Developers look to salvage part of Navy Hill plan with $350M project, anchored by 20-story tower

Three months after Richmond City Council said “no” to the controversial Navy Hill project, the developers behind it are looking to revive a portion of the proposal with a mixed-use development that now calls for a taller VCU Health-anchored tower.

Continue ReadingDevelopers look to salvage part of Navy Hill plan with $350M project, anchored by 20-story tower

Apartment Construction Boom Continues in Seattle, Putting New Strain on Occupancies

Other experts believe Seattle’s strong economy will be enough to fill the large number of new apartments that are now under construction. "Demand for urban-located apartment units both remains strong and is forecast to keep pace with deliveries based on extremely strong tech employment,” says Simon.

Continue ReadingApartment Construction Boom Continues in Seattle, Putting New Strain on Occupancies

New affordable apartment complex in Virginia Beach’s arts district provides much needed housing

Several years ago, upkeep of the aging apartments had become too expensive, said Robin Gauthier, executive director of Samaritan House, so the nonprofit began to seek a partnership with a developer. That's when the Lawson Cos. of Virginia Beach presented an idea too good to pass up.

Continue ReadingNew affordable apartment complex in Virginia Beach’s arts district provides much needed housing