Lawson Breaks Ground on Smith Ridge Commons in Roanoke, VA

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Lawson Breaks Ground on Smith Ridge Commons in Roanoke, VA
Added on November 27, 2024 by Dan Hankin to Member News

Lawson Breaks Ground on Smith Ridge Commons in Roanoke, VA

Lawson is excited to announce the groundbreaking of Smith Ridge Commons, a new multifamily apartment community in Roanoke, Virginia. This Low-Income Housing Tax Credit (LIHTC) development will bring 216 new affordable apartment homes to the area, providing high-quality housing for individuals and families earning up to 60% of the area median income (AMI).

Smith Ridge Commons represents Lawson’s first development in the Roanoke market and is part of the company’s ongoing commitment to addressing the supply shortage of affordable housing across Virginia.

Situated on 12 acres at the intersection of Cove Rd. and Peter’s Creek Rd., Smith Ridge Commons will feature a mix of one-, two-, and three-bedroom apartments in seven residential buildings. Eleven of these homes will be UFAS-accessible units, ensuring inclusivity and accessibility for residents.

Smith Ridge Commons will exceed energy-efficiency standards, earning Earthcraft Gold and Energy Star certifications. This reflects Lawson’s dedication to sustainability and providing residents with comfortable, cost-effective living options.

“We are thrilled to bring Smith Ridge Commons to the Roanoke community,” said Carl Hardee, President and CEO of Lawson. “This project embodies our mission to positively impact people and reflects our belief to provide all Virginians with a high-quality place to call home.”

The first apartments are expected to welcome residents in late Summer 2025. Smith Ridge Commons marks an important milestone for Lawson as the company continues to grow its portfolio, which currently includes over 5,000 managed apartments and over 800 apartments under construction across Virginia.

 For more information about Smith Ridge Commons or Lawson’s other projects, please visit www.smithridgecommons.com.

 

About Lawson

At Lawson, we understand that what we do – and how we do it – affects the everyday lives of people we care about. We focus on positively impacting people, from team members and residents to investors and business partners. We manage and own approximately 5,100 apartment units and continue to grow with nearly 700 units in development. Our business model provides vertical integration of development, construction, property management and asset management services, which enables our team of experts to add value at every stage for our partners. When you act with integrity, focus on quality and work to find creative solutions, great things are possible. It’s how we’ve done business at Lawson for more than 50 years. For more information, please visit www.lawsoncompanies.com.