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A developer has acquired 3.3 acres of land in Glen Allen on which it will develop a luxury five-story apartment community with 279 units.

The land at 10551 Telegraph Road was purchased by Bristol Development Group from Mohawk Investment Partners.

The five-story apartment community will be Bristol's seventh project in the Richmond market, according to Cushman & Wakefield | Thalhimer, which represented the seller in the transaction.

Construction on the project has already begun, with general contractor Fortune Johnson beginning its work last week.