The transaction clears the way for the nearly 800-home development east of where Route 5 crosses over Pocahontas Parkway.
Jonathan Spiers
Contractor couple’s $1.8M deal topped area home sales in February
The 7,100-square-foot house in Henrico’s Henley neighborhood was one of three that topped the list and sold below asking price.
Lots sold out for eight-home infill on Riverside Drive
Sales started and ended in January for South Bank Ridge, an eight-home development along Riverside Drive that was halted last summer by a court-ordered injunction.
Old Hotel Jefferson building in Petersburg undergoing $2M mixed-use conversion
Developer Richard Cuthbert is a few months away from completing his conversion of the building at 408 N. Sycamore St. into 24 apartments and three commercial storefronts.
Richmond kicks off two-year zoning ordinance rewrite
The first comprehensive update in half a century to Richmond’s zoning ordinance is now underway.
Downtown studio amps up with high-tech upgrade
Red Amp Audio has equipped its Grace Street facility with Dolby Atmos recording and audio mixing technology, making it the first commercial sound studio in Virginia to be Dolby-certified as an Atmos-capable studio.
Meals tax proposals die in Senate as Richmond tweaks policies, reviews affected accounts
“At the end of the day we still kind of got what we want, but we got it from the city, surprisingly enough, and not from the state,” a restaurant group spokesman said.
Church buys bigger building, wraps up $2.7M renovation
From the Heart Church Ministries of Richmond has put about $5 million total into its purchase and renovation of the 38-acre former Abundant Life Church of Christ building in eastern Henrico.
VP’s move prompts local ad firm to open Atlanta outpost
The expansion marks The King Agency’s first move outside Virginia after establishing an outpost in Virginia Beach five years ago.
National residential brokerage splashes into Richmond, picks up 50-plus local agents
The Real Brokerage, a 10-year-old publicly traded firm, has upped its local presence with the addition of Mission Realty and several other teams previously tied to EXP Realty.