A rendering of the four-story building that would anchor the apartment complex. (Images courtesy City of Richmond)
A development that’s set to add a couple hundred income-based apartments is getting going near Midlothian Turnpike and Chippenham Parkway.
Work is underway on Urbana at Hioaks, a 216-unit complex by Indianapolis-based KCG Development that’s planned to fill a 12-acre site at 6850 Atmore Drive.
The undeveloped site is northeast of the Midlothian-Chippenham interchange, within the largely developed quadrant formed by Carnation Street. The site is next door to the Virginia Parole Board complex and just south of The Point at Beaufont apartments.
The six-building complex would be accessed via the southern terminus of Hioaks Road to the northwest, and off Atmore Drive to the south.
Plans call for a mix of one-, two- and three-bedroom units, most of which would be housed in a four-story building on the east side of the property. The rest of the units would be broken up between five smaller buildings, with a clubhouse planned at the Hioaks entrance.
The complex would consist of 40 one-bedroom units, 128 two-bedrooms and 48 three-bedrooms. The apartments would be income-based, with rents targeted to low- and moderate-income households.
Specific rent ranges and other details could not be confirmed. A call to KCG’s development manager on the project was not returned Monday afternoon.
A site plan shows the six-building complex with access off Hioaks Road to the northwest.
A development plan for the project was approved in August 2020, and permits for various site work have been rolling out in recent months. KCG purchased the property last August, paying $725,000, city property records show. FW Properties II LLC was the seller.
The city had assessed the land at $1 million.
Plans show the complex would include 344 parking spaces, with additional parking and storage facilities for bicycles. The buildings would surround a stormwater management pond, and an amenity space is planned beside the clubhouse. Elevations for the buildings show the apartments would have balconies.
KCG is working with CJMW Architecture, out of Lynchburg, and Richmond-based Timmons Group is the engineer and landscape architect.
The project appears to be KCG’s first in Richmond. The developer is a subsidiary of KCG Cos., a 7-year-old firm with a portfolio of 2,200 multifamily units. It has a property in Fredericksburg, Heights at Jackson Village, a 187-unit age-restricted complex completed last year. Other properties are in Texas, New York, Georgia and Wisconsin.
Meanwhile, the nearby Barrington at Hioaks retirement facility, formerly known as Beaufont Towers, is planning an expansion of its building at 350 Hioaks Road. The project would also widen its entrance and expand the parking lot. A community plan amendment to allow the expansion was set to go before the City Council at its meeting Monday night.
The area is across Midlothian Turnpike from the Rosie’s Gaming Emporium and across Chippenham Parkway from the Spring Rock Green shopping center, which Chesterfield County is planning to convert to a mixed-use development. The county recently named a developer for the first phase of that project.
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