The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-28
PRICES 60 HIGHER
ON THE sOUTHs|DE
Property in Washington Ward
Has Greatly Increased Since
Annexation.
LARGE CAR BARNS
FOR SEVENTH STREET
Richmond's Added Territory Of
fers Special Inducements
Real Estate Men En-
thusiastic.

Real estate values. il In estimated.
have increasedth irty-three and one
third per cent. in Washington ward
since the consolidation of Manches-
ter and Richmond into Greater Rich
mond. In the business section of the
Southside property has changed
hands as many as half dozen times
within the II st six weeks and specu-
lators in re-. estate are now look
ing about for vacant lots to purchase.
While not a great deal OF building
II going on, there Is nevertheless
enough OF this to demonstrate that
many are alive to the opportunities
offered in Riehmond's new territory.
Residential property has not in
creased In value In proportion to the
increase in value of land lying along
Hull street and in the principal man
mfacturinE part OF Washington ward.
below Seventh street extending to the
river on the east side OF the main
snoroughfare Rent has been In
creased just frife. In sympathy
with the. business advance the resi-
deuce sites are bringing from 5000
to $500 more nov than they would
have brought the first of the year,
when the Southside city was u sepa-
q rate municipality.
Building Car harms.
The Virginia Railway and Power
Company Is greatly improving Sew
enth street A large car barn 10 be-
ing erected on the south side OF the
street. extending all the way from
Perry to Porter streets. More than
$4,000 will be expended IN the cree
ton Of this building. 1t Will be OF
brick and a story and half high
When completed side-tracks will be
run into the building and the Pc
tntaF1tfhun Will be
= housed here at night The barn
on the road half way between the
eockade City and Richmond win be
done away with. This VIII mean
that cars VIII leave here earlier In
the morning. In order to reach Pc
tersburg In time to bring the crowds
back to this city. Several of the HUI
and Ferry street cars will also De
stored In this barn at night, and
those who wish to get to Kichmone
early and who live below Ninth street
may be able to get a seat In one Of
the cars to leave the barns on Sew
enth street for Richmond and Chest
nut Hin and Highland Park
New Freight Depot.
But nothing has been such boost
for real estate In the principal manu-
featuring portion Of erstwhile Man
chester as the contemplated new
IfRlKHI 0NP0N LOT kuF o"Ape0Ao Nes
Line railway to be erected at Sixth
and Hull streets. Plans for this struc-
ture have been drawn and work has
already started on the spur track
that Is to tap the main line OF IN
s. A l.. at point In Chesterfield
known az Parkes's farm. The depot
building VIII be forty by TWO mum
dred feet and with add much TO the
appearance OF this part OF the city.
Near Ii is the large warehouse Of tn.
Miller Manufacturing Company and
adjoining this plant in the Standard
OH Company's plant mammoth build
inss standing between Second and
Third on stockton street. Across on
Seventh street Is the new warehouse
OF the Allegheny Tobacco Company,
building that stretches back for
one square and has frontage OF
more than nifty fest.
II In In this part OF the city that
real estate has changed hands 10 rap
Idly OF late. One piece Of property was
sold three weeks ago In Hull street
for Ave hundred dollars and last week
its original owner bought It back for
1ust double the amount. This was an
.exeepttonal case, however MesarK
Beveridge and Frost. merchants OF
Cary street, recently purchased . lot
In lower Hull street. paying more
than $4,000 for Il They are hold
fnr II for speculation.
Tehacoo Warehouses;.
Ar a tobacco center washington
Ward n fast coming into the lime
nrht Dibrei Brothers, OF Danvflic,
Honrht the property formerly owned
ana counted by the Frank shirt Com
naSv navinr : nun In excess OF &c.
900 for IT, They are now condvcting
vtatnr Tohacno COMPANY n operating
. Isrre warhouse IN acmmse Avenue
fn.t hsvond the old car barns,
J,.t nrior 10 annexat ion. uhen n
49, 4 forerone concIusion that Nam
ch~..er v,ould become : eart Of Rich
mona raj e.tste men Of the two
cities bought u practically MI the