Auction: Manchester Multifam Dev Assemblage, 5-12 Stories By Right, Richmond, VA
13 parcels, totaling +/-1.64 acres and newly up-zoned to TOD-1 and B-7, permitting up to 12 story construction by right. Ideal multifamily and mixed use development site with quick access to VCU via the Lee Bridge.
Please note the city GIS maps do NOT accurately reflect the alley right of ways. The survey included in PIP correctly reflects that the city has vacated the alley section between 1906 Bainbridge and 20 W. 19th Street as well as the alley that runs parallel to West 19th and 20th Streets, between the West 19th and West 20th lots. This dramatically enhances developability!
Features Include:
- Zoning: Entire site recently up-zoned to B-7 and TOD-1. B-7 is intended to facilitate urban, infill mixed use development, allowing up to 5 stories with uses including multifamily, office and retail, among others. TOD-1 allows high density multifamily and mixed use with up to 12 stories of construction by right.
- Frontage and access on Hull, Bainbridge, W. 19th and W. 20th Streets
- The high rises constructed on this site will have the best views in the city
- Across W. 20th Street from impending development epicenter, the midcentury modern “Siegel’s Food Palace” site
- Opportunity Zone
Please see Property FX1946 on our website for more information.
