The renovations are part of an effort to move the units from the RRHA to private landlords, who would use a project-based voucher program to rent to Section 8 residents.
Rehabs start for apartment properties transitioning from public housing
Residential Real Estate
$3M land buy clears way for 234-unit apartment building in Innsbrook
The deal comes as the seller, Highwoods Properties, is seeking approval of a massive mixed-use development on 34 acres across the street from the site.
Developers plan to build apartments in final two Locks buildings
The project would cap off the nearly decade-long redevelopment of the old Reynolds North complex along downtown’s canal front.
West End house sells for $750K over asking price for July’s top sale
The $2.75 million purchase was the second home to jump that amount over list price last month and it closed just two weeks after hitting the market.
170-home development OK’d near Goochland government complex
An area real estate agent and a homebuilder are behind the Rural Hill on the James project, which will fill land between the river and a prominent county intersection.
GreenCity developers file rezoning request for $2.3B project
An arena, 2.2 million square feet of office space, 280,000 square feet of retail, two hotels, and up to 2,400 residential units are planned at I-95 and Parham Road.
Richmond investor buys Forest Hill apartment complex for $2M
Alex Griffith wasn’t planning to add to his portfolio this summer but his brother Calvin is a broker at CBRE and brought him the deal.
Project Snapshot: ‘One Canal’ apartments rise in Monroe Ward
The seven-story building at Canal and South First streets is the latest in a line of apartments overlooking the Downtown Expressway.
At $2M, Windsor Farms home sells for nearly double its asking price
The recent sale is one of several in the Richmond market’s higher end that have exceeded their list price by hundreds of thousands of dollars due to bidding wars.
Chesterfield plans to buy Spring Rock Green shopping center for $16M
The county wants to turn it into a mixed-use development with more than 1,000 residential units, office and retail space, a sports-and-entertainment venue and a hotel.