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Dock Street condo project cancelled due to lack of interest
02/14/2017 8:33 AM by John M
In the works since at least September 2015, the 11-story One Shiplock condo project on Dock Street is being cancelled due to lack of interest.
Developers David Johannas, Jerry Peters and Howard Kellman have pulled the plug on One Shiplock, an 11-story, 15-unit building planned at 2723 E. Cary St.
The project, which was valued at $10 million, did not secure one buyer since floorplans hit the market last June. The highest-priced units were listed at $1.55 million.
I really thought this was a joke headline–along the lines of The Onion.
For $1.5 mil, you can get a nice place near Pony Pasture that isn’t subject to the sounds of trains outside your window several times a day.
Isn’t that area around Shiplock park an unprotected flood plain?
I did check my calendar just now. It’s not April 1st…
I hate to see this go but $1.5-ml is a bit steep for the Richmond area at this stage. If we were some sort of city people are drawn towards worldwide to live in, possibly. And like someone said, the train is literally within feet away.
Maybe a 30-story high-rise with cheaper apartments? Or even an alternate site for the Glenwood Ridge project?
Glad I’m not the only one who thought this was an April Fool’s joke that came too early.
Personally, I’m happy that there will be one less David Johannas designed building in the area.
Score! No more high rises blocking the River view!! Great news
Kay9…That we can agree on!
Though this was one of his better designs. Not his usual Frankenbuildings.
Prime property will always have a water view, including “from” a building. The city will never move forward and bring in professional people looking for high-rise living if everyone keeps knocking down every waterfront plan proposed.
Better yet, tell us just where along the James is a perfect spot for a premium living high-rise to be built to attract people to this area?
When the 12-story Gallego mill building was constructed in 1848, it was the largest structure on the Eastern coast, and the largest brick building in the United States. People complained about the “view” then but learned to live with it as it drew in revenue.
The train is not really a problem. You get used to that real fast.
i think building in the floodplain is kinda poor planning anyway. If we are interested in the long term.
Especially since every legitimate climate scientist seems to agree that we are likely to see more and bigger storms as well as higher sea levels.