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The celebrated architecture at 1710 E. Franklin St. is set for redevelopment. Photos by Katie Demeria.

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After purchasing a pre-Civil War era acreage in Shockoe Bottom this month, a brace of bounded developers has affairs to catechumen the architecture into apartments and bartering space.

Brian White and Stephen Salomonsky, sons of adept developers David White and Louis Salomonsky, afresh purchased 1710 E. Franklin St., accepted as the Anson Richards House, from the Democratic Party of Virginia.

They paid $850,000 for the 15,000-square-foot building, which was congenital in 1842. The accord bankrupt Sept. 16, burghal annal show. White and Salomonsky, both of whom additionally assignment with Celebrated Housing and Main Street Realty, are operating as 1710 E. Franklin St. LLC.

White said assignment will acceptable activate in the abutting ages to catechumen the architecture into 17 or 18 accommodation units and about 2,000 aboveboard anxiety of appointment space.

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“It’s a admirable architecture and in an breadth that, I think, is assertive for some big changes,” White said. “It’s activity to be a abundant block to advance in.”

White and Salomonsky bought the architecture for $850,000.

White cited the advance of the 17th Street Farmers’ Market as one of those changes, which he expects will accompany alike added bodies to Shockoe Bottom.

Plans are still in their aboriginal phases, and an artist has not yet been selected. Candela Architecture is the accepted contractor.

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The absolute activity is acceptable to amount about $3.1 million, White said, and the developers are advancing celebrated tax credits. They’re costs it with a accommodation from Union Bank & Trust.

White said they plan to blanket up architecture afore summer 2016. About a division of the apartments will be two-bedrooms, while the blow are set to be one-bedrooms.

Compared to Main Street Realty and Celebrated Housing’s projects, the East Franklin Street acreage is decidedly smaller, White said.

“But it’s activity to accept a lot of appearance because it’s a absolutely cool, old building,” he said. “It’s one of the few barrio actuality that was congenital afore the Civil War. It has a lot of appearance from an beforehand era.”

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Around the corner, Celebrated Housing is alive on the 76-unit Canal Lofts V, and addition massive activity amid 19th and 20th streets will add 160 units to Shockoe Bottom.

The Democratic Party of Virginia purchased the architecture and its 0.3-acre bindle in 2008 for $1.15 million. The accumulation has back busy new offices in about 5,000 aboveboard anxiety in the SunTrust Center downtown. The auction to White and Salomonsky was aboriginal appear by the Times-Dispatch.

The acquirement gives the White and Salomonsky families addition captivation on the area of Shockoe Bottom that has in the accomplished been floated as the abeyant armpit for a baseball stadium-anchored development. David White and Louis Salomonsky purchased the old Weiman’s Bakery acreage at 17th and Grace streets in 2013.

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