Developers pursuing higher-dollar rehabs of historic buildings will be limited this year in the amount of state tax credits they can receive for their projects
Historic rehab tax credits face cap
Jonathan Spiers
Jonathan joined BizSense in 2015 after a decade of reporting in Wilmington, N.C., and at the Henrico County Leader. The Virginia Tech grad covers government, real estate and other news.
Reach him at (804) 308-2447 or jonathan@richmondbizsense.com.
Armchair quarterbacking, advertising-style
The new home of a long-standing local production studio played host Tuesday night to this year’s “Ad Bowl,” the Advertising Club of Richmond’s annual critique of Super Bowl spots.
CEOs group follows Fahrenheit to HandCraft building
As it moves into roomier digs in Scott’s Addition, the local business advisory firm is making sure to save space for its C-Suite-centered roommates.
Windsor Farms mansion goes to mystery buyer for $3.3M
Richmond’s nine-figure home market is heating back up with a second multimillion-dollar sale within the span of a week.
Urbanization of Innsbrook inches ahead with mixed-use plan
The plan to transition Innsbrook from a suburban office park to an urban mixed-use community is gaining traction.
Retired oil exec, teacher land top home sale for January
The $2 million deal for a West End home on the market for nearly a year was the highest-priced residential sale in the Richmond area last month.
Developer launches homebuilder brand, eyes mixed-use project in Short Pump
A Henrico-based developer has its sights on Short Pump for its latest project and is planting its flag in the custom homebuilding market.
Region’s home sales up 6 percent, but challenges remain
The local homebuilding market saw continued growth last year, but a shortage in labor and existing home inventory remain challenges moving forward.
Markel to pay $250M for surety bond firm
The local Fortune 500 has started off 2017 with a nine-figure acquisition of one of the nation’s largest privately owned surety companies.
HHHunt takes county to court over contested Wyndham connector
Henrico officials contend the size of the developer’s adjacent project has ballooned beyond what was previously envisioned for the road.
