{"id":2570,"date":"2023-07-24T18:13:10","date_gmt":"2023-07-24T18:13:10","guid":{"rendered":"https:\/\/capitalsquare1.wpengine.com\/?post_type=case-study&p=2570"},"modified":"2025-04-24T20:40:23","modified_gmt":"2025-04-24T20:40:23","slug":"otis","status":"publish","type":"case-study","link":"https:\/\/capitalsq.com\/case-studies\/otis\/","title":{"rendered":"Otis"},"content":{"rendered":"

\u201cOtis,\u201d a 350-unit six-story Class A multifamily apartment building, fills an entire city block at the corner of Roseneath and West Moore Streets in Richmond\u2019s thriving Scott\u2019s Addition neighborhood. The project offers a combination of studio, one-, two- and three-bedroom apartment units with bespoke kitchen and bathroom finishes, one-of-a-kind community spaces and over 16,000 square feet of retail.\u00a0<\/p>\n\n\n

Construction Cam Timelapse<\/span><\/a><\/div><\/div>\n\n\n

“Richmond\u00a0is one of the Mid-Atlantic region’s most attractive real estate markets, and the\u00a0Scott’s\u00a0Addition neighborhood is among the city’s fastest growing and most compelling sub-markets,” said Whitson Huffman, co-chief executive officer of Capital Square. “Otis, with its attractive design and high-end amenities, is a premier mixed-use multifamily community that will further accelerate the transformation of Scott’s\u00a0Addition into one of Richmond’s most popular and thriving neighborhoods.”<\/p>\n\n

Talented local artists created four dramatic murals for Otis. The largest, designed by Emily Herr of Herr Suites, spans half of Norfolk Street and turns the corner onto McTavish Avenue. Tim Skirven designed the vibrant space above the hospitality bar; Naomi McCavitt of Thicket Design, crafted the textured wall mural for the lobby; and Andre Shank\u2019s modern installation pulls together the creative concepts of each floor in the main elevators.<\/p>\n\n

Capital Square, in partnership with Greystar Real Estate Partners, officially opened the doors of Otis in May 2023.<\/p>\n\n

Quick Facts<\/span><\/h4>\n\n
    \n
  • Six-story, luxury, Class A multifamily community with 350 units<\/li>\n\n\n\n
  • \u201cMain and main\u201d location<\/li>\n\n\n\n
  • 16,670 square feet of retail space<\/li>\n\n\n\n
  • 380 parking spaces<\/li>\n\n\n\n
  • 2.8 acres of land \u2013 an entire city block<\/li>\n<\/ul>\n\n
    \n
    \"Seating\/hang<\/figure><\/div><\/div>\n\n
    \"Kitchen<\/figure><\/div><\/div>\n<\/div>
    <\/span><\/div>
    <\/span><\/div>
    <\/div>
    #\/#<\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

