Old Manchester Lofts Condos For Sale
Manchester, VA
Having vision is one thing. Executing it is another.
In the early 2000’s, local developer Robin Miller purchased one of Manchester’s largest warehouses and not only say what others did not, but he built what he saw, despite being one of a small few who saw the potential in the Manchester district of Richmond VA. What he created was the first true urban residential renovations of scale in Richmond a began a movement of creative restoration of many of Richmond most spectacular, but blighted, properties in the urban core.
Featuring industrial/warehouse loft styled condos overlooking a central open atrium, the OML project was introduced to the marketplace with great fanfare and interest. Many still remember the launch party which featured numerous condos decorated by a talented group of interior designers, all of whom had a different take on how loft living should look.
When the market crash occurred in 2008-12, the mortgage market for condos changed and it has hurt projects which are heavily investor owned, and OML has felt that sting. When purchasing at OML, be sure to understand the mortgage qualifications of the owner’s association.