Vinton eyes new housing development on McGimsey property near River Park
VINTON, Va. — The Town of Vinton is taking a step toward expanding local housing options, putting out a request for proposals to developers interested in building on a 10.6-acre tract known as the McGimsey property.
The site is located behind River Park Shopping Center and stretches toward downtown, bordering the Mansard Square Apartments. It’s one of the few remaining undeveloped parcels within town limits — and town leaders see it as a key piece of Vinton’s future growth.
Officials are seeking proposals for either a high-density or mixed-density residential project. The push comes as part of Vinton’s long-term planning efforts. The town’s recently adopted Comprehensive Plan (2025–2050) highlights the need for more housing, and a 2023 housing survey pointed to strong demand in this area, which sits within one of Vinton’s identified growth corridors.
“This project has been in the works for about a year,” said Town Manager Pete Peters. “We’ve already completed much of the environmental and feasibility work, and we’re optimistic this site is ready for development to help meet housing needs in the valley.”
🏘️ What Could Be Built?
Under current zoning, the site could support up to 118 residential units.
With a Special Use Permit, that number could increase significantly — potentially allowing for more than 200 total units, depending on the final development plan.
Town leaders say they’re looking for more than just housing, encouraging developers to bring forward plans that include amenities and features that enhance livability and community appeal.
The McGimsey property offers several advantages for potential developers. It sits near a signalized intersection on Washington Avenue, includes multiple possible access points, and is within walking distance of downtown Vinton. It’s also just minutes from Explore Park and the Blue Ridge Parkway.
To help move the project forward, the town has already completed a range of studies using EPA Brownfields grant funding. Those include environmental site assessments, cultural resource reviews, and evaluations of wetlands and nearby streams — all of which will be made available to developers.
Town officials say they’re not looking to build the project themselves, but rather to partner with a developer who can take on the property and bring a strong plan to the table.
“Our goal is to get an interested developer to pursue the project and assume the town’s option to purchase,” Peters said. “This model has worked for us in the past.”
Proposals will be reviewed based on several factors, including the overall development concept, number and type of housing units, financial strength, and the long-term benefits to the town. Compatibility with existing zoning and Vinton’s broader land-use plans will also play a role.
Developers have until April 30 to submit proposals, though the town has the option to extend that deadline if needed.
With limited land left to build on, the McGimsey property represents a rare opportunity to add new housing within Vinton’s boundaries — something town leaders say is becoming increasingly important as the area continues to grow.