A long disputed piece of land now has plans for development that may include apartments.
A 278-bedroom building on Patrick Henry Drive between Progress and North Main streets is being proposed by Green Valley Builders
Rebkee is planning to construct 250 apartments near Westchester Commons.
VHDA has offered the Danville $125,000 to rehab a property downtown.
Preferred Apartment Communities, Inc., has provided a $12.5 Million loan to finance construction of the project with possible plans to purchase the community.
City Council's decision will allow the construction of 260 apartments in 5 three- or four-story buildings.
Hanover County has delayed a vote on a mixed-use property that falls within its master plan. Another example of bureaucracy and NIMBYism getting in the way of needed multi-family development.
Woda Cooper Companies will house 68 one-, two- and three-bedroom apartment units in downtown Hopewell, replacing the former 32 unit complex.
A 24-unit mixed-use phase sold but the original developers will finish out the other phases.
In a split vote along party lines, the Montgomery County Board of Supervisors approved rezoning 5 acres of land off the corner of Clay Street and Cherry Lane.
Capital Square 1031, which purchases commercial real estate and then sells shares of ownership in each property to pools of investors looking to cash in on so-called 1031 exchanges, last month unloaded its Bridgeview Apartments complex in Tampa, Florida.
The Lee Medical Building at 1805 Monument Ave. is under contract to be purchased and is slated for a residential conversion to include 60+ apartments.
“The entire site can be rezoned and at the moment does not have any height restrictions,” Sweeney said. “This allows the buyer to bring some height to an area that has one of the best views of the city’s skyline.”
Scott's Addition properties Symbol and Preserve at Scott's Addition will be getting a sister community on United Methodist Family Services land.
An entire block of downtown Richmond is about to be transformed.
A developer and City Councilman has put a purchase offer on the land is seeking rezoning.
The Monument Companies has put a contract to purchase on the old Heironimus Building in downtown Roanoke. Apartment development is expected.