2 million.
Project Snapshot: Hundreds of homes rising along I-95 near GreenCity site
Stanley Martin Homes’ massive ReTreat at One is one of two projects it has along the interstate. The builder is also starting on townhomes at VCC.
Top 5: Windsor Farms home leads January sales with $2.5M price
The sellers bought another West End home that came in at No. 2 among last year’s top sales. Meanwhile, the sellers of that home return as buyers on this list.
Marchetti-led group plans 10-story tower across from Libbie Mill
The building would be among the tallest residential structures in Henrico County, nearly rivaling the 12-story 5100 Monument Ave. condos tower beside Willow Lawn.
White Oak-area apartment complex fetches record-setting $154M
The nearly 1,200-unit complex last sold in 2013 at a foreclosure auction for $35 million. This latest purchase was the highest price ever paid in Henrico.
Which development firms are eyeing Diamond District? Here’s a rundown
Firms from as far as New York, San Francisco, Texas and Toronto are among more than 100 that have shown interest in redeveloping the area around The Diamond.
Henrico supervisors OK 1,600-home Avenlea development in Short Pump
The project is the biggest yet for Henrico-based Eagle Construction of VA, which also is seeking approvals for hundreds of homes nearby in Goochland County.
The Agenda: Local government briefs for 1.31.22
Zoning for nearly 2,000 new homes near Short Pump is approved, hundreds of townhomes are OK’d in Chesterfield, and there’s a meeting on the proposed Upper Magnolia rezoning.
Long & Foster real estate team acquires peer, expands footprint
The deal for Heirloom Realty Group adds 13 people to The Yeatman Group, which now totals 66 with 55 agents and 11 support staff.