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Richmond BizSense Reporting Empty Bank of America Building to Become Apartments/Retail

Instead of an empty building they’re proposig 40 apartments and 8,000 square feet of commercial space.

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From the Richmond BizSense Article.

Daniil Kleyman and Duke Dodson’s Dodson Development Group are planning a 3-story mixed-use building at 4701 Forest Hill Ave.

An entity tied to Kleyman and Dodson bought the roughly 1-acre site in November 2022 for $1.2 million and a new building with 40 apartments and around 8,000 square feet of commercial space is planned.

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Kleyman pointed to the nearby Hill Standard project and planned redevelopment of the Westover Place shopping center as reasons for their bullishness on the Forest Hill and Westover Hills areas.

“It’s a great, established neighborhood but there’s also great momentum here already with new developments,” Kleyman said in an email.

The article has sketches of the planned development.

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Richard Hayes is the co-founder of RVAHub. When he isn't rounding up neighborhood news, he's likely watching soccer or chasing down the latest and greatest board game.