The Alexan Manchester is a Class A apartment project located at 418 Cowardin Avenue, in the heart of the Manchester Historic District – the most dynamically developing area of Richmond, Virginia.
The project is guaranteed by two of the leading developers in the US market:
– Trammell Crow Residential (TCR) – a multifamily apartment development unit of Crow Holdings, with over 48 years of experience and ranked in the Top 3 largest apartment developers in the US (NMHC 2024)
– Trinity Investors – a private investment firm managing a real estate portfolio worth over $6.1 billion, renowned for its high return on investment and safe investment strategy.
The project is developed under the “Alexan” brand by Trammell Crow Residential, following the “Urban garden-style” model, which combines urban design with green landscaping. The interior design and shared amenities are aimed at the high-end rental segment, competing directly with the leading premium products on the market.
The project is located right at the southern gateway of the city, perfectly connecting the historical downtown area and the expanding residential area, allowing residents to move conveniently while still maintaining a quiet, modern living space close to nature.
5-minute drive
The largest medical and educational center in the state – 8 minutes drive away
10-minute drive
20 minutes drive
About 2 hours drive
A private investment company specializing in real estate and high-growth projects.
The value of the managed real estate portfolio
Total distribution of Trinity Invertions
Successfully divested
Average holding time
Across America
Belonging to the ecosystem
Trammell Crow Residential (TCR) is a member of Crow Holdings, headquartered in Dallas, Texas – the leading developer of luxury apartments in the United States.
Real estate development experience
The apartment has been constructed and handed over.
Total investment value
The apartment is under construction.
The project has been completed.
Across North America
Trammell Crow Residential owns a network of offices operating directly in many areas, helping them understand the market and implement projects more effectively.
3819 Maple Avenue
Dallas, TX 75219
3715 Northside Parkway
Building 200, Suite 800
Atlanta, GA 30327
700 East 11th Street
Austin, TX 78701
6400 Congress Avenue
Suite 1050
Boca Raton, FL 33487
40 Washington Street
Suite 20
Wellesley Hills, MA 02481
750 Town and Country Blvd
Suite 520
Houston, TX 77024
527 W. 7th Street
Suite 200
Los Angeles, CA 90014
469 Bloomfield Avenue
3rd Floor
Montclair, NJ 07042
5790 Fleet Street
Suite 140
Carlsbad, CA 92008
7525 166th Ave NE
Suite D-240
Redmond, WA 98052
Crow Holdings Capital
Investment Management
TRAMMELL CROW RESIDENTIAL
Residential Development
CROW HOLDINGS INDUSTRIAL
Industrial Development
crow holdings office
Office Development
The developing heart of Virginia - A convergence of economy, education, and culture
Richmond is experiencing a strong development phase with a diverse economy and a high-quality young workforce from top universities like VCU. The rental real estate market here has high demand while supply is scarce, creating attractive and sustainable investment opportunities for EB-5 investors.
Population of the area
Population growth
Rental price growth
The occupancy rate of luxury projects
Perfectly connected to all the city’s essential amenities.
Manchester was once the old industrial area of Richmond, but thanks to smart urban planning, this area is now becoming a new destination for the youth and creative class.
Leading U.S. developers such as Trammell Crow Residential, Trinity Investors, and WVS Companies have all chosen this location to deploy their projects of high-end apartments, boutique hotels, and new commercial areas.
Over the past 5 years:
– The average rent for apartments in Manchester has increased by 28%.
– Land prices have increased by 35%, but are still 20% lower than in the Downtown area – creating room for long-term price increases.
– The new supply is limited, while the influx of young people is growing increasingly.
Urban Garden-Style - A green living space in the heart of the city
The Alexan Manchester is designed in the style of a high-end Class A Multifamily, harmoniously combining modern architecture with green spaces. Each apartment is equipped with high-end furniture, a private balcony, and a spacious view.
EB-5 capital is a loan with Take-Control Rights and has priority over the entire capital contribution of the investor.
The projected employment creation is outstanding: 562 jobs (524.4% surplus compared to the requirements of the US Immigration Department) ensuring safety for the Green Card.
Commitment to completion of construction by the investor managing over $31 billion in assets.
Commitment to capital return in case the I-526E petition is not approved for any reason.
EB-5 loan protection mechanism with a commitment from the investor
The project is developed and managed by a team of experts with over 30 years of experience in the EB-5, real estate, and investment fund management sectors. Each member is a leading expert in their field, ensuring the project is implemented professionally and transparently.
Excerpt from the project drawings
