Four residential buildings will replace the recently closed department store as part of the larger redevelopment of the former shopping mall in Henrico.
500 apartments approved for Virginia Center Commons’ JCPenney site
Residential Real Estate
Surf pool-anchored development ‘The Lake’ could grow by 400 residential units
Planning commissioners back a proposal for 830 apartments and 360 townhomes on a 105-acre property near Clover Hill High School.
Planning Commission backs projects south of the river and in Shockoe Bottom
The City Council will have the final say on rezoning the Southern States silos site and a surface lot at 1801 E. Main St., as well as a special-use permit for 1005 Westover Hills Blvd.
Innsbrook infill: Lingerfelt’s $250M plan would add 1,375 apartments
The office park’s second-biggest landlord designated five properties for hundreds of apartments and structured parking that would replace existing parking lots over the next decade.
Historic Linden Row outlier begins new chapter as apartments
Douglas Development is finishing up a $1.7 million conversion of the house at 114 E. Franklin St., the easternmost of the mid-19th century rowhomes that make up the block.
Renovations underway as Imperial Plaza phases out assisted living wing
Efforts to transition the decades-old complex into a so-called 55-and-up “active adult” community include upgrades and new amenities.
International Mission Board plans 263 apartments by Monument Ave. HQ
The Richmond-based missionary group is seeking a permit for two five-story buildings that would fill a surface parking lot and replace an office building.
Henrico apartment complex sells for $35M via endangered 1031 exchange
Capital Square’s sale of the Maple Springs Apartments was its latest involving the tax-deferrable investment property swaps, which would be cut under the proposed American Families Act.
Salomonsky plans 12-story tower on Weiman’s Bakery site in Shockoe
The local developer wants to build a mixed-use development with 145 apartments on the half-acre site, some of which could be designated as short-term rental units.
Mansion on Goochland golf course was among top home sales in April
The month was the first this year without a residential real estate deal at or above $2 million, and was led by a local couple’s $1.76 million transaction.