Capital Square, Greystar Acquire Land in Richmond to Develop 350-Unit Multifamily Community
January 7, 2021
RICHMOND, VA. — Capital Square and Greystar have acquired 2.3 acres in Richmond’s Scott’s Addition neighborhood to develop a 350-unit multifamily community. The six-story complex will be situated within an opportunity zone and is expected to feature 380 parking spaces and 15,000 square feet of ground-level retail space. Capital Square is raising capital through CSRA/GS Opportunity Zone V LLC, a $32.4 million project-specific opportunity zone fund. The property will be located at 1601 Roseneath Road, three miles northwest of downtown Richmond.
To view the full article, click here.
- On January 7, 2021