RICHMOND, Va. -- A group of first-time real estate developers are bringing new life to a pair of aging buildings in the Fan.
The rehab of 1501 and 1503 W. Cary St. has begun, with plans to renovate the 124-year-old buildings into a modernized mixed-use development with a half-dozen apartments and commercial space.
Leading the project are Richmond locals and friends Jordan Scroggins and Galal Bashir, who are taking it on with Jordan’s father Ken Scroggins, and his partner Susan Moats, as well as Galal’s father Ibrahim Bashir. The group bought the two buildings in late January for $1.1 million.
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