Listings update live from CVRMLS · Profile last reviewed July 2026
The Village at Virginia Center Commons is a purpose-built condominium community in Glen Allen that started in 1997 and is still delivering new construction today. The current product is the Stanley Martin two-over-two — two complete homes stacked in a single vertical footprint. Well over eighty recorded closings, a resale market that has climbed steadily, and — at any given time — a handful of brand-new units listing at a clear premium over resale. But the reason to look closely here is not the building type. It is what is happening on the 70 acres next door.
Insider’s view — any red flags?
This is a standard Stanley Martin two-over-two, and it should be priced as one — do not pay a premium for the product itself. The upside here is locational, not architectural. Buyers at this address will likely get an extra bump from the sheer volume of investment landing on the interchange, and that is the thesis worth underwriting. Also confirm whether you are buying the upper or lower home in the stack; they live very differently and the stair count matters more to resale than most buyers expect.
Red flags: Two watch items. In the newer phases, find out whether the builder still controls the association and when transition to owner control is scheduled — before transition, the budget and reserve figures you are shown are builder projections rather than the association’s actual operating history. Second, understand that a sports and events facility next door brings event traffic and parking pressure on peak weekends. For most buyers that is a fair trade for the appreciation case, but you should see it on a tournament weekend before you decide.
History
Virginia Center Commons opened as a regional mall in 1991 and set the development pattern for everything around it. The Village was built alongside it starting in 1997, offering condominium ownership in a submarket that was otherwise almost entirely single-family. The mall did not survive. What replaced it is considerably more interesting. The site is now a 70-acre mixed-use redevelopment anchored by the Henrico Sports & Events Center — a $50 million, 185,000-square-foot facility that opened in October 2023, with 115,000 square feet of contiguous court space configurable as 12 basketball courts or 24 volleyball courts, one side converting to a 3,500-seat arena and flexible seating up to 4,500. It draws high school and club championship events and the sports-tourism traffic that comes with them. Two hotels and two restaurants are following, with the hotels opening in 2026, alongside additional apartments, townhomes, condominiums and retail. That matters for a condo buyer in a specific way: the anchor is already built and operating. This is not a speculative redevelopment story where you are betting on a rendering.
Design & units
Units run 1,110 to 2,345 square feet with a median near 1,573 — substantially larger than typical urban condominium product. Two- and three-bedroom plans dominate, with three-bedrooms the single largest group. The newer phases on Turning Point Drive and Golden Trout Lane deliver the two-over-two format: two full homes occupying one vertical footprint, each with its own entrance, one at grade and one up a flight of stairs.
Neighborhood
The location is the strongest argument here and the most consistently underrated. The Virginia Center area sits at the meeting point of Interstate 95, Route 1, Interstate 295 and the Atlee–Elmont interchange — which puts it very close to the geographic center of Virginia’s highway network. For anyone who covers the state for a living, whether in sales or events, that access is difficult to replicate anywhere else in the metro. The area has arguably lagged behind where that access should have carried it. The redevelopment is the correction.
What sets it apart
Two things set this community apart. First, you can comparison-shop a late-1990s resale against brand-new construction on the same street — the cleanest read on the new-construction premium available anywhere in the metro. Second, the appreciation case rests on capital that is already in the ground rather than on a promise. A $50 million county facility that is open and booking events is a different kind of catalyst than an announced plan.
The builders
Developer: Stanley Martin
See it in context
Open full 3D view in Google Maps → · Photorealistic 3D Tiles via Google Maps Platform · coords from MLS-median (30 listings).
Available now
7 active · 9 under contract · live from CVRMLS
Type & features
- Height
- High Rise
- Parking
- Garage, Parking lot
- Amenities
- Elevator · Fitness room
Recent sales
| Address | Beds / Baths | Sq Ft | Sold | Price |
|---|---|---|---|---|
| 9441 Alquist St | 3 / 4 | 1,943 | Jul 2026 | $424,000 |
| 9437 Alquist St | 3 / 4 | 1,943 | Jul 2026 | $420,585 |
| 9431 Alquist St | 3 / 4 | 1,943 | Jul 2026 | $401,500 |
| 9692 Turning Point Dr Unit#B | 3 / 3 | 2,345 | Jul 2026 | $400,335 |
| 9688 Turning Point Dr Unit#B | 3 / 3 | 2,345 | Jul 2026 | $370,335 |
| 9455 Alquist St | 4 / 4 | 1,943 | Jul 2026 | $400,000 |
| 9688 Turning Point Dr Unit#A | 3 / 3 | 1,573 | Jun 2026 | $399,235 |
| 9692 Turning Point Dr Unit#B | 3 / 3 | 2,345 | Jun 2026 | $363,585 |
| 9451 Alquist St | 4 / 4 | 1,943 | Jun 2026 | $425,000 |
| 9449 Alquist St | 4 / 4 | 1,943 | Jun 2026 | $449,580 |
Frequently asked
Where exactly is Village at Virginia Center Commons?
1540 Patriot Circle, 23059. In the Glen Allen neighborhood.
When was Village at Virginia Center Commons built?
Village at Virginia Center Commons dates to 1997.
How many units are in Village at Virginia Center Commons?
Village at Virginia Center Commons is a 120-unit condominium regime in Glen Allen.
Who developed Village at Virginia Center Commons?
Village at Virginia Center Commons was developed by Stanley Martin.
What are the HOA dues at Village at Virginia Center Commons?
HOA dues at Village at Virginia Center Commons run roughly $190–$280 per month, depending on the unit. Confirm the current figure with the HOA before relying on it.
