Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • Women in Leadership
    • Legal Elite
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Call for Nominations: 2024 Virginia Black Business Leaders Awards
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
    • Order Women In Leadership Plaques
  • Virginia 500
    • Read The Issue
    • Buy an award plaque
    • Suggest execs for 2024

Advertisement

Header Primary Menu

  • Issues
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • Women in Leadership
    • Legal Elite
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Call for Nominations: 2024 Virginia Black Business Leaders Awards
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
    • Order Women In Leadership Plaques
  • Virginia 500
    • Read The Issue
    • Buy an award plaque
    • Suggest execs for 2024

Home News Stanley Martin buys Richmond parking lot for $3.9M to develop town homes

Stanley Martin buys Richmond parking lot for $3.9M to develop town homes

Divaris Real Estate handled the sale.

Published March 4, 2020 by Sydney Lake

Stanley Martin Companies LLC purchased 1.165 acres at 1027 North Lombardy St. in Richmond from Sylvia Place Properties LLC for $3.9 million.
Stanley Martin Companies LLC purchased 1.165 acres at 1027 North Lombardy St. in Richmond from Sylvia Place Properties LLC for $3.9 million.

Reston-based Stanley Martin Cos. LLC has purchased a 1.16-acre parking lot at 1027 N. Lombardy St. in Richmond from Sylvia Place Properties LLC for $3.9 million, Virginia Beach-based Divaris Real Estate Inc. announced Wednesday. 

Read Goode and Cheryle Toy represented Stanley Martin in the transaction. Stanley Martin also has 2.25 acres of adjacent property under contract. The company has filed a special-use permit with the city of Richmond to construct 90 “two-over-two” town homes — a rowhouse divided into two two-story residences — on the land. Timelines for the project have not been released.

Stanley Martin Homes has properties in Henrico and Chesterfield counties, as well as other locations in the state.

The N. Lombardy St. property is located less than a mile from Interstate 95 in Richmond’s historic Carver neighborhood near Virginia Commonwealth University’s Siegel Center.

 

Related Stories

GreenCity rendering courtesy Henrico County

Henrico County announces $2.3B GreenCity arena project

Project on former Best Products HQ site to include 17,000-seat arena, hotels, retail, office and housing

A 353,044-square-foot industrial facility is in the works at Meadowville Technology Park in Chesterfield County.

Manufacturing/logistics building coming to Meadowville Technology Park

Project is first spec development at Chesterfield County-owned tech park

Virginia Business logo

Developer expects to break ground soon on luxury apartments in Richmond

Project would bring 53 apartments to downtown vacant lot

Trending

44 Va. schools make U.S. News and World Report’s 2024 list

Falwell Jr. lawsuit targets Prevo, Liberty board members

U.Va. receives $50M gift from Breeden Co. founder

Youngkin signs executive directive on AI

Richmond lodge appeals court’s casino ruling

Sponsored Stories

Part 1: 2024 a year of Logistics nightmares or a re-awakening?

Are you the biggest target for cyber security bad actors?

P.A.I.N.T. Your Financial Mountain

Advertisement

Advertisement

Trending

44 Va. schools make U.S. News and World Report’s 2024 list

Falwell Jr. lawsuit targets Prevo, Liberty board members

U.Va. receives $50M gift from Breeden Co. founder

Youngkin signs executive directive on AI

Richmond lodge appeals court’s casino ruling

Sponsored Stories

Part 1: 2024 a year of Logistics nightmares or a re-awakening?

Are you the biggest target for cyber security bad actors?

P.A.I.N.T. Your Financial Mountain

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk