Plans call for condo project to tower over Scott’s Addition

Posted at 8:20 AM, Apr 07, 2016
and last updated 2016-04-07 08:20:00-04

RICHMOND, Va. — A veteran Richmond development team is aiming high – and high-end – for their next project in Scott’s Addition.

Louis Salomonsky and David White of Main Street Realty are proposing two 10-story towers totaling 258 residential units at 1400 Roseneath Road that would convert from apartments to condominiums over time.

The towers – the tallest proposed in Scott’s Addition so far; four stories taller than the nearby 3600 Centre building on West Broad Street – would be built along West Clay Street where the Broad Street exit for Interstate 195 northbound spills into the neighborhood.

The rest of the 2.5-acre property would be filled with a parking deck, surface parking, a community building and swimming pool, and a smaller commercial or office building at the corner of Clay and Roseneath.

The property, which takes up about half a block, is directly across Clay from Spy Rock Real Estate’s Preserve at Scott’s Addition apartments.

The $60 million project, called Roseneath Towers, would add 422 parking spaces and homeownership options to the fast-transitioning, rental-heavy neighborhood.

Where the Preserve, 3600 Centre and other redeveloped buildings have added hundreds of apartments, the Roseneath Towers apartments would convert to condominiums after about three years, Salomonsky said.

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