News

Affiliates of The Lyme Timber Company LP acquire 172 acres in central Virginia to develop as a stream and wetland mitigation bank

Lyme closed on the acquisition of 172 acres in the Middle James River watershed to establish a stream and wetland mitigation bank. Bordering the Willis River, the property features over 55 acres of wetland, pine and hardwood forests, and 92 acres of open pasture. Located in rural central Virginia, the mitigation bank will serve public and private development in Richmond, Charlottesville, and Lynchburg where there is significant population and business growth.