The conversion of a 100-year-old Grace Street property into condos hit the brakes during the recession, but now the developers are ready to sell – a hint at a possible trend to come in the local housing market.
Residential Real Estate
Some 150 properties valuing up to $12 million, mostly in Chesterfield County, are set to be sold off as a local real estate company sorts through Chapter 11 bankruptcy.
With plans for 300 to 400 homes and a community garden at the center, a local developer has a large tract of family-owned land under contract and plans for a project aimed mostly at older, active residents.
Richmond’s own TriBeCa – Triangle Below Cary – is moving into the last phase of construction, with foundations of the final nine homes rising south of VCU.
The city Planning Commission has tentatively approved a massive plan to convert a former high school campus into 300 homes.
A member of a well-known family in local development is set to go before county planning today with his proposal for about 40 homes in a high-end subdivision.
After skirting the auction block several times over the past few years, the home of notorious developer Justin French was finally sold Wednesday.
A developer has rezoned about 55 acres in northern Henrico County and plans to build 50 large single-family homes on the site.
A VCU neurologist and professor put his River Road home, which was custom built in the early ’90s, up for sale last week.
A group of local residential real estate veterans have brought a new national property management brand to the market.