The sold-out Vistas on the James is on the way up.  Ground was broken last week on the 18-story condominium building next to the James River in downtown Richmond.

Vistas is described as a "luxury" condo development.  The units will have one or two bedrooms. They will range from about 730 square feet to 1,560 square feet and sell from the mid $100,000s to the low $600,000s.  Construction on the $47 million high-rise on the 1.2-acre site is scheduled for completion in the spring 2007.

The building, at the end of Virginia Street , will have views of the James River and the Canal Walk Turning Basin . 

The complex will have a fitness center, ground-level storage and concierge service. Fees will be about $250 a month. The first five floors will be secure parking.

Although all the units are reserved, Joyner Fine Properties is accepting backup reservations.  Units were sold out within a week after first reservations were taken in June. Refundable deposits from $2,500 to $5,000 are required to reserve a condo.  "We knew there was interest in living on the James River but who could have predicted the demand for these condominiums would be so strong?" said Michael Campbell, vice president in the Richmond office of Daniel Corp., the Birmingham, Ala.-based developer.

Daniel built the recently completed and nearby Riverside on the James, a condo, retail and office building. 

For information, visit www.VistasOnTheJames.com.

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