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Matthews Street Portfolio

Development Opportunity - 1.35 ± AC - Zoned M-1, M-2, and R-73 - Utilities Accessible to Site - Adjacent to Matthews at Chestnut Hill Development Project

Highlights:

  • Development Opportunity Between Downtown & Northside Richmond
  • 7 Separate Parcels Totaling 1.35 AC
  • Lot Sizes: 0.071-0.504 AC
  • Water, Sewer and Gas Accessible (See Utilities Map)
  • Easy Access to I-95, I-64 & Richmond Henrico Turnpike
  • Adjacent to SCDHC's Matthews at Chestnut Hill Development Project
  • Additional Redevelopment & Revitalization Planned For Surrounding Area

Description:

SVN/Motleys is pleased to present the seven parcel land portfolio located at 1506-1604 Matthews St., Richmond, VA 23222. All seven lots feature a combination of M-1, M-2, or R-73 zoning by the City of Richmond and present an excellent development opportunity for apartments, townhouses, & more! All seven parcels total 1.35 AC and the lots range in size from 0.071 AC to 0.504 AC.

This portfolio is located directly south of Southside Community Development & Housing Corporation's (SCDHC) Matthews at Chestnut Hill, which is a 32 duplex, affordable housing development project just north of downtown Richmond at the roundabout near Holy Cross Cemetery. This project features duplexes that range from 1,100 to 1,600 square feet and will be built in three different styles. Per the City of Richmond, all utilities are accessible to the site (see Utilities Map in Brochure).

Location:

Located directly south of SCDHC's Matthews at Chestnut Hill development, the subject site is conveniently located between Northside RVA (1.5 ± miles) and downtown Richmond (1.5 ± miles) and is approximately 1.0 ± miles from Richmond's highly desirable Jackson Ward neighborhood. Nearby multi-family developments include Highland Grove Apartments (0.5 ± miles) and The James (1.3 ± miles), and this site is just 2.0 miles from the proposed 10-block redevelopment project surrounding the Richmond Coliseum, led by Dominion Energy CEO Thomas F. Farrell II.

Please contact Richard Bryan at (804) 655-2412 or rbryan@svn.com for more information.