The Fan / Museum District

[I miss RVA]

10 minutes ago, Hike said:

Totally different problem there it sounds like where knowing is great but still no help, plus about 7.5 million more people in the way. I do have to say, the visit I had to Chicago was excellent, everyone was nice,  helpful, city was clean, really enjoyed it, didn’t drive though, brother in law did all that. 

Yep - exactly. Knowing where to go is great but only marginally helpful here.  Very true - the entire Chicagoland area here is between 9 million and 10 million population - with somewhere north of 2.6 million in the city itself.

[I miss RVA]

City Council gave the green light to converting the Shenandoah building into a new boutique hotel. VERY cool! We've had this project on here previously - but now there's actual movement and the ball is rolling. What's cool is that the New York-based developer ASH NYC - has done similar hotel projects in New Orleans, Providence, RI, Detroit and Baltimore - with a fifth hotel on the way for Philadelphia. So this project will be the company's sixth nationally, putting Richmond in some VERY exclusive company in terms of cities in which this company has developed its particular brand/style of hotel. Ya GOTTA love that!!

Another win for Richmond!

From today's Richmond BizSense:

https://richmondbizsense.com/2022/10/13/new-boutique-hotel-in-the-fan-gets-council-go-ahead/

[Wahoo 07]

1 hour ago, I miss RVA said:

City Council gave the green light to converting the Shenandoah building into a new boutique hotel. VERY cool! We've had this project on here previously - but now there's actual movement and the ball is rolling. What's cool is that the New York-based developer ASH NYC - has done similar hotel projects in New Orleans, Providence, RI, Detroit and Baltimore - with a fifth hotel on the way for Philadelphia. So this project will be the company's sixth nationally, putting Richmond in some VERY exclusive company in terms of cities in which this company has developed its particular brand/style of hotel. Ya GOTTA love that!!

Another win for Richmond!

From today's Richmond BizSense:

https://richmondbizsense.com/2022/10/13/new-boutique-hotel-in-the-fan-gets-council-go-ahead/

Aside from what you mentioned, a big takeaway is that a serious player with no ties to the area thinks that Richmond is a good place in which to develop and invest.  

Edited October 13, 2022 by Wahoo 07

[I miss RVA]

1 hour ago, Wahoo 07 said:

Aside from what you mentioned, a big takeaway is that a serious player with no ties to the area thinks that Richmond is a good place in which to develop and invest.  

Exactly!!!  The very same can be said of Avery Hall with their potentially epic development planned for Manchester, which is part of why I am SO infuriated with the NIMBYs who are squawking so much about that development.

Serious players like ASH NYC, Avery Hall, etc., taking stock of Richmond as a good and ripe place in which to develop and invest - and coming here and sinking their money into the city - this is precisely, 100%, absolutely the very thing we need to happen a LOT more. It's been happening in our "peer" cities for quite some time now (and continues to do so) - it's definitely Richmond's time now. The city must - MUST - embrace these major out-of-town investors and encourage them and other out-of-market developers to come here to plant their seeds and grow them into amazing developments that will benefit Richmond.

 

[whw53]

8 unit infill project slated for the vacant 2818 Monument Ave. per SUP filing earlier this month.

https://energov.richmondgov.com/EnerGov_Prod/SelfService/richmondvaprod#/plan/125af205-fb2b-4687-9776-e990e7d0f1f2?tab=contacts

 

 

[I miss RVA]

41 minutes ago, whw53 said:

8 unit infill project slated for the vacant 2818 Monument Ave. per SUP filing earlier this month.

https://energov.richmondgov.com/EnerGov_Prod/SelfService/richmondvaprod#/plan/125af205-fb2b-4687-9776-e990e7d0f1f2?tab=contacts

 

 

LOVE IT!! A narrow, deep lot - VERY New York. What's the over/under - four stories? If it's eight apartments, two per floor? Given how narrow the lot is, I can't envision anything more than two units per floor.

