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Capital Square Tops Out 80-Unit Richmond MF Project

Capital Square has announced the topping out of Scott’s Collection I, an 80-unit multifamily community in the Scott’s Addition designated opportunity zone in Richmond, VA.

Located at 3000-3008 West Clay St., Scott’s Collection I is a single-structured, ground-up development that will include a five-story, luxury multifamily community with 80 units, private unit balconies and a lobby area. A ceremony was held by Capital Square and UrbanCore Construction, the general contractor of the project, to celebrate the topping out.

Scott’s Collection I is the first in a trio of developments that will make up “Scott’s Collection” in Scott’s Addition.

“Thanks to our construction team at UrbanCore and all of our other partners on this project, who have worked so hard to develop a best-in-class, luxury multifamily community under challenging circumstances,” said Adam Stifel, executive vice president of development at Capital Square. “It is no small feat getting to this point on time and within budget, given the pandemic and today’s construction environment.”


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Capital Square

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.