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Richmond New Construction & Proposed Multifamily Projects

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Richmond New Construction & Proposed Multifamily Projects Richmond New Construction & Proposed Multifamily Projects 3Q19 ID PROPERTY UNITS 51 1207 School Street 200 1 Scott's View 258 52 Brook Road 224 2 Canopy at Ginter Park 301 53 Chamberlayne 154 6 Artisan Hill 213 54 Fourth Avenue 105 7 South Bank Phase II 55 55 Highland Grove Phase II 100 Total Lease Up 827 56 Virginia Supportive Housing 105 57 Fulton Yard 535 58 Main & Pear Street 144 9 2501 East Main Street 216 59 Lombardy 75 10 Current, The 214 61 1505 Hull Street 75 12 Herod Seed 163 62 700 E 4th Street Development 100 14 Flats at City View 161 63 Manchester Development 100 15 CIRC 105 64 Walkers Creek 200 17 Marshall Lofts 167 65 Kemps Village 245 18 Church Hill North Buildings 105 66 Model Tobacco Co Redevelopment 275 19 Locks Tower, The 237 67 Fox Manor 50 Total Under Construction 1,368 68 Village at Westlake Phase II, The 108 69 Wellsmith, The 327 20 Belvidere, The 129 85 South Falls 256 21 3013 Cutshaw 100 Total Prospective 4,093 22 Belmont 238 23 Nest, The 118 24 Summit, The 166 25 1202 North 1st Street 154 26 East Brookland Park 76 27 Belvidere, The 129 28 Block 17 133 29 New Manchester 104 30 PortRVA Phase II 188 31 Riverview 270 32 SPA Lofts 139 35 Boulders Lake 248 44 Quality Inn & Suites 117 45 Cooperage Phase II, The 55 Total Planned 2,364 46 1500 Roseneath 50 47 Dalian Development 100 Mactavish Avenue & West Marshall 48 Street 205 49 Maywill Street & Thalbro Street 300 50 Scotts Collection II 60 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Richmond New Construction & Proposed Multifamily Projects 3Q19 ID PROPERTY UNITS 3 Abberly at Centerpointe 271 4 Winterfield at Midlothian, The 238 Total Lease Up 509 11 Cambridge Square 207 13 Innslake Place 350 16 Winterfield Crossing 250 Total Under Construction 807 33 Everleigh 165 34 Belmont at River Mill 285 37 Lakeside Commons 50 38 Vue at Westchester Commons, The 238 Total Planned 738 60 Winterfield Place 200 70 Gateway West 115 71 3500 Cox Road 407 72 Hope Village Redevelopment 100 73 Innslake Place Phase 2 121 76 City View Drive 250 77 Watkins Centre 450 78 Winterfield Commons 65 83 Boxwood Parke 304 84 Lake District at Glen Allen, The 323 Total Prospective 2,335 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Richmond New Construction & Proposed Multifamily Projects 3Q19 ID PROPERTY UNITS 5 Jane at Moore's Lake, The 200 8 Colony Village Phase II 166 Total Lease Up 366 36 Commonwealth 226 39 Cosby Village 305 40 Pecan Acres Estates 50 41 Petersburg Hotel Redevelopment 60 42 South Line at Perry Place 226 43 VSU Chesterfield Avenue 62 Total Planned 929 74 Moore's Lake Phase II 185 75 Reserve at Rivington, The 276 79 Madison Crossing 360 80 Winterpock 288 81 Francisco Landing 180 82 380 East Washington 100 Total Prospective 1,389 500 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Richmond New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Scott's View 1400 Roseneath Road Richmond VA 23230 Lease-Up 258 Richmond - Scott's Addition 10/22/2018 09/30/2020 06/10/2019 2 Canopy at Ginter Park 1311 Westwood Avenue Richmond VA 23227 Lease-Up 301 Richmond - North Side 02/19/2018 12/31/2019 05/01/2019 3 Abberly at Centerpointe 1900 Brandermill Pkwy Midlothian VA 23114 Lease-Up 271 Midlothian 01/16/2018 12/31/2019 08/01/2018 4 Winterfield at Midlothian, The 1104 Winterfield Drive Midlothian VA 23113 Lease-Up 238 Midlothian 10/31/2017 10/31/2019 01/31/2019 5 Jane at Moore's Lake, The 12300 Jefferson Davis Hwy Chester VA 23831 Lease-Up 200 Chester 03/05/2017 10/31/2019 01/30/2019 6 Artisan Hill 1000 Carlisle Avenue Richmond VA 23231 Lease-Up 213 Richmond - East End 08/01/2017 10/31/2019 08/06/2018 7 South Bank Phase II 307 Stockton Street Richmond VA 23224 Lease-Up 55 Richmond - Manchester 11/30/2016 09/30/2019 08/31/2018 8 Colony Village Phase II 10250 Colony Village Way North Chesterfield VA 23237 Lease-Up 166 North Chesterfield 12/20/2016 09/30/2019 11/29/2017 Total Lease-Up 1,702 9 2501 East Main Street 2501 East Main Street Richmond VA 23223 Under Construction 216 Richmond - Church Hill 11/21/2018 04/30/2021 10 Current, The East 4th Street & Hull Street Richmond VA 23224 Under Construction 214 Richmond - Manchester 08/28/2019 12/31/2020 11 Cambridge Square 7153 Brandy Run Drive Mechanicsville VA 23111 Under Construction 207 Mechanicsville 05/01/2019 12/31/2020 12 Herod Seed 904 Oliver Hill Way Richmond VA 23298 Under Construction 163 Richmond - Church Hill 03/17/2019 07/31/2020 13 Innslake Place 4235 Innslake Drive Glen Allen VA 23060 Under Construction 