[ancientcarpenter]

18 hours ago, whw53 said:

8 unit infill project slated for the vacant 2818 Monument Ave. per SUP filing earlier this month.

https://energov.richmondgov.com/EnerGov_Prod/SelfService/richmondvaprod#/plan/125af205-fb2b-4687-9776-e990e7d0f1f2?tab=contacts

 

 

Absolutely love this. It's on Monument so I hope they create something beautiful and fitting architecturally. I imagine these will be priced around $800k-1.2m just like the units near this development that sold rather "quickly" for their pricepoint. I wonder if developer will be reaching for something less expensive, therefore more units, since the market has slowed down.

[I miss RVA]

4 hours ago, ancientcarpenter said:

Absolutely love this. It's on Monument so I hope they create something beautiful and fitting architecturally. I imagine these will be priced around $800k-1.2m just like the units near this development that sold rather "quickly" for their pricepoint. I wonder if developer will be reaching for something less expensive, therefore more units, since the market has slowed down.

According to the filing, it's for apartments -- so I don't think there are any condos in the mix.

[ancientcarpenter]

On 10/14/2022 at 2:24 PM, I miss RVA said:

According to the filing, it's for apartments -- so I don't think there are any condos in the mix.

Better than empty lot...but I would love to see more home/apt/condo ownership being built in the city.

[I miss RVA]

4 hours ago, ancientcarpenter said:

Better than empty lot...but I would love to see more home/apt/condo ownership being built in the city.

If -- and when -- Tom Papa moves on his Manchester projects, South Falls III is supposed to be a condominium tower. He has said publicly that he's a tad hesitant to develop for-sale properties rather than for-rent properties for a number of reasons that impact construction costs, maintenance, etc. I honestly hope he goes forward with both South Falls II and III - because it would be awesome to get that mix of owner-occupied residential development introduced into the mix. I particularly like that he's proposing an 11-story building in which to put condos on the Manchester riverfront. I get the impression that folks who advocate for more home ownership in the city tend to push for townhomes, rowhouses or projects like 2 over 2's -- all of which are nice, but are only marginally impactful from the standpoint of density and "best and highest use" of a give parcel. There's no reason (aside from development costs - and our CRE gurus could educate us more about the differences between developing mid-and-high-rise condos vs apartments) we can't have a nice mix of verticality and home ownership.

My best guess is that if we can land some significant business recruitment wins and bring in more companies and jobs that will help drive population growth in both the city and the metro, we'll start to see more condominium development in the city.

[Icetera]

23 hours ago, I miss RVA said:

Tom Papa moves on his Manchester projects, South Falls III is supposed to be a condominium tower. He has said publicly that he's a tad hesitant to develop for-sale properties rather than for-rent properties for a number of reasons that impact construction costs, maintenance, etc.

If I recall, I think the biggest reason he gave was simply his inexperience with For-Sale properties.  Time to gain some!

[I miss RVA]

1 hour ago, Icetera said:

If I recall, I think the biggest reason he gave was simply his inexperience with For-Sale properties.  Time to gain some!

Thanks, Ice. I put more stock in your memory than I do mine (I've always said my memory is -- at best -- swiss cheese -- and at most -- a colander )  Now that you mention it, I believe you are 100% correct - and YES!!! I AGREE!! It's time for him to gain some experience in condo development!

[rjp212]

Looks like some renovations are coming to Uptown.   Personally, I've always enjoyed the bright colors of the neighborhood and would hate for them to go drab gray:

Sources:

https://www.thalhimer.com/properties/1435-w-main-street

https://www.thalhimer.com/properties/1118-w-main-st

 

 

Edited November 18, 2022 by rjp212

[whw53]

SUP filing indicates first piece of Dominion's facility off Robinson is moving through the entitlement process. 26 multi-family units targeted for lot between Stafford and Addison right up against the Downtown Expressway.

https://energov.richmondgov.com/EnerGov_Prod/SelfService/richmondvaprod#/plan/616bffdd-e7a3-4ed1-9568-7c949ad222cc?tab=contacts

 

Edited December 7, 2022 by whw53

[I miss RVA]

51 minutes ago, whw53 said:

SUP filing indicates first piece of Dominion's facility off Robinson is moving through the entitlement process. 26 multi-family units targeted for lot between Stafford and Addison right up against the Downtown Expressway.

https://energov.richmondgov.com/EnerGov_Prod/SelfService/richmondvaprod#/plan/616bffdd-e7a3-4ed1-9568-7c949ad222cc?tab=contacts

 

WOW! Really great wedge of infill there. I wonder if the corresponding wedge shaped surface lot south of Grayland/next to the expressway off-ramp will eventually get developed in a similar fashion as well?

