Groundbreaking of Capital Square’s Fifth Opportunity Zone in Virginia
April 18, 2023
Capital Square, a sponsor of tax-advantaged real estate investments and developer of multifamily communities, has broken ground on its fifth Opportunity Zone project in Virginia. Located at 2929 W. Clay St., 2922 W. Marshall St., and 2925 W. Marshall St., the 352-unit Class A multifamily development is located in the Scott’s Addition neighborhood of Richmond, Virginia and includes three seven-story adjoining buildings above podium parking with over 5,350 square feet of ground-level retail space.
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