Cary St. Station, Richmond, VA (Fan)

  • Development consists of 6 historically renovated buildings and 2 new construction buildings
  • 286 units total
  • 27,798 sq. ft. commercial total
  • $47 Million investment
  • Historic completed 2017 & new construction completed 2018

The complex spans 3 full blocks and was home to the world’s first successful operation of electric rail transit. At the time of purchase, the complex was vacant and in complete disrepair

A quick closing was important to the Seller. We secured financing, closed on the property, completed architectural design, and started construction within 4 months of receiving an executed Purchase Agreement.The introduction of the commercial space was not required by zoning, but we were excited about introducing street facing commercial spaces to help extend the thriving Cary Town corridor East across Arthur Ashe Boulevard, improving walkability and actively engaging a prominent street corner with the community.