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A multifamily high-rise specialist is proving it can go suburban too, with plans for a $54 million apartment complex in the Lakemont subdivision of Richmond.

Houston-based Hanover Company is expected to start construction on the project, at 7102 South Mason Road, next month and wrap up by the end of 2026, according to a filing with the state. The 380,000-square-foot Hanover Lakemont apartment complex will feature a three and four–story wood framed building and a clubhouse. The number of units wasn’t disclosed in the filing.