A developer has bought 13 acres on Iron Bridge Road in Chesterfield County with plans to build 230 apartments.
Waverton Development Inc. bought the land at 6767 Iron Bridge Road for $4.025 million, according to Commonwealth Commercial Partners LLC, which represented the seller . The sale was completed Thursday.
Construction is underway on the apartment complex, a clubhouse and a pool. The first residents are expected to move in during the second quarter of 2021, Commonwealth Commercial Partners said.