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CAHEC
Belle Summit Apartments – Richmond, Virginia
Belle Summit Apartments, developed by Resource Housing Group, Inc. and Landbridge Development, LLC, is a new construction community for families in the Old Manchester Redevelopment Area of Richmond, Virginia. This podium-style development has an urban feel; a gated parking garage sits below 50 residential units that boast skyline views of downtown Richmond and the James River. In addition to high-quality, modern apartments, the community features a technology center, a wellness center, meeting space, and a laundry room. Although the construction of Belle Summit Apartments faced several snags along the way – everything from timing issues to permitting difficulties – excellent teamwork between project partners led to a successful final product. This emerging part of Richmond has continuously faced a high demand for affordable housing. With the completion of Belle Summit Apartments, 50 additional families can now proudly call this great community home. The development adds to the success of a much larger revitalization plan for this up-and-coming area. CAHEC invested more than $6 million in equity in this development.
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