A year after buying his own home in the neighborhood, a local auctioneer worked a seven-figure deal a few doors away – this one topping area home sales for November.
$2M Riverside Drive buy tops November home sales
Residential Real Estate
Mid-rehab, Chamberlayne apartment portfolio put up for sale
In the midst of rehabbing nearly 700 units, the owner of an apartment portfolio along a stretch of Chamberlayne Avenue is testing the market a year after picking up the properties in a court-ordered sale.
Twin 11-story towers planned for Manchester riverfront; sky bridge included
Guy Blundon and Mark Purcell are behind the $75 million project, which would feature two towers connected by a sky bridge that will double as the neighborhood’s newest event space.
Mixed-use development underway at UMFS campus
Site work has begun for 250 apartments and a Courtyard by Marriott hotel along West Broad Street. Spy Rock Real Estate leads the development.
‘Tiara’ mansion near CCV listed FSBO
The century-old, relocated mansion tied to members of one of the namesake families of a local Fortune 500 is the latest house to hit the market along a pricy stretch of Cary Street Road.
Stalled Chester subdivision heads to auction block
The bulk of an unfinished neighborhood in the heart of Chesterfield County is being put up for sale after falling into foreclosure.
Demo signals start of new modern-style townhomes in the Fan
An infill development underway in the Fan is set to add some modern to the 19th-century neighborhood’s housing stock.
$5M renovation wraps up at Hope Village Apartments
A multimillion-dollar renovation of a federally subsidized apartment complex in Henrico is signaling a new trend of county involvement in such projects, with more to come.
$300 million retirement development underway in West Creek
Erickson Living, a Maryland-based developer, is preparing to go vertical on Avery Point, a 1,400-unit project on 94 acres at 1549 Wilkes Ridge Parkway.
Industry insiders discuss ‘Future of Suburban Development’ (slideshow included)
A crowd of homebuilders, developers and real estate agents huddled inside a heated tent in the under-development River Mill community for Richmond BizSense’s third “Future Of” event.