The Foundry Apartments community offers two five-story buildings with a mix of quality affordable one-, two-, and three-bedroom units near Virginia Union University in the Northside neighborhood of Richmond. The apartments are a 100% affordable 4% LITHC community featuring luxury amenities not often associated with affordable housing, including a pool, fitness center, accessible playground, clubhouse, and outdoor fire pit and grilling area.
Spacious apartments include modern finishes with granite countertops in energy-efficient Energy Star rated buildings, including 10 UFAS accessible units for residents with disabilities. The 5.3-acre site was most recently home to a scrap metal recycling facility. Challenging environmental and geotechnical conditions required intentional and inventive remediation solutions, which were made particularly difficult due to construction material availability during the pandemic. Close by interstates, shopping, dining, entertainment, and employment provide residents with the ability to access local resources quickly.
Timmons Group worked with Lawson to bring this project to fruition. The Foundry Apartments were recognized at the 22nd annual Greater Richmond Association for Commercial Real Estate (GRACRE) awards for Best Affordable Housing.
