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Developer pays $10M for Richmond apartment project site on Grove Ave.

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Posted at 6:50 AM, Dec 12, 2023
and last updated 2023-12-12 06:50:49-05

RICHMOND, Va. -- For the second time this year, a piece of the Museum District has fetched eight figures ahead of a major residential redevelopment.

The former Windsor Senior Living building at 3600 Grove Ave. has sold for $10 million, city records show.

The buyer was Georgia-based Flournoy Development Group, which is planning to raze the structure to make way for a new six-story, 253-unit building.

Flournoy’s project would be among the highest-density new builds seen in the Museum District in recent years.

Continue reading this story on Richmond BizSense.

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