The first building at Village Walk at New Town is nearly complete. (Gregory Connolly/WYDaily)
Construction continues around Settler’s Market, where crews are working on the first buildings in a community of 106 townhouses called Village Walk at New Town.
Village Walk is set behind the existing Settler’s Market shopping center and Trader Joe’s, where it straddles Settler’s Market and Casey boulevards. The first building is nearing completion, with a model home expected to be on display by January, said David Fortin of Eagle Realty.
Fortin’s company is the marketing arm of Richmond-based Eagle Construction, which is behind the construction of Village Walk. The neighborhood, which is Eagle’s first foray into the Historic Triangle, features four-story townhouses arranged in clusters of four and five along with community amenities including a swimming pool.
Elsewhere in the Settler’s Market area, construction continues on the final commercial buildings in the area. About 7,000 square feet of retail space has remained open in Settler’s Market since the April announcement Smallcakes and Wild Birds Unlimited were set to move into the shopping center.
Settler’s Market is part of the broader New Town development, much of which has already been built. Much of what remains to be built is currently under construction, like Village Walk and the apartments behind Windsormeade Marketplace. The undeveloped land is limited to a handful of parcels scattered throughout New Town and a large tract behind Settler’s Market and Village Walk. A conceptual plan filed with the county in July shows about 80 homes and townhouses along with another area where multi-family homes — such as apartments — would be built on that land.
Like much of the rest of New Town, the Settler’s Market area was built with a mix of residential and retail in mind. That vision will begin to be realized when Village Walk opens for sale early next year.
The nearly completed building as it appears from inside Settler’s Market (Gregory Connolly/WYDaily)
Fortin said the townhouses in Village Walk will start at around $330,000. Eagle Construction offers a range of extras for the townhouse, including an elevator system and an outdoor rooftop terrace. The townhouses will be built as they are sold, and buyers will have a chance to go inside before work is finished to customize their future home.
“We’re not a cookie cutter builder where we throw up [finished houses] and try to sell it the way we want to sell it,” Fortin said.
The homeowner’s association fees will cover all outside maintenance costs like grass cutting, leaf collecting and power washing to create a low-maintenance experience, he said.
Since this is Eagle’s first foray into the market, Fortin said there is not a specific demographic being targeted as the company is still learning the area. He said the company is selling similar townhouses in the Richmond area to a broad demographic, including families with children, divorcees and single people living on their own.
The townhouses will be three to four bedrooms, with a first floor bedroom or office. The second floor will feature the main living area, with a kitchen and living room. The third floor will contain bedrooms and the fourth floor will be either a bonus room or the outdoor terrace.
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