RICHMOND, Va. — The midtown apartment market got a nearly 200-unit boost from the Richmond Planning Commission Monday.
A company led by veteran developers Louis Salomonsky and David White received unanimous approval for the planned 173-unit Overbrook Lofts near the Diamond and Hardywood Park Craft Brewery.
The developers are working the Overbrook project through their firm, Historic Housing. Brian White, co-manager of the company, said the redevelopment of the massive old warehouse could take shape as an apartment or mixed-use complex. The final decision could depend on the mayor’s plan to move baseball off Boulevard.
“We’re very interested to see what goes forward with Boulevard redevelopment,” White said. “If it were to become something a little more substantial, a little grander, then it might make more sense for a commercial development at the front of the building.”
Construction on the 137,000-square-foot warehouse will come in two phases. The first, which White said could begin in the coming months, will add 108 apartments. Each unit will open to an outdoor courtyard, and the building has no interior hallways.
The second section stretching towards Hermitage Road could become 65 more apartments or commercial space.