400 apartments planned for Northside site near Six Points

Hundreds of apartments for low-income residents are on the drawing board for the Northside as an out-of-town real estate company continues to gain momentum in Richmond.

Elmington, a Nashville, Tenn.-based developer, has filed plans to build up to 400 apartments on a 23-acre parcel at 2811 Rady St., near the Six Points neighborhood.

The units would be available to residents earning up to 60 percent of the area median income and, if approved, the project would be one of the highest density developments for low-income renters in the city in recent years. last years.

This is one of two major real estate projects Elmington is pursuing in Richmond. A few weeks ago, the company announced plans to a 260-unit low-income housing project located at 2201 McDonough Street. on the south side.

The company is seeking a special use permit to greenlight the Rady Street development, which would reach four stories. Other specifications were not outlined in his plans.

Spokespeople for Elmington did not respond to requests for comment as of press time.

The Rady Street development, like the McDonough Street project, would be branded as Elmington Affordable. The company also has multifamily, senior living and construction divisions.

The 23-acre wooded site on Rady is zoned industrial and is owned by Fredericksburg-based Payne Trucking, which also was not available for comment.

The parcel is designated for industrial purposes in the city's Richmond 300 master plan, but Elmington notes in its SUP application that it is close to the Six Points neighborhood, which the master plan designates for “more neighborhood services and residential uses.”

“While this project does not meet the recommended industrial designation, it meets other goals of the master plan, including the creation of affordable housing,” Elmington wrote in his application.

Preston Lloyd of Williams Mullen represents Elmington in the eligibility process for the Rady Street and McDonough Street proposals.

Elsewhere on the Northside, Virginia Supportive Housing plans to build a four-story, 83-unit affordable housing complex across the street at 2900 Rady St., and a few blocks west is the former Mizpah Presbyterian Church, which is currently being redeveloped in a development of 66 housing units subject to income conditions.