Cordle Crossing Offers Affordable New Homes Along Richmond’s Hull Street Corridor

Feb. 21, 2013 - PRLog -- Richmond, VA – Cordle Crossing, a new home development planned at Hull Street and Swanson Road, was announced today by Innovative Builders of Virginia LLC (http://www.innovativebuilders.biz/). The development will feature 29 single-family homes starting at $163,950. It is the first major development project in the Hull Street revitalization corridor and is likely to help spur additional development.  

The 3-bedroom, 2.5-bath homes will be over 1600 square feet with an option for homeowners to add a garage and bonus rooms. The neighborhood will include several cul-de-sacs and corner lots. The model home is nearing completion and home sites are ready for construction to begin. New homes are available for purchase now.

“Cordle Crossing offers new homes at an affordable price in a great location,” said Kevin Sanford, president of Innovative Builders. “This development and the special financing options we’ve secured will provide the dream of homeownership for many while helping to revitalize the Hull Street corridor in Richmond and Chesterfield.”

The new homes in Cordle Crossing, which include a number of special features that allow buyers to customize their homes, are affordable and qualify for the Community Development Mortgage Program.  The program, administered by Wells Fargo, provides unique financing opportunities that make owning a home more realistic for moderate-to-low income individuals. Cordle Crossing is one of the few new communities in the Richmond region with access to this financing. Among the benefits for homeowners are a low down payment, lower out-of-pocket costs, allowable down payment and closing cost assistance, fixed interest rates for mortgage loans, no need for mortgage insurance, and no requirement to be a first-time homebuyer.

Cordle Crossing’s convenient location on Hull Street allows easy access to Richmond, Chesterfield, and Chippenham Parkway.

Cordle Crossing has been celebrated as a significant development project and brings new homes to an area that is the focus of revitalization efforts. This development is expected to spur further revitalization along Hull Street and could serve as the foundation for the area’s revival because a strong and stable housing market is critical to any community’s success.  

About Innovative Builders

Innovative Builders is a Virginia based residential and commercial construction company that has been building extraordinary structures for nearly three decades. Our quality workmanship has earned us a reputation as one of the nation’s premiere contractors. We specialize in ground-up construction as well as renovations, add-ons, and remodeling. We are experts in wood or steel constructions. For more information, visit: http://www.innovativebuilders.biz/.