Bullish on Manchester’s multiplying multifamily counts, Mercer Street Partners has made a third investment in the fast-growing South Richmond neighborhood – and its fifth acquisition in Richmond overall.
Residential Real Estate
New leaders, old problems at city permit center
“I’m not going to say it’s going to happen by the end of the year, because I don’t want to make promises I can’t keep. But we are keenly aware of what we need to do to turn the ship in the right direction,” said the city’s Sharon Ebert.
Eleven projects pick up Golden Hammers this year
A tobacco warehouse conversion in the city’s Southside, an apartments rehab in Carver, new townhomes in Manchester and a new Scott’s Addition restaurant were among 11 local preservation and revitalization projects recognized with Golden Hammer Awards at a ceremony last week.
Goodwin home under contract after $2M listing
A CCV-area residence that until recently was tied directly to members of a prominent Richmond family wasted little time in lining up a buyer.
Ohio-based firm plans 250 apartments on vacant Innsbrook land; dubbed ‘Silver Hills’
The run on new apartment development in the established Henrico office park continues to gain traction.
$40 million Main2525 project taking shape in the Bottom
The ceremonial crane hoisting of a vintage Airstream trailer marked a milestone this week in construction of one of the new additions to the Shockoe Bottom apartment market.
Site work starts on ‘Shiplock Views’ apartment project near Libby Hill
A year after the project changed hands between developers, a long-planned apartment building near the foot of Libby Hill is beginning construction following a redesign to add more units.
City, Henrico give final approvals to ‘Fulton Yard’ development
Zimmer Development now expects to close on the purchase of 20 acres near Rocketts Landing by the end of the year and begin construction of the massive mixed-use project in the first quarter.
Manchester site sells for $2M ahead of planned RiverHaus development
Another chunk of what is becoming one of the fastest-growing intersections in South Richmond has been snatched up by an out-of-town developer.
Rocketts Landing residents planning five $1M-plus townhomes
From their riverfront condos in Rocketts Landing, Ken Aspinall and Grant Grayson have had a front-row view of nothing happening with a roughly quarter-acre tract in the heart of the massive mixed-use development.