Home News Kleyman, Dodson to replace old BofA branch on Forest Hill Ave. with apartment project

Kleyman, Dodson to replace old BofA branch on Forest Hill Ave. with apartment project

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A rendering of a new three-story building along Forest Hill Avenue. (Courtesy of Daniil Kleyman)

The area around Forest Hill Avenue and Westover Hills Boulevard continues to evolve, with two local developers trying to replace an empty bank building nearby with dozens of apartments.

Daniil Kleyman and Duke Dodson’s Dodson Development Group plans a three-story mixed-use building at 4701 Forest Hill Ave.

An entity affiliated with Kleyman and Dodson purchased the approximately 1-acre site for $1.2 million in November 2022, with plans for a new building with 40 apartment units and approximately 8,000 square feet of commercial space.

The site is now home to a vacant 4,000 square foot Bank of America branch. Closed in 2021 and will be demolished to make way for new buildings.

The Empty Bank Branch is across from Little Nickel on Forest Hill Avenue. (Photo by Mike Platania)

The project will be the first in the Forest Hill area for Kleyman, who has become one of the busiest developers around the area in recent years. Church Hill When union hill. Meanwhile, Dodson has since shifted its focus to development. sell his property management division last summer.

Clayman pointed to someone nearby. hill standard project and planning Redevelopment of Westover Place Shopping centers are the reason for the bullishness in the Forest Hills and Westover Hills areas.

“This is a great, well-established area, but there’s already new development and a lot of momentum,” Clayman said in an email.

Daniil Kleiman

For the commercial space in the new building, Clayman said it could be divided into up to six suites and could follow a script similar to how he and Matt Jarreau filled the commercial space at Union Hill’s 2416 Jefferson Avenue. said.their new mixed-use building and mix of local restaurants and office users.

“It’s kind of like that, great local businesses that the whole neighborhood walks with excitement,” says Kleiman. “We’re assuming here he’s one or he’s two[food and drink]concept and the rest are other local neighborhood businesses.”

The project has 63 parking spaces, and each apartment has its own outdoor patio or deck, an amenity Kleiman says has found more demand than common area amenities.

Architecture Design Office is the architect of the project and Sekiv Solutions and ONeil Engineering Services are its engineers. Keyman said he has not yet selected a general contractor.

Dodson and Kleyman hope to break ground in late 2023.

Another new project from Dodson is a partnership with developer Tom Papa. Six-floor apartment in Manchester.

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