A zoning code amendment allows developments to be built further back from Jefferson Davis Highway, in addition to decreased balcony requirements.
Chesterfield tweaks rules for multifamily development in Route 1 design district
Residential Real Estate
Chester apartment complex buyer sells Midlothian apartments for $67M
Fairfield Residential, which sold the 296-unit Belvedere Apartments, had purchased the 22-acre property in 2008 for $43.2 million.
Two Chesterfield multifamily properties fetch a combined $53M
Correction: An earlier version of this story incorrectly reported the unit count at Broadwater Townhomes, affecting the per-door price calculation. The total sale price for the complex also has been adjusted based on additional information received after publication. Another batch of 8-figure deals has closed in Chesterfield, as the county’s multifamily market stays red-hot. Broadwater… Read more »
Real estate brokerage buys local peer, extends reach toward the Bay
Shaheen, Ruth, Martin & Fonville Real Estate purchased Select Properties of Virginia, a 21-agent brokerage with offices in Richmond and the Northern Neck.
360-unit development eyed in Innsbrook; Varina events venue hearing delayed
Dominion Realty Partners wants to build a mix of apartments and for-sale townhomes next to Dominion Energy’s operations center.
$2.8M sale of Cary Street Road home tops list of November deals
The 7,100-square-foot Georgian Revival house was the most expensive, but there were several other seven-figure deals in Richmond and Henrico.
Former councilman plans to fill in Fan lots with two 3-story, mixed-use buildings
John Conrad has owned the parking lot parcels he is redeveloping at 1505 and 1518 W. Main St. for 15 years.
Thalhimer sells downtown lot for $2.5M to make way for 15-story apartment tower
Chicago-based developer Pinecrest is planning to build student housing with 171 units at 321 W. Grace St. near VCU.
Ski lodge-like Hanover house sells to local real estate agent for $2.5M
He wasn’t in the market to buy a new home. But when the ski lodge-like house he’d been admiring for years came up for sale this fall, Clayton Gits said he knew it was an opportunity he couldn’t pass up. The head of local real estate brokerage Mission Realty is the new owner of the… Read more »
Chester apartment complex sells for $33M — $8M more than it sold for in 2017
The 266-unit Courthouse Green Townhomes complex at 6417 Statute St. has been changing hands every three years or so.