Rocketts Landing development straddling Richmond, Henrico in full swing again

Rocketts Landing, a mixed-use, high-density development, is back on track with construction in full swing.

The first units in a 156-unit apartment building on the Henrico side are scheduled to be finished in April. Across the street, the first of 28 town houses in various stages of development by HHHunt Homes, is sold and occupied.

 Also in this section will be 12 town houses fronting Old Main Street, on the 5100 block of the main road through the development. A blue warehouse demolished by year’s end will make way for these town houses, also to be built by Henrico-based HHHunt.

By the end of July, all but one parcel in this second phase of construction — encompassing four city blocks — should be finished. An additional 130 apartments are planned for the remaining parcel, but construction won’t start until the first building is well on its way to being fully leased, Souter said.

Apartments in general rent for $1,100 to $2,100 a month in Rocketts Landing. The new town houses are expected to sell for $400,000 to more than $600,000.

Rocketts Landing has gotten a boost from the nearby Stone Brewing complex, he said. The brewery is running and the company is working on a bistro and beer garden.

With the brewery project, the city is reconfiguring the streetscape from Poe’s Pub to Rockets Landing, providing another boon for the development. “It will give Rocketts Landing a very attractive entryway,” Souter said about the city’s efforts.

Throw in the Virginia Capital Trail, a 52-mile bicycle and walking trail that goes through Rocketts Landing, and next year’s start of Pulse bus rapid transit line from there to Willow Lawn in Henrico. “Those were the final links that Rockets Landing needed to tie itself into the downtown fabric,” Souter said.

Rocketts Landing got off to a slow start in 2005, just as the nation was heading toward recession. Housing prices peaked in 2006 and hit new lows in 2012 before turning around.

Homes for sale in Rocketts Landing

Pss’t I’m a real estate agent

This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of the Williamsburg/ Richmond/ Hampton Roads area and his expertise helping buyers and sellers in the local real estate market.

If you are a home owner searching for someone innovative to sell your home I would love to share my thoughts on marketing. You can read some of the stories I have written about the homes I have sold here.

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About mrwilliamsburg

I love Williamsburg !
Being “Mr. Williamsburg” and starting my web site in 2004 has been a great way for me to help people looking for homes for sale, communities and an “insider knowledge.” of the area.
Turned out I was onto something. Because I offer in-depth information and up-to-the-minute blogging, even international clients have found me. One couple, moving back to the States from France, told me that a post I wrote blog about grocery shopping in Williamsburg convinced them that Williamsburg was the place to be, and that I was the best source by far that they found on the web.
I’m happy to say that I hear similar comments from many of my clients looking for homes throughout Williamsburg and Hampton Roads.
I grew up in Virginia Beach, Va, After attending college, I worked at a number of positions including manager of a land development and construction company and business manager of a cut flower business that we grew in sales from $300,000 to $15 million (we were supplier to Whole Foods and one of the first cut flower suppliers to Costco).
In 2004, it seemed like a good time to simplify my life. I moved my family from Annapolis to Williamsburg. I went into real estate with Liz Moore and Associates, and was one of the initial agents when Liz opened her Williamsburg branch.
My sons Zach and Josh attend Lafayette High School and Hornsby Middle School and are crazy about sports and the outdoors.
I feel lucky to be living the dream, and saving two to four hours by not driving on the DC beltway every day. So, I can now spend my time with family while concentrating on learning — and sharing — information about living in Williamsburg.
In real estate, no two people or transactions are the same. Everything’s a challenge, and I’m rewarded every time in close a transaction and have the opportunity to see the smiles on clients’ faces.
Please email or call me for assistance with any real estate questions about the area or 757 254 8136