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High profile mixed-use developers among proposals for GRTC bus depot

High profile mixed-use developers among proposals for GRTC bus depot
Posted at 6:22 PM, Jul 08, 2015
and last updated 2015-07-09 06:32:36-04

RICHMOND, Va. — About six acres of prime city real estate is for sale, and Wednesday a dozen developers submitted their proposals for the Greater Richmond Transit Co. bus depot property at 101 S. Davis Ave., just a block south of the Fan District and a few blocks east of Carytown.

The century-old property and its nine buildings total 112,000 square feet. The site is bounded by Cary Street, Grayland Avenue, Stafford Avenue and Robinson Street.

Most of the companies who submitted a proposal are local or regional developers with residential experience. Developers BlackwoodGreenberg Gibbons and Miller & Smith have completed several high-profile mixed-use projects in Virginia and Maryland.

Some are familiar names among high-profile Richmond projects. The president of The Wilton Companies, Richard Johnson, is also a member of the Richmond Economic Development Authority. The organization has contributed to the development of the Washington Redskins Training Camp and Stone Brewing Company facility in Fulton.

Historic Housing owns multiple residential buildings in Shockoe, and developers David White and Louis Salmonsky had previously signed on to build apartments next to the proposed Shockoe ballpark.

The complete list of development groups is below, in order of when their proposals were submitted.

Greenberg Gibbons
Commonwealth Properties, LLC
Kotarides Developers, LLC
Trammell Crow Company
Barong Real Estate Associates, LLC
The Wilton Companies, LLC
Historic Housing, LLC
DKJ Richmond, LLC
CK-Klein MacFarlane Limited Partnership
CaryTown Development Partners , LLC
Miller and Smith Land, Inc
Blackwood Development Company, Inc

The property has sat vacant since 2010, when GRTC moved to South Richmond. The site has gone unused other than the RVA Street Art Festival in 2013, which colored the worn walls with bright murals.

The winning bid is scheduled to be chosen in September.