Capita Square and its construction partners have broken ground on Scott’s Collection I, a ground-up, mixed-use multifamily development in the Scott’s Addition designated opportunity zone in Richmond, Va.
“Capital Square is thrilled to break ground on its first opportunity zone development in Scott’s Addition, a hip live, work and play neighborhood in Richmond,” said Louis Rogers, founder and CEO of Capital Square. “In spite of a global pandemic, Capital Square is on schedule and under budget, with favorable construction financing in place.”
Located at 3000–3008 West Clay St., Scott’s Collection I is a single-structure, ground-up development that will include a five-story, class A multifamily community with 80 units, private balconies and a lobby area. Situated on approximately 0.54 acres of land, Scott’s Collection I will feature a 3,700-square-foot, elevated courtyard and 65-70 onsite parking spaces. The corner-lot property has unobstructed views o
