Three days after the City Council vote that appeared to kill the massive arena-anchored economic development deal, Stoney sat down with Richmond BizSense to reflect on what went wrong – and what might happen next.
Wegmans’ planned distribution facility in Hanover goes before the county planning board, city planners review a Hardywood-centered mixed-use project and 12-story tower near VCU, and budget season gets underway with several spending plans rolled out.
Recently approved changes to a decades-old program that has helped fuel redevelopment in Richmond through partial real estate tax abatements have some developers and builders who do business in the city on edge.
An apartment property in western Henrico with a history of changing hands about every other year is once again under new ownership, this time selling for $8 million more than it did just over two years ago.
Stanley Martin Homes has started going vertical on what’s slated to be hundreds of “two-over-two”-style condos at West Broad Landing, a 13-acre project where Lawrence Dodge once stood.
“While we are disappointed that five City Council members rejected the project, we are proud of the proposal that we delivered,” the developers said in a statement Monday evening.
A record number of Brandcenter alums play ball on this year’s Super Bowl ads, VCU Health works with a Nashville-based agency on a campaign for Children’s Hospital of Richmond, and an area university enlists a local shop for social media marketing.
One of the principals behind a recent condo development in the Libbie and Grove area is putting his unlived-in penthouse unit on the market, while also continuing to invest in a particular block in Manchester.
Key votes before City Council on Monday could decide the fate of the proposed Navy Hill project, the city’s short-term home rental rules face a deciding vote and Hanover presents next fiscal year’s proposed budget.
Fetching a rare eight figures from an unknown buyer, one of the largest residential real estate tracts along western Henrico’s River Road corridor has come in as the priciest Richmond-area home sale in recent memory.
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