In an article posted in Richmond BizSense on August 3, 2022, Hirschler land use partner Jeff Geiger confirms plans for a seven-story apartment project on West Broad Street, east of Richmond’s Willow Lawn.
Though still in early stages of planning, the project is anticipated to include 150 apartments and ground-floor commercial space fronting West Broad. The new complex will replace the nearly 60-year-old office buildings currently on site.
To permit the construction of the project, Jeff and Hirschler associate Jillian Bates commenced work with city staff and neighbors to secure a special-use permit to allow a taller building and set the building back from West Broad to create wider sidewalks. These requests are in keeping with the city’s desired redevelopment along West Broad Street, West of I-195.
Hirschler partner Kristen Burgers handled the ground lease for the site to allow for construction financing after the permitting is completed and eventual agency debt once the project stabilizes.
Click here to read more in Richmond BizSense.