For those who have followed our earlier reports of Fountainhead’s planned towers at the western base of the Mayo Bridge in Manchester, it appears the project is beginning to pick up steam.
The project involved negotiation with the City of Richmond because bridge work across the City owned Manchester Canal was necessary to enable the development. The deal also included a land swap with the City adjacent to the property.
Richmond BizSense reports the towers are now being called South Falls, and the first tower is due to start construction this summer:
“Called South Falls I, the first tower would include 256 apartments with river views in the 14-story, L-shaped building, according to plans filed with the city. It also will include 2,400 square feet of ground-level retail fronting the canal at the entryway of the development.
No plans for the second tower, South Falls II, have been filed. Papa estimates that building could total 225 apartments.”
The project is reportedly a $100 Million development.