Two developers have asked the City of Richmond to rezone about 6 acres at 2910 and 2950 Walmsley Blvd in South Richmond so they can build 200 apartments. The request is not approved, and the story does not report a hearing date. If you are shopping in the area, nothing has changed on the ground yet. Here is what was filed and what to watch.
The details come from a Richmond BizSense report published 12 Nov 2026. We summarize it here and add buyer context.
What the developers filed
Crescent Development and Spy Rock Real Estate Group are under contract to buy the site at Walmsley Boulevard and Atlantic Avenue, south of the railroad tracks. The seller is the board of trustees of the Virginia Conference of the United Methodist Church, a Henrico-based group, which bought the land two years ago from Walmsley Boulevard UMC. The existing church building would be torn down. The developers filed a conditional rezoning request with the city in October 2026.
| Item | Per the BizSense report |
|---|---|
| Apartments | 200, in three 3-story buildings |
| Building sizes | 87, 33 and 80 units (the 80-unit building adds a nearly 7,000 sq ft amenity space) |
| Average unit size | 918 square feet |
| Parking | Just over 300 spaces (274 pull-in, 30 parallel) |
| Site | 6 acres, part of a 13-acre assemblage that crosses the CSX tracks |
| City assessment | $1.24 million combined for the two parcels south of the tracks |
| Rent target | Households at 60% of area median income |
The plans show two entrances, one from Walmsley and one from Atlantic, plus a stormwater retention pond. The filings say the project would rely on state and local affordable-housing financing and grants. The article gives no construction cost, start date or completion date.
How a rezoning moves through the city
The City of Richmond’s rezoning application form lays out the steps. The Planning Commission reviews a request about a week before City Council hears it and sends Council a recommendation. After the ordinance is introduced, Council sets a public hearing, usually about 30 days later. During that stretch, notice is posted on the site, published in a daily newspaper and mailed to owners of properties within 150 feet.
A conditional rezoning also lets the applicant offer written conditions, called proffers, that must be signed by the owners. Those conditions are where neighbors and buyers learn the specifics, so read them once they are public. The BizSense story does not say which hearing dates apply here, so check the city’s agendas rather than assuming a timeline.
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Nearby projects from the same developers
BizSense reports Crescent and Spy Rock finished the 344-unit Foundry Creek apartments about a mile west, at Walmsley and Broad Rock Boulevard, earlier in 2026. That project also targets renters at 60% of area median income. The pair is also planning a 228-unit complex on the west side of Belt Boulevard, north of Warwick Road. Those are separate filings, so each needs its own look.
What this means if you are buying
- Do not assume an outcome. A filed rezoning can be approved, changed with conditions or denied. Treat the 200 units as a proposal.
- Look up any parcel you like. Ask us where to find the city’s land-use records for pending requests near an address before you write an offer. A buyer’s agent works for you, and our guide to the buyer representation agreement explains how that works in Virginia.
- Build your budget first. Use the mortgage calculator or talk with one of our preferred lenders, and see how seller credits and closing limits change cash to close.
Browsing other South Richmond neighborhoods? Our community guides for Manchester, Forest Hill and Stratford Hills cover those areas. For the full picture, start at the buyer page and the Henrico County hub if your search crosses the county line.
Watching South Richmond?
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Frequently asked questions
Is the Walmsley Boulevard project approved?
No. Per Richmond BizSense on 12 Nov 2026, the developers filed a conditional rezoning request with the city in October 2026. The article reports no approval and no hearing date.
Who owns the land today?
The board of trustees of the Virginia Conference of the United Methodist Church, a Henrico-based group, owns it, per BizSense. The developers are under contract to buy.
Would the church building stay?
No. BizSense reports the existing church building would be torn down for the apartments.
How big are the apartments?
BizSense reports an average of 918 square feet per unit, across buildings of 87, 33 and 80 units.
Who are the apartments aimed at?
The developers target renters earning 60% of area median income, per the BizSense report. The filings mention state and local affordable-housing financing and grants.
Who will review the request?
Under the city’s rezoning application form, the Planning Commission reviews it about a week before City Council, which holds a public hearing, usually about 30 days after the ordinance is introduced.
How would I be notified about a hearing?
The city’s form says notice is posted on the site, published in a daily newspaper and mailed to owners within 150 feet. Check the city’s published agendas for dates.
