Capital Square Begins Construction on 352-Unit Multifamily Opportunity Zone Project in Scott’s Addition Neighborhood of Richmond

May 2, 2023

RICHMOND, VA – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced it has broken ground on a 352-unit, Class A multifamily development in the Scott’s Addition neighborhood of Richmond, Virginia, located within a designated qualified opportunity zone. Construction of the development is expected to be completed by Spring 2025.

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