Housing is vital to community development.

Local organizations, private developers, and municipalities are working together to add much-needed housing options to Martinsville-Henry County. This page highlights ongoing and recently completed housing projects in the area. 

See a map of recent housing projects

Aaron Street Lofts

Developer  Completion Date Number of Units

VCDC in partnership with

Landmark Asset Services, Inc. 

4th Quarter 2025 52

The Aaron Street Lofts are a new affordable housing community in a historically industrial area of downtown Martinsville. The former American Furniture mill site is being revitalized as an apartment complex serving adults aged 55 and older who earn 60% or less of the Area Median Income. The development will offer 34 one-bedroom units and 18 two-bedroom units. 

Chief Tassel Apartments

Developer Completion Date Number of Units

Waukeshaw Development

April 2022 20

The Chief Tassel Building has undergone many changes in its nearly 100-year history, yet it has always retained its quirky charm. After falling into disrepair in the early 2000s, the Waukeshaw Development team completed a top-to-bottom renovation, preserving the historic character that makes the building unique while updating it with modern systems, lighting, appliances, and more. The property now features 20 one-bedroom apartments, with office space on the ground level.

Fayette Street Lofts

Developer Completion Date Number of Units
MHC Historic Collective June 2024 25

The latest completed project from the Martinsville-Henry County Historic Collective transformed a former grocery store into loft-style apartments, featuring two street-front commercial spaces and additional maker spaces on the basement level. Each unit offers stainless steel appliances, soaring ceilings, in-unit washers and dryers, and the convenience of accessible Uptown living.

Fieldale School Apartments

Developer Completion Date Number of Units
MHC Historic Collective February 2023 23

The Martinsville-Henry County Historic Collective demonstrates how adaptive reuse can honor the past while serving today’s community needs. Their redevelopment of the former Fieldale School created 23 one- and two-bedroom apartments, each with a distinctive design that incorporates original architectural features. By preserving elements such as the building’s slate chalkboards, the project not only safeguards local history but also provides much-needed housing options. This successful transformation is a model for how historic preservation and community development can go hand in hand.

Five Points Cottages

Developer Completion Date Number of Units

Nationwide Homes

(now Cavco) 

June 2024 10

The Five Points Neighborhood was a community-led initiative to increase the stock of single-family homes in the City of Martinsville. Community partners included United Way of Henry County & Martinsville, Virginia Housing, The Harvest Foundation, the City of Martinsville, Nationwide Homes, USDA, Silverpoint Homes, and the Martinsville-Henry County Economic Development Corporation. Ten two-bedroom modular homes were built at the five-way intersection of Fayette Street, Memorial Boulevard South, and West Church Street in Martinsville. 

One Ellsworth

Developer Completion Date Number of Units
MHC Historic Collective 1st Quarter 2026 63

The Martinsville-Henry County Historic Collective is redeveloping the former BB&T building in Uptown Martinsville into a mixed-use property, combining commercial spaces with one-, two-, and three-bedroom apartments. This project adds 63 new residences to Uptown, bringing renewed vibrancy to the corner of Ellsworth and Church Streets. 

School Drive Apartments

Developer Completion Date Number of Units
MHC Historic Collective November 2023 39

The former John Redd Smith School has been transformed into distinctive apartments, with historic preservation at the heart of contemporary design. Each unfurnished one- and two-bedroom home is unique, featuring its own character highlighted by original school elements, expansive views, and thoughtful layouts. The Martinsville-Henry County Historic Collective added modern touches, including soaring ceilings, stainless steel appliances, dishwashers, and in-unit washers and dryers.

Villa Heights Housing

Developer Completion Date Number of Units
Taylor Enterprise Ongoing  13

Henry County partnered with The Harvest Foundation and the West Piedmont Planning District Commission to address blight and housing needs in the Villa Heights community. Thirteen single-family homes will be constructed in phases at the intersection of Stultz Road and Dexter Street. The homes will feature two to three bedrooms and will be sold for no more than $200,000 each.