Don Balzer’s Cross Creek Development is planning Thacker’s View, which will bring more than 260 homes to an assemblage on Woolridge Road. It’s one of the last undeveloped areas of size on the reservoir.
Hanover supervisors recently approved the expansion of the 55-and-up residential development that developer Roger Glover said will be the so-called agri-community’s final section.
The sale came out to $614 per square foot, toward the top end of the highest prices per square foot ever recorded in the area.
Participants in Sunday’s Easter on Parade will notice the makings of what’s planned to be a two-year restoration of the mansion owned by CEO Den Cralle, who is sponsoring the event.
Site work has started on The Aire at Westchester, a 334-acre mixed-use development directly west of the shopping center, where two new restaurants are also headed.
The apparent resolution of a yearslong legal battle that’s rocked the U.S. real estate industry is expected to have impacts on agents in metro Richmond, though to what extent remains to be seen, local observers say.
The transaction clears the way for the nearly 800-home development east of where Route 5 crosses over Pocahontas Parkway.
The 7,100-square-foot house in Henrico’s Henley neighborhood was one of three that topped the list and sold below asking price.
Sales started and ended in January for South Bank Ridge, an eight-home development along Riverside Drive that was halted last summer by a court-ordered injunction.
The developers said the change of plans was driven in part by financing and said it’s easier to make the numbers work on for-sale townhome projects.
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