    \u201cOtis,\u201d a 350-unit six-story Class A multifamily apartment building, fills an entire city block at the corner of Roseneath and West Moore Streets in Richmond\u2019s thriving Scott\u2019s Addition neighborhood. The …<\/p>\n","protected":false},"featured_media":2909,"template":"","meta":{"featured_image_background_position":"","subtitle":"Richmond, Virginia","offering":"CSRA Opportunity Zone Fund V","footnotes":""},"class_list":["post-2570","case-study","type-case-study","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\nOtis - Capital Square - Raising capital, buildings and expectations<\/title>\n<meta name=\"description\" content=\"\u201cThe Otis,\u201d a 350-unit six-story Class A multifamily apartment building, fills an entire city block in Richmond\u2019s thriving Scott\u2019s Addition neighborhood.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/capitalsq.com\/case-studies\/otis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Otis - Capital Square - Raising capital, buildings and expectations\" \/>\n<meta property=\"og:description\" content=\"\u201cThe Otis,\u201d a 350-unit six-story Class A multifamily apartment building, fills an entire city block in Richmond\u2019s thriving Scott\u2019s Addition neighborhood.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/capitalsq.com\/case-studies\/otis\/\" \/>\n<meta property=\"og:site_name\" content=\"Capital Square - Raising capital, buildings and expectations\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/capitalsquarerealestate\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-24T20:40:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/capitalsq.com\/wp-content\/uploads\/2023\/07\/Otis_ToWeb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1320\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/capitalsq.com\/case-studies\/otis\/\",\"url\":\"https:\/\/capitalsq.com\/case-studies\/otis\/\",\"name\":\"Otis - Capital Square - Raising capital, buildings and expectations\",\"isPartOf\":{\"@id\":\"https:\/\/capitalsq.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/capitalsq.com\/case-studies\/otis\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/capitalsq.com\/case-studies\/otis\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capitalsq.com\/wp-content\/uploads\/2023\/07\/Otis_ToWeb.jpg\",\"datePublished\":\"2023-07-24T18:13:10+00:00\",\"dateModified\":\"2025-04-24T20:40:23+00:00\",\"description\":\"\u201cThe Otis,\u201d a 350-unit six-story Class A multifamily apartment building, fills an entire city block in Richmond\u2019s thriving Scott\u2019s Addition neighborhood.\",\"breadcrumb\":{\"@id\":\"https:\/\/capitalsq.com\/case-studies\/otis\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/capitalsq.com\/case-studies\/otis\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/capitalsq.com\/case-studies\/otis\/#primaryimage\",\"url\":\"https:\/\/capitalsq.com\/wp-content\/uploads\/2023\/07\/Otis_ToWeb.jpg\",\"contentUrl\":\"https:\/\/capitalsq.com\/wp-content\/uploads\/2023\/07\/Otis_ToWeb.jpg\",\"width\":2000,\"height\":1320,\"caption\":\"Beautiful seating area in Otis with outdoor balcony and view of the city.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/capitalsq.com\/case-studies\/otis\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/capitalsq.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Case Studies\",\"item\":\"https:\/\/capitalsq.com\/case-studies\/all\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Otis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/capitalsq.com\/#website\",\"url\":\"https:\/\/capitalsq.com\/\",\"name\":\"Capital Square - Raising capital, buildings and expectations\",\"description\":\"Capital Square is one of the nation\u2019s leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/capitalsq.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Otis - Capital Square - Raising capital, buildings and expectations","description":"\u201cThe Otis,\u201d a 350-unit six-story Class A multifamily apartment building, fills an entire city block in Richmond\u2019s thriving Scott\u2019s Addition neighborhood.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/capitalsq.com\/case-studies\/otis\/","og_locale":"en_US","og_type":"article","og_title":"Otis - Capital Square - Raising capital, buildings and expectations","og_description":"\u201cThe Otis,\u201d a 350-unit six-story Class A multifamily apartment building, fills an entire city block in Richmond\u2019s thriving Scott\u2019s Addition neighborhood.","og_url":"https:\/\/capitalsq.com\/case-studies\/otis\/","og_site_name":"Capital Square - Raising capital, buildings and expectations","article_publisher":"https:\/\/www.facebook.com\/capitalsquarerealestate","article_modified_time":"2025-04-24T20:40:23+00:00","og_image":[{"width":2000,"height":1320,"url":"https:\/\/capitalsq.com\/wp-content\/uploads\/2023\/07\/Otis_ToWeb.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/capitalsq.com\/case-studies\/otis\/","url":"https:\/\/capitalsq.com\/case-studies\/otis\/","name":"Otis - Capital Square - Raising capital, buildings and expectations","isPartOf":{"@id":"https:\/\/capitalsq.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/capitalsq.com\/case-studies\/otis\/#primaryimage"},"image":{"@id":"https:\/\/capitalsq.com\/case-studies\/otis\/#primaryimage"},"thumbnailUrl":"https:\/\/capitalsq.com\/wp-content\/uploads\/2023\/07\/Otis_ToWeb.jpg","datePublished":"2023-07-24T18:13:10+00:00","dateModified":"2025-04-24T20:40:23+00:00","description":"\u201cThe Otis,\u201d a 350-unit six-story Class A multifamily apartment building, fills an entire city block in Richmond\u2019s thriving Scott\u2019s Addition neighborhood.","breadcrumb":{"@id":"https:\/\/capitalsq.com\/case-studies\/otis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/capitalsq.com\/case-studies\/otis\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/capitalsq.com\/case-studies\/otis\/#primaryimage","url":"https:\/\/capitalsq.com\/wp-content\/uploads\/2023\/07\/Otis_ToWeb.jpg","contentUrl":"https:\/\/capitalsq.com\/wp-content\/uploads\/2023\/07\/Otis_ToWeb.jpg","width":2000,"height":1320,"caption":"Beautiful seating area in Otis with outdoor balcony and view of the city."},{"@type":"BreadcrumbList","@id":"https:\/\/capitalsq.com\/case-studies\/otis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/capitalsq.com\/"},{"@type":"ListItem","position":2,"name":"Case Studies","item":"https:\/\/capitalsq.com\/case-studies\/all\/"},{"@type":"ListItem","position":3,"name":"Otis"}]},{"@type":"WebSite","@id":"https:\/\/capitalsq.com\/#website","url":"https:\/\/capitalsq.com\/","name":"Capital Square - Raising capital, buildings and expectations","description":"Capital Square is one of the nation\u2019s leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/capitalsq.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/case-study\/2570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/case-study"}],"about":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/types\/case-study"}],"version-history":[{"count":0,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/case-study\/2570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/media\/2909"}],"wp:attachment":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/media?parent=2570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}