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Developers sue landlord over Richmond alley

NFA claims the parking spaces (left), dumpsters (right) and the above HVAC deck are obstructing access to their property ahead. (J. Elias O’Neal)

RICHMOND, Va. — With a canal-front hotel deal in the works, the group behind The Locks development downtown is taking a neighboring landlord to court for allegedly blocking access to an alley that’s needed for the project’s next phase.

North Falls Acquisitions LLC – comprised of Fountain Properties’ Rick Gregory and Tom Papa, and WVS Cos. Jason Vickers-Smith and Richard Souter – is suing three business entities controlled by developer Margaret Freund, who runs Richmond-based Fulton Hill Properties.

At question is access to Pope’s Alley – a 35-foot wide private alley owned by both NFA and one of Freund’s companies, according to a lawsuit filed March 16 in Richmond Circuit Court.

Pope’s Alley is between 1300 E. Byrd St. – one of the remaining plots in the 7-acre Locks development – and Freund’s Lady Bird Hat Factory at 140 Virginia St., where CarMax recently moved in.

The hotel likely would take shape atop a site where an old warehouse building stands.

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