Construction on Sadler Square, a 128-home development in Glen Allen will begin this year, with homes ready for sale in 2024, Vienna-based real estate developer Miller & Smith announced mid-February.
The 54-acre development is located at 4350 Glasgow Road near the Short Pump/Innsbrook Interstate 64 interchange on West Broad Street. The single-family houses will be roughly 3,200 square feet each with front-load garages. The company would not disclose the cost of development or estimated home prices, citing variables that could change before sales start in 2024.
Miller & Smith is seeking construction vendors to begin construction this year. It plans to develop and build the community in three sections, with development phases overlapping. Sadler Square’s first section will be 47 lots. The second will be 41 lots and the third will be 40 lots, according to Miller & Smith.
Founded in 1964, Miller & Smith has built more than 6,500 single-family homes, 10,000 townhomes and 2,000 condos across Virginia and Maryland. This is the company’s first new home project in the Richmond area, although it has previously developed lots and provided development oversight for financial partners in the area.