The Planning Commission backed the massive multi-use development but held off voting on a 770-home Varina subdivision and proposed apartment infill projects in Innsbrook.
Residential Real Estate
Plotkin, Blackwood plan mixed-use building to replace Forest Hill strip
The local developers propose a three-story structure with 30 apartments above 7,800 square feet of commercial space at 5069 Forest Hill Ave.
Two deals over $2 million topped list of August home sales
The priciest home sales in the region eclipsed $2 million for a third month in a row, though this time both sold for below asking price.
Caravati’s building in Manchester sells for $2M ahead of apartment conversion
Four local developers plan to preserve the 97-year-old structure by turning it into a 42-unit complex dubbed “The Rails.”
Housing nonprofit adds two East End homes, breaks ground on another
Urban Hope facilitates homeownership in the East End, where low-income residents moved into homes built by Eagle Construction of VA.
Dodson adds to holdings with $3M buy of Morton’s Apartments complex
The seller was Levco Management, which has been unloading its smaller apartment properties as it focuses on larger garden-style properties it’s acquired in Hampton Roads.
Retired horse breeder selling 27-acre estate near Chesdin Landing
86-year-old owner Norman Jones is asking $1.75 million for the property after selling off the last of his American Saddlebred broodmares.
General Land makes land grab across from Scott’s Addition
The West End real estate investment firm bought several parcels totaling about an acre near the intersection of Broad Street and Roseneath for $3.3 million.
Condos planned for Scott’s Addition
A redevelopment of 1616 Summit Ave. into a mixed-use project would add four condos and restaurant space at the intersection with Norfolk Street.
26 condos planned for office building site on Libbie Avenue
A nearly century-old building would be razed to make way for a three- and four-story structure with facades that make it look like downtown rowhouses.