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Manchester Getting More Apartments

Developer Sam McDonald of Property Results has acquired the one-story warehouse at 310 Stockton St. for $1.5 million, and interior demolition work is already underway.

McDonald said he hopes to have the apartment complex, called Stella 360, finished by the end of the year.

“We’ve been working with the seller for a while and got started on certain things” before closing on the sale, said McDonald.

The seller is staying on as a tenant in a separate 19,000-square-foot building that sits on the parcel, which covers a city block. They do business as Capital Door Systems.

The finished apartments will have high ceilings and rooftop decks, but McDonald said one of its best selling points will be the large windows.

More information can be found at RichmondBizSense.

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