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Reynolds South plant to be transformed into apartments, more

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Southside

RICHMOND, Va. (RichmondBizSense.com) – With an almost $10 million deal sealed, a big-time Southside development is taking shape.

Thalhimer Realty Partners closed Wednesday on its purchase of Manchester’s former Reynolds South plant with plans to build about 260 apartments and, eventually, a mixed-use development with office and retail components.

Thalhimer paid $9.25 million for the 17.2-acre Reynolds property, which is one of the city’s largest pieces of developable land and is considered a potential centerpiece for continued growth in Manchester.

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