Chandra Briggman’s departure follows a series of closed-door meetings held by Activation Capital’s board, which had been set to vote on a pre-development budget for the planned building on the biotech park campus.
Developers Spy Rock Real Estate and Crescent Development are now planning 950 residential units, at least 150 more than what was planned when Henrico announced the public-private project in May.
The eight-person agency founded by Elisabeth Edelman was acquired earlier this year by 5th Business, a sales and marketing group based in Toronto.
The Real Brokerage has tripled its Richmond-area agent count since February with recent additions including Dave Seibert Real Estate Group and River City Elite Properties.
The apartments would fill the basement and first and second floors of the 20,000-square-foot church building, which was constructed in 1891 as Venable Street Baptist Church.
Local developer Jeremy Connell is moving forward with The Terraces at Shiplock, a row of four-level townhomes atop the hillside site where he had previously planned a seven-story apartment building.
The Delaware-based builder is planning two-story houses with varying architectural styles on a 31-acre site off Baldwin Creek Road.
The city said the loss of the $24 million in state sales tax incentives does not jeopardize the stadium or the Diamond District project overall, which remains scheduled to break ground next month.
The deal has consolidated ownership of a four-building office park in Midlothian’s Salisbury area, next door to the site of a $33M apartments development that’s about to get underway.
Canterbury Development Group has enlisted Ryan Homes to build the three-bedroom townhomes, which will be priced starting in the upper $200,000s.
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