Richmond, VA · Updated weekly
Richmond deal & development tracker
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October 2026
DevelopmentMultifamilyRichmond
Historic Housing wins RFP for city-owned Shockoe Bottom lot
212 N. 18th St, Shockoe Bottom
Proposed 190-unit, eight-story apartment project (Seabrook) on a 1-acre former parking lot, estimated $40M–$45M and privately financed; the ordinance has yet to go to council and construction could start in August 2027.
Richmond BizSense — Local developer Historic Housing wins RFP to build $40M apartment project on city-owned lot in Shockoe Bottom
September 2026
DevelopmentInfrastructureChesterfield
Powhite Parkway Extension construction set to start this winter
Western Chesterfield
$565M, about 9 miles from near Route 288 to Hull Street Road; full road targeted for 2034.
Richmond BizSense — Construction on $565M Powhite Parkway extension project to start this winterDevelopmentMultifamilyChesterfield
Attain at Swift Creek breaks ground
Adjacent to Kroger at Iron Bridge Marketplace
344 units, $93.3M, by Bonaventure; completion targeted Q1 2028.
Cushman & Wakefield | Thalhimer, Multifamily MarketBeat Q3 2026DevelopmentMultifamilyChesterfield
Vida on the Lake starts construction near Brandermill
The Lake, Brandermill
258 units, $72M, by The Breeden Co.; the first residential portion of The Lake.
Cushman & Wakefield | Thalhimer, Multifamily MarketBeat Q3 2026
July 2026
DevelopmentMultifamilyRichmond
Diamond District breaks ground on Dōma apartments
The Diamond, beside CarMax Park
276 units with about 4,000 SF of street-level commercial space; targets early 2028.
Richmond BizSense — Diamond District developer breaks ground on apartments beside CarMax Park
May 2026
DevelopmentMixed-useRichmond
Diamond District sets first phase
The Diamond
Phase 1 includes the 276-unit Dōma, a six-story office building, a 20,000 SF retail building, and a 180-room hotel.
Richmond BizSense — Diamond District developer to break ground on first building beside CarMax Park
April 2026
DevelopmentMultifamilyChesterfield
The Silas at West Hundred starts construction
I-95 / West Hundred Rd, Chester
390 units in 11 buildings, a $100M project; first units late 2027.
Richmond BizSense — Developers Lingerfelt, Middleburg to begin nearly 400-unit apartment project in Chester
March 2026
DevelopmentMixed-useChesterfield
State approves competing Chesterfield hospital projects
Chesterfield
VCU Health, HCA, and Bon Secours projects totaling $672M receive state approval.
Richmond BizSense — Chesterfield to get $672M worth of hospital projects from VCU, HCA, Bon Secours after state approvalDevelopmentRetailChesterfield
Whole Foods-anchored Midlothian Depot nears completion
Midlothian Tpk at Alverser Dr
About 87,500 SF of commercial space with a 36,000 SF Whole Foods, plus 60 townhomes.
Richmond BizSense — Project snapshot: Whole Foods-anchored Midlothian Depot nears completion