Sixty new apartments proposed for Hull Street
Jan 25, 2024 | by John M.
A special use permit is winding it’s way through the process to allow “for the purpose of a mixed-use building with off-street parking” at 1401-1407 Hull Street.
The new apartment building would contain ground level commercial space, 60 multifamily dwelling units, and a parking garage. The apartments appear to be market rate. [per Richmond BizSense: “The developers are pursuing low-income housing tax credits to help finance the development.”]
The property sold for an unlisted amount in March of 2023. The last listed sale was for just over $120,000 in October of 2015. According to Google Streetview the properties have been vacant since at least 2007.
1401-1407 Hull Street (2023)(via Google Maps)
This was approved by the Planning Commission last night
https://richmondbizsense.com/2024/02/07/planning-commission-approves-boutique-hotel-in-the-fan-new-bridge-on-arthur-ashe-blvd/
Planned 5-story building on Hull Street gets approval despite concerns
https://richmond.com/news/local/business/real-estate/richmond-hull-street-housing-residential/article_1f462f8a-c5e4-11ee-add8-97badba25a1f.html