Developer looking to expand apartment portfolio in Museum District

Four three-story buildings are planned on the site of an office complex.

October 6, 2014; 9:22 AM • by Trevor Dickerson

Justin Oliver, owner of Oliver Properties, has his eye on a 55-year-old office complex at Patterson Avenue and Nansemond Street.

If a special use permit is approved by City Council, Oliver plans to raze the Hill Davis complex and construct four three-story apartment buildings on the site, according to official plans filed with the city.

Oliver, typically a multi-family complex developer, doesn’t often buy commercial properties, but saw the Hill Davis tract as an appealing site for new development, telling Richmond BizSense:

“To get an entire city block in the Museum District is extremely rare,” company president Justin Oliver said. “We don’t have a Pizza Hut on the corner, we don’t have anything that’s going to distract or compete with us.”

Oliver’s company owns several nearby apartment complexes, including the adjacent Kensington Place apartments.

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