Perfectly located in Richmond’s fastest growing neighborhood and in the high density TOD1 Zone, 2700 West Leigh Street offers a unique urban development opportunity with unprecedented density and versatility.
The Scott’s Addition neighborhood is enjoying an extraordinarily rapid transformation from its industrial history to a pedestrian friendly, young, hip and diverse upscale residential and commercial community. The property and neighborhood benefit by a central location off Arthur Ashe Boulevard and adjacent to Bow Tie Cinemas’ Movieland, with immediate access to major interstates, apartments, breweries, restaurants, entertainment venues, grocery stores and high-profile corporate office users.
The Greater Richmond region is stronger than ever with robust population and job growth, demographic diversification and unemployment rates at an all-time low. The demographic shift is driven by the millennial generation moving back into urban neighborhoods such as Scott’s Addition. Richmond has been recognized as a leading destination for the younger workforce and companies seeking talent. Richmond has accordingly experienced over 4% annual residential rent growth, placing it 11th in the nation. Scott’s Addition is Richmond’s number one choice for a growing workforce and its employers to call home.
