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William & Mary Plans 37 Townhomes | Virginia Beach News
William & Mary’s Real Estate Foundation is set to build 37 townhomes on Richmond Road, redeveloping the former Richmond Hall site — once a hotel, now student housing since 2017. The project requires special permits and rezoning, and follows recent purchases of adjacent properties including a former Montessori school. The foundation aims for an economically viable, architecturally harmonious development that respects the community, opting for townhomes over hotels or mixed-use buildings. While student housing impacts and pricing remain unclear, local experts predict strong market demand for…
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