LAWSON BREAKS GROUND ON SMITH RIDGE COMMONS IN ROANOKE, VA

22 November 2024

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.