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Rocketts Landing Development set for New Phase

12/27/2017 6:00 AM by

Rocketts Landing is full steam ahead again. Multiple apartments and new town homes will be available this coming spring. This will include apartments in a new 156-unit apartment building along with new townhouses and a new commercial space.

Richmond Time-Dispatch Wrote:

Rocketts Landing, a mixed-use, high-density development, is back on track with construction in full swing.

“We’ve got a lot of momentum going,” said Richard Souter, a principal with The WVS Cos., the Richmond-based developer on the project straddling Richmond and Henrico County along the James River.

The first units in a 156-unit apartment building on the Henrico side are scheduled to be finished in April. Across the street, the first of 28 town houses in various stages of development by HHHunt Homes, is sold and occupied.

Also in this section will be 12 town houses fronting Old Main Street, on the 5100 block of the main road through the development. A blue warehouse demolished by year’s end will make way for these town houses, also to be built by Henrico-based HHHunt.

By the end of July, all but one parcel in this second phase of construction — encompassing four city blocks — should be finished. An additional 130 apartments are planned for the remaining parcel, but construction won’t start until the first building is well on its way to being fully leased, Souter said.

Apartments in general rent for $1,100 to $2,100 a month in Rocketts Landing. The new town houses are expected to sell for $400,000 to more than $600,000.

You can read the full story here from Richmond Times-Dispatch:

http://www.richmond.com/business/local/rocketts-landing-development-straddling-richmond-henrico-in-full-swing-again/article_a2a1f43d-fd5d-5b16-b48a-0f75f20412f3.html


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