Middleburg Communities announced it has closed on a 13.48-acre land parcel at 9002 Brook Road in Glen Allen, Va. Middleburg plans to develop a 310-unit, class-A apartment and rental townhome community on the site (The Brook), marking one of only a select few market-rate developments to be built in the area in the last 20 years. Construction of The Brook is slated to begin this month, with the community scheduled to open in late 2024.
“We are pleased to have acquired this strategic land parcel just 15 minutes from downtown Richmond,” said Selim Tay-Agbozo, president of Middleburg Development. “Northern Richmond has been underserved for two decades now, and the pace of development has lagged the growth the area has experienced during this time. As such, there is a tremendous need for the type of product we plan to build. We look forward to leveraging our institutional-quality development platform to develop this project on time and to providing the residents in the area w
