Cheryl Shanahan of the Blue Book Construction Network addresses the crowd. (Mike Platania)
A project that brought new life and hundreds of apartments to an 88-year-old downtown tower took home some hardware Tuesday night.
Deco at CNB, the new incarnation of the rehabbed Central National Bank building, won Project of the Year at the 16th annual Greater Richmond Association for Commercial Real Estate awards. The conversion of the 23-story former bank at 219 E. Broad St. into roughly 200 apartments was completed last year. D.C.-based developer Douglas Development Corp. was behind the $20 million project.
The evening’s other top honor went to a downtown office deal that filled a big vacancy and will bring more than 700 jobs to the city.
CoStar Group’s lease of the top three floors of the WestRock building at 501 S. Fifth St. earned Transaction of the Year.
The GRACRE ceremony, held at the Country Club of Virginia, recognized 21 projects and transactions. It was hosted by Cheryl Shanahan from The Blue Book.
Best sustainable design: Dominion Due Diligence Group
Best adaptive reuse: Gather
Best urban office: Avepoint
Best suburban office: Keiter
Best community revitalization: Black History Museum & Cultural Art Center of Virginia
Best industrial: Stone Brewing
Best institutional: Queally Center at UofR
Best multi-family mixed use: 93 Octane and Shiloh Lofts
Best retail: Shagbark
Best medical office: CJW Medical Center
Project of the year: Deco at CNB
Best office sale: Bank of America Center
Best industrial sale: Windsor Business Park
Multi-family sale: Hickory Creek Apts., Park West End Apts., Champion Club Apts.
Best retail sale: Midlothian Station Shopping Center
Best industrial lease: Airport Distribution Center Building E
Best suburban office lease: SunTrust Center
Best urban office lease: ICMA-RC Riverfront Plaza
Best retail lease: Publix Supermarket
Transaction of the year: WestRock / CoStar
Cheryl Shanahan of the Blue Book Construction Network addresses the crowd. (Mike Platania)
A project that brought new life and hundreds of apartments to an 88-year-old downtown tower took home some hardware Tuesday night.
Deco at CNB, the new incarnation of the rehabbed Central National Bank building, won Project of the Year at the 16th annual Greater Richmond Association for Commercial Real Estate awards. The conversion of the 23-story former bank at 219 E. Broad St. into roughly 200 apartments was completed last year. D.C.-based developer Douglas Development Corp. was behind the $20 million project.
The evening’s other top honor went to a downtown office deal that filled a big vacancy and will bring more than 700 jobs to the city.
CoStar Group’s lease of the top three floors of the WestRock building at 501 S. Fifth St. earned Transaction of the Year.
The GRACRE ceremony, held at the Country Club of Virginia, recognized 21 projects and transactions. It was hosted by Cheryl Shanahan from The Blue Book.
ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].
ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.
EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.
