06/07/2026
🏗️ DEVELOPMENT UPDATE: NEW DETAILS EMERGE FOR THE FORMER WALKER MACHINE & FOUNDRY SITE
I recently spoke with the development team behind The Foundry, the planned transformation of the former Walker Machine & Foundry property in Roanoke’s Norwich neighborhood.
For decades, Walker Machine & Foundry served as one of the area’s major industrial employers before operations ceased in 2019, leaving more than a dozen acres of vacant industrial property along the Roanoke River Greenway.
Now, developers are working to breathe new life into the site with a vision that combines housing, commercial space, and adaptive reuse of portions of the historic property.
One detail that stood out during my conversation was the project’s focus on workforce homeownership opportunities. According to the development team, the first phase is expected to include for-sale townhomes rather than rental units, helping create a pathway to ownership for local residents.
The team is also exploring programs designed to assist qualifying buyers with down payment costs and other homeownership barriers.
Additional plans currently being discussed include:
• Adaptive reuse of approximately 16,000 square feet of existing industrial buildings
• Future commercial space and potential food & beverage concepts
• Integration with the Roanoke River Greenway
• Multiple phases that could take several years to fully complete
Developers told me they hope initial site work could begin as early as this summer, with additional announcements expected as plans continue to progress.
It’s still early in the process, and several details remain subject to change, but the project represents one of the largest redevelopment efforts currently underway in Roanoke.
💬 What would you most like to see incorporated into the future of the Foundry site?