Luxury town houses are planned for a piece of prime riverfront property at the southern base of the Manchester Bridge.
The units — each three stories with a mezzanine and roof patio — will overlook the James River and face downtown Richmond. Pricing will start in the $700,000s.
A triangular warehouse at 510 W. Seventh St. will be torn down to make way for the 12 town houses to be called 7west for their location on Seventh Street just west of Legend Brewing Co.
Developer Jeremy Connell, owner of Pareto LLC, said he hopes to start demolition and construction on the first units soon after closing on the property in early March. To be built in three phases, the first four units are expected to be finished in August.
No special use permits will be needed, he said.
“We sense there is a large market seeking the lifestyle we are selling ... one minute from downtown, with a connection to the river and the James River trail system,” Connell said. “People drawn to the cul-de-sacs in the suburbs; that is not our primary customer.”
Patrick Sullivan with One South Realty, the Realtor for the project, said he sees the primary customers as empty nesters who want to move to the city and professionals, such as medical doctors at Virginia Commonwealth University Health System.
Each unit will be just under 3,000 square feet with a two-car garage and optional elevator. The third floor will be the main, two-story-high living area with the kitchen, living room, dining room, half-bath and patio.
The master suite will be on the second floor with a deck and another bedroom and bath. The first floor will be the double garage and foyer plus a media room, office, craft space or bedroom with a full bath — or it can be left totally open.
The interior will have a modern, industrial feel in keeping with the architecture in the Manchester District, said Mario A. DiMarco, a Richmond architect on the project who also is an investor.
Catwalks in the mezzanine — with space for an office and/or bedroom and full bath — will be made from steel. The flooring will be white oak with a clear finish.
“We want to keep it light, modern and edgy,” DiMarco said. “We think it’s the truest expression of loft living that you will find in Richmond.”
The town houses, with window-facing views of the river and city, will get the north light — natural light without direct sun, the type of light most desired by artists, DiMarco said.
“Sometimes in a city, you don’t have any choice regarding lighting,” DiMarco said. “These units will have great views in the right direction.”
The units will have high-end finishes. Top-line appliances such as Wolf and Sub-Zero are being considered. The exterior will be brick and architectural panels with aluminum-clad windows.