Blog
News | 2 min read
Virginia Home buys $9m Hanover site for new facility
February 11, 2025
The Virginia Home has officially acquired the land it needs to make its move from the city to Hanover County.
The nonprofit recently paid $8.7 million for a 70-acre site in eastern Hanover, where it will relocate its Richmond home for disabled adults to a $128 million new-construction facility.
Plans call for a 160-bed residential facility across a 190,000-square-foot, one-story building that would rise near the intersection of Pole Green and Bell Creek roads. The project site is adjacent to the Food Lion-anchored Shoppes at Bell Creek.
Gilbane has been tapped as the project’s general contractor. Architecture firm Baskervill is handling the facility design. The two-parcel assemblage has a total assessed value of $1.6 million, and the sellers in the late-November deals were Shield Hanover Land Trust and Big Oak Development Co., according to online land records.
Site work for the Hanover facility is expected to start in July, with completion targeted for the fall of 2027, CEO Doug Vaughan said.
While its relocation plans have been reported previously, the Virginia Home on Thursday formally announced the move during an event at its current location, 1101 Hampton St. in the city. It plans to sell that property, where it has been based for nearly a century, to help finance the move.
- Topics:
- Hanover County
