More than 500 short-term rentals remain active in the city, but only 14 are considered legal and in compliance with the rules.
Richmond starts process to revise Airbnb-style home rental rules
Residential Real Estate
Project Snapshot: Scott’s Addition edition
More than 1,300 new apartments are in the works in the neighborhood. Many will be completed this year and others will break ground in the coming months.
Frank Cava’s ‘100 Affordable’ initiative aims to build low-income rental homes
“I’ve been sitting on these lots quite some time, but now I can build them and rent them affordably,” the Richmond real estate investor said.
Joyner moving HQ to Reynolds Crossing
The Virginia Credit Union-owned real estate brokerage is relocating two miles south from its longtime home base off West Broad Street.
An Eck of a deal: Family’s Fan real estate holdings fetch nearly $50M
The 158 properties are now in the hands of various new owners after a slew of deals closed between mid-December and early January.
Developers converge on The Diamond for pre-proposal site visit
The self-guided tours helped familiarize potential respondents with the Diamond District that the city is looking to redevelop.
Project Snapshot: $26M apartment tower ascends at Broad and Lombardy
The new addition to the city skyline west of downtown is the first along that stretch of Broad Street to take full advantage of the 12-story heights allowed under the city’s TOD-1 zoning.
Dodson snaps up mixed-use building in Manchester for $2.4M
It was the last of three properties he bought in 2021. Earlier this month, his company acquired a property management firm based in Williamsburg.
Spy Rock planning 5-story apartment building near Topgolf in Henrico
The 254-unit project is among the first big multifamily developments proposed for Westwood, a transitioning industrial district that the county is positioning as its own version of Scott’s Addition.
C-ville developer planning nearly 500 apartments at Midlothian site
If approved by the county, 10 four-story buildings with one-, two- and three-bedrooms units would rise on 22 acres at 1650 Mall Drive.