Cove Development is a Richmond-based real estate development firm focused on multifamily and mixed-use projects across the affordability spectrum — from mixed-use market-rate communities to affordable housing and LIHTC developments. We manage every stage of the development process, from site selection, entitlements, design, and financing through construction, lease-up, and long-term ownership.
Detailed financial modeling and layered capital structuring across equity, debt, and public programs.
Full-cycle management of predevelopment, entitlements, construction, and lease-up — on time and on budget.
We develop to own, with proactive asset management that protects value for investors and residents.
A 40-unit market-rate apartment community with just under 8,000 SF of commercial space in the Forest Hill neighborhood. Co-developed with Duke Dodson and Daniil Kleyman. Completed and leasing.
A 162-unit mixed-income development near the Maury Street traffic circle in Manchester, with 30% of units restricted to 80% area median income or below. Co-developed with Duke Dodson and Tom Papa.
A formerly vacant commercial space converted into 11 new apartment homes with Väsen Brewing Company occupying the ground floor. A true adaptive reuse project that brought new life to an underutilized building on the Forest Hill corridor.
A 60-unit LIHTC development at the corner of Hull Street and 14th as a partner in Catalyst Community Group.
A 112-unit LIHTC development at the corner of Hull Street and 15th as a partner in Catalyst Community Group.
Whether you're an investor, community partner, or property owner exploring development options — we'd be happy to talk.