[plain]

On 12/7/2022 at 5:36 PM, I miss RVA said:

WOW! Really great wedge of infill there. I wonder if the corresponding wedge shaped surface lot south of Grayland/next to the expressway off-ramp will eventually get developed in a similar fashion as well?

26 multi-family units on that tiny sliver of land??? Can we assume multi-floor as well?!

[I miss RVA]

10 minutes ago, plain said:

26 multi-family units on that tiny sliver of land??? Can we assume multi-floor as well?!

That was my thought as well. Maybe four stories?

[ancientcarpenter]

On 12/9/2022 at 11:33 AM, plain said:

26 multi-family units on that tiny sliver of land??? Can we assume multi-floor as well?!

 

Question: Multi-family is home ownership, correct? Not rentals...?

[wrldcoupe4]

Would also include condominiums, but most being built in Richmond today is rental.

[I miss RVA]

3 hours ago, ancientcarpenter said:

 

Question: Multi-family is home ownership, correct? Not rentals...?

I've always taken "multi-family" to mean anything from apartment buildings to condos. It's just a differentiation from "single-family".

[RVA-Is-The-Best]

On 12/7/2022 at 4:43 PM, whw53 said:

SUP filing indicates first piece of Dominion's facility off Robinson is moving through the entitlement process. 26 multi-family units targeted for lot between Stafford and Addison right up against the Downtown Expressway.

https://energov.richmondgov.com/EnerGov_Prod/SelfService/richmondvaprod#/plan/616bffdd-e7a3-4ed1-9568-7c949ad222cc?tab=contacts

 

We have BizSense confirmation (and visuals) on this.

It's 26 townhomes. It fills out the plot quite nicely, I find. 

https://richmondbizsense.com/2022/12/19/two-dozen-townhomes-planned-for-dominion-owned-site-near-the-fan/

[eandslee]

4 hours ago, RVA-Is-The-Best said:

We have BizSense confirmation (and visuals) on this.

It's 26 townhomes. It fills out the plot quite nicely, I find. 

https://richmondbizsense.com/2022/12/19/two-dozen-townhomes-planned-for-dominion-owned-site-near-the-fan/

I actually love the way these look and should blend in with the neighborhood beautifully!  Nice to see that it’s being developed by an out-of-town developer as well!  Great infill and great story!

[I miss RVA]

10 hours ago, RVA-Is-The-Best said:

We have BizSense confirmation (and visuals) on this.

It's 26 townhomes. It fills out the plot quite nicely, I find. 

https://richmondbizsense.com/2022/12/19/two-dozen-townhomes-planned-for-dominion-owned-site-near-the-fan/

Oh good golly Miss Molly -- this is GORGEOUS!!! HOLY WOW!!!

Now, can we get another one of these on the vacant almost carbon-copy shape/size plot one block southwest of this site - immediate south of the former GRTC bus barns (south side of Grayland Avenue)? I believe that parcel is also owned by Dominion.

WOW - I'm very impressed!

Edited December 19, 2022 by I miss RVA

[123fakestreet]

12 hours ago, RVA-Is-The-Best said:

We have BizSense confirmation (and visuals) on this.

It's 26 townhomes. It fills out the plot quite nicely, I find. 

https://richmondbizsense.com/2022/12/19/two-dozen-townhomes-planned-for-dominion-owned-site-near-the-fan/

They look nice and like they will fit the neighborhood well. But a bunch are basically facing the expressway, and another group are in an alley. 

[I miss RVA]

24 minutes ago, 123fakestreet said:

They look nice and like they will fit the neighborhood well. But a bunch are basically facing the expressway, and another group are in an alley. 

Yeah - I was wondering about that!