RICHMOND, Va. (RichmondBizSense.com) – A local developer has scored a major win for his plan to add a new high-rise to Shockoe Bottom.
After nearly two hours of consideration and public discussion, Richmond’s Planning Commission gave its approval Monday to a proposed 13-story Shockoe Bottom condo building at Main and Pear streets.
The project’s developer, David White of Shockoe Bottom real estate firm Historic Housing, next must earn Richmond City Council’s final approval of a special use permit application at next week’s meeting.
The proposed condo tower would sit at the eastern end of Cary Street.
Part of the building will rise 16 stories from its lowest point on a down-sloping plot and include three floors of parking. The 13 stories of condos will begin on street level on Main Street.
White said the units will begin at about 1,100 square feet with low-end prices of about $300,000 and $350,000.