350 Glen Allen 03/17/2019 06/30/2020 14 Flats at City View West 6th Street & Hull Street Richmond VA 23224 Under Construction 161 Richmond - Manchester 09/01/2018 03/31/2020 15 CIRC 1131 West Grace Street Richmond VA 23220 Under Construction 105 Richmond - Fan District 02/02/2019 02/29/2020 16 Winterfield Crossing 14210 Midlothian Turnpike Midlothian VA 23113 Under Construction 250 Midlothian 03/21/2018 02/28/2020 17 Marshall Lofts 2 East Marshall Street Richmond VA 23219 Under Construction 167 Richmond - City Center 06/30/2018 12/31/2019 18 Church Hill North Buildings 1611 North 31st Street Richmond VA 23223 Under Construction 105 Richmond - East End 11/29/2018 12/31/2019 19 Locks Tower, The 1001 East Byrd Street Richmond VA 23219 Under Construction 237 Richmond - City Center 08/07/2018 12/31/2019 Total Under Construction 2,175 North Belvidere Street & West 20 Belvidere, The Grace Street Richmond VA 23220 Planned 129 Richmond - City Center 21 3013 Cutshaw 3013 Cutshaw Avenue Richmond VA 23230 Planned 100 Richmond - Fan District 22 Belmont 4010 Broad Street Richmond VA 23230 Planned 238 Richmond - Scott's Addition 23 Nest, The 3105 West Marshall Street Richmond VA 23230 Planned 118 Richmond - Scott's Addition 24 Summit, The 3022 West Broad Street Richmond VA 23230 Planned 166 Richmond - Scott's Addition 25 1202 North 1st Street 1202 North 1st Street Richmond VA 23219 Planned 154 Richmond - North Side 26 East Brookland Park 1224 East Brookland Park Blvd Richmond VA 23222 Planned 76 Richmond - North Side Source: Yardi Matrix Richmond New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 27 Belvidere, The 18th Street & Grace Street Richmond VA 23219 Planned 129 Richmond - Church Hill 28 Block 17 5000 Old Main Street Richmond VA 23231 Planned 133 Richmond - Church Hill 29 New Manchester 915 East 4th Street Richmond VA 23224 Planned 104 Richmond - Manchester 30 PortRVA Phase II 512 Hull Street Richmond VA 23224 Planned 188 Richmond - Manchester 31 Riverview 1400 Railroad Avenue Richmond VA 23224 Planned 270 Richmond - Manchester 32 SPA Lofts 1125 Commerce Road Richmond VA 23224 Planned 139 Richmond - Manchester 33 Everleigh 12651 Three Chopt Road Henrico VA 23233 Planned 165 Three Chopt 34 Belmont at River Mill 10180 Brook Road Glen Allen VA 23059 Planned 285 Glen Allen 35 Boulders Lake 900 Boulders Pkwy Richmond VA 23225 Planned 248 North Chesterfield 36 Commonwealth 5411 Commonwealth Centre Pkwy Midlothian VA 23112 Planned 226 Midlothian 37 Lakeside Commons 2140 Old Hundred Road Midlothian VA 23114 Planned 50 Midlothian 38 Vue at Westchester Commons, The 15786 WC Main Street Midlothian VA 23113 Planned 238 Midlothian 39 Cosby Village 7307 Otterdale Road Matoaca VA 23120 Planned 305 Chesterfield County 40 Pecan Acres Estates 433 Pecan Street Petersburg VA 23803 Planned 50 Petersburg 41 Petersburg Hotel Redevelopment 16 West Tabb Street Petersburg VA 23803 Planned 60 Petersburg 42 South Line at Perry Place Farmer Street & Perry Street Petersburg VA 23803 Planned 226 Petersburg 43 VSU Chesterfield Avenue 21015 Chesterfield Avenue Petersburg VA 23803 Planned 62 Petersburg 44 Quality Inn & Suites 3200 West Broad Street Richmond VA 23230 Planned 117 Richmond - Scott's Addition 45 Cooperage Phase II, The 1650 Overbrook Road Richmond VA 23220 Planned 55 Richmond - North Side Total Planned 4,031 46 1500 Roseneath 1500 Roseneath Road Richmond VA 23230 Prospective 50 Richmond - Scott's Addition 47 Dalian Development 3210 West Marshall Street Richmond VA 23230 Prospective 100 Richmond - Scott's Addition Mactavish Avenue & West Marshall Mactavish Avenue & West 48 Street Marshall Street Richmond VA 23230 Prospective 205 Richmond - Scott's Addition 49 Maywill Street & Thalbro Street Maywill Street & Thalbro Street Richmond VA 23230 Prospective 300 Richmond - Scott's Addition 50 Scotts Collection II 2904 West Clay Street Richmond VA 23230 Prospective 60 Richmond - Scott's Addition 51 1207 School Street 1207 School Street Richmond VA 23220 Prospective 200 Richmond - North Side 52 Brook Road 2009 Brook Road Richmond VA 23232 Prospective 224 Richmond - North Side 53 Chamberlayne 1707 Chamberlayne Avenue Richmond VA 23222 Prospective 154 Richmond - North Side Source: Yardi Matrix Richmond New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 54 Fourth Avenue 1611 4th Avenue Richmond VA 23222 Prospective 105 Richmond - North Side 55 Highland Grove Phase II 1132 Dove Street Richmond VA 23222 Prospective 100 Richmond - North Side 56 Virginia Supportive Housing 1900 Cool Lane Richmond VA 23223 Prospective 105 Richmond - East End 57 Fulton Yard 201 Orleans Street Richmond VA 23231 Prospective 535 Richmond
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