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Richmond: Economy/Business/Real Estate

Started by wrldcoupe4 , Oct 12 2005 10:34 AM

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1721 replies to this topic

#1721 LordChesterfield

Unincorporated Area

Members
29 posts

Posted Yesterday, 10:19 PM

This is an interesting article in today's Times Dispatch concerning the growth in the number of apartments in downtown Richmond. 1,300 units have come online since 2010. Vacancy rates are only at 4.2%, and developers see no end in sight to the growth we are experiencing in the city. Good news for Richmond!

http://www2.timesdis...ond-ar-1945580/

Edited by LordChesterfield, Yesterday, 10:19 PM.

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#1722 burt

Megalopolis

Members+
13,403 posts

Posted Today, 10:32 AM

LordChesterfield, on 26 May 2012 - 10:19 PM, said:

This is an interesting article in today's Times Dispatch concerning the growth in the number of apartments in downtown Richmond. 1,300 units have come online since 2010. Vacancy rates are only at 4.2%, and developers see no end in sight to the growth we are experiencing in the city. Good news for Richmond!

http://www2.timesdis...ond-ar-1945580/

The number of residential units rising south of the James in Manchester is amazing.

Lucy Meade of Venture Richmond is quoted in this story saying that downtown population doubled between 2000 and 2010 to about 10,000. I bet a quarter it has picked up another 2,000 in the last two years.