LOMOND VILLAGE Sold
Highlights
SOLD
JR Real Estate Group acquired and successfully entitled 14.2 acres of property in Manassas, Virginia, adjacent to major shopping Westgate Plaza Giant Food and minutes from Costco. Lomond Village is a future mixed-use development of 84 townhouses, 73 multifamily (2o2) units, and 1.6 acres of commercial space. JR Group rezoned the property from General Business to mixed-use.
The project will be developed and delivered by NVR Homes ($10.5 billion in revenue in 2022). Construction is expected to start in mid-2023.
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