Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1903-01-11
MANY FINE HOUSES,
HEALTHY CITIZENS nu1LD. BEAU
rnrL HOMES IN LEE DISTRICT.
DEVELOPED RAPlDL Z,
srsces Have Advanced and Many
improvements Have Been. Carried
into Observation-Disclosures Largely.
Increased by The Proposed Erec-.
aon of standpipe.

transformation is taking place In the
ryes District. Houses are sprfngine IN
4 Hge mushrooms until the barren fields
~ mud are changing into broad avenues
md residential plots. viii signs of the
city's growth in every direction. Two
years ago there We're vacant fields about
4hn Lee monument, now the district is
alive with residences ranging ia price
from 5000 10 $4,000: there is water, gas.
and electricity; q new sixty thousand dol
lar sewer has been completed and placed
IN operation while instead of unpaved
sidewalks. sranolithic paTelnents are be-
ginning TO appear.
improvements have been as general as
hey have rapid. and this because there
Tas an urgent demand for tie develop
men; OF the district as it is the natural
position into which the city should grow
The history OF this development is found
IN the history of the susging young blood,
which is fast sending Richmond to the
'front.' Of commercial center of the South
The conservative and sluggish peo-
ole are being forced into the background.
and The city has taken new lease on
HE Prominent in the development of the
district might be named Colonel John
s Harwood- who has built there mag
nifcenE home; Mr. Pollard, the we'll
known real estate man; Mr.. O.. Herbert
Funston. the sons OF Siessrs. N. w. Bowe,
j. D. Garneal, and many others more or
lass interested in real estate
LARGE SUMS HAVE BEEN PAID.
The phenomenal advance in the price Of
building property does not smack Of real
ity, but cases Where large SUNG have
eaen made are too numerous to gain
say the truth OF the stories sent broad
cast.
Last april some property facing the
snos-string park, which runs north on
Monument avenue from the Lee nonu-
ment was offered for sale az $3.50 front
foot; the prospective buyer took three
weeks to deliberate, and when he re-
turned to take the property he was in
gormed that the price was SIS: three weeks
leter Il had gone to sE. and sold some
what later at $50 front foot Such ad-
vancss II is said. are not isolated cases,
but are the general rule.
Such booming OF prices has LED many
investors and SPECTATORS into the field.
but the growth Is healthy. for the reason
that Richmond is congested in nearly
every quarter on account Of the abundant
lack Of city improvements. and this dis
trtct is about the only place to erect hand
some dwellings to accommodate the rapid
iy-.ncreasing population. The scarcity OF
conforta bic homes is more than empi1s-
sized by the large increase in the amount
Of rent charged for houses. which in some
cases is said TO be more than thirty per
cent. within the past eighteen months.
The one drawback to the district Is the
fact that there is little or no restriction
placed upon the kind OF house that may
be erected: there may be building line.
II is said. but there is nothing-not even
community sentinaent-that will govern
The architecture or prevent people from
building their houses together on 2s-foot
lots into one cengromerate mass. This
has prejudiced many aesthetic people
against the section and builders.
BRISK TRADING DONE
Within the year between $50 and 200
building lots have changed hands. and
many houses have been erected. or will
go UP in the spring. The most OF these
are homes built by men who own them
which will give the section stability. but
thers are some houses. also that are be-
ing built as an investment, and will be
Sented TO tenants.
Tha nepc eJe~S.pinn vN}cr, 1ciIj t,A l~cr,