Capital Square Breaks Ground on Fifth Opportunity Zone in Virginia

April 18, 2023

Capital Square, a sponsor of tax-advantaged real estate investments and developer of multifamily communities, has started construction on a 352-unit Class A multifamily development in the Scott’s Addition neighborhood of Richmond, Virginia.

Located at 2929 W. Clay St., 2922 W. Marshall St., and 2925 W. Marshall St., the community will include three seven-story adjoining multifamily buildings above podium parking with over 5,350 square feet of ground-level retail space.

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