United Bank provided the loan. Capital Square’s latest multifamily development in the Scott’s Addition Qualified Opportunity Zone in Richmond, Va. has landed some financing.
The 20-acre section along Hull Street Road is planned to have 122,500 square feet of retail, dining, office and medical office space across 14 buildings.
Capital Square 1031 Acquires 307-Unit Livingston Apartment Flats Community in Growing Submarket of Richmond, Virginia multifamilybiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multifamilybiz.com Daily Mail and Mail on Sunday newspapers.
The 307-unit Livingston Apartment Flats is the latest purchase for the Henrico-based firm, which has picked up several multifamily properties using 1031 exchanges.
Cosby Village development rolling with new commercial section planned
December 22, 2020 1
An aerial rendering of Cosby Village Square, a commercial section of Cosby Village planned along Hull Street Road. (
Images courtesy of Timmons)
The next stage of a massive multiuse development taking shape beside Cosby High School in Midlothian is coming into view.
Main Street Homes, the Midlothian-based builder behind the 68-acre Cosby Village development at Hull Street and Otterdale roads, recently unveiled plans for Cosby Village Square, a commercial section that would fill nearly 20 acres along Hull.
Planned to total 122,500 square feet of commercial space, the section would add to other parts of Cosby Village that include a Publix-anchored shopping center, a 305-unit apartment complex and hundreds of townhomes to be built by MSH.