The conversion of a 100-year-old Grace Street property into condos hit the brakes during the recession, but now the developers are ready to sell – a hint at a possible trend to come in the local housing market.
Museum District condos hit the market
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 [email protected].
Bankrupt real estate firm auctioning off large piece of portfolio
Some 150 properties valuing up to $12 million, mostly in Chesterfield County, are set to be sold off as a local real estate company sorts through Chapter 11 bankruptcy.
Economic initiative to push private sector jobs
The governor, local CEOs and businesspeople gathered on Tuesday to pitch a new program aimed at reducing the state’s dependence on the public sector by giving a boost to private industry, startups and more.
Hanover homestead floated for rural development
With plans for 300 to 400 homes and a community garden at the center, a local developer has a large tract of family-owned land under contract and plans for a project aimed mostly at older, active residents.
The Pitch: Advertising and marketing news for July 28, 2015
Local ad firms scoop up accounts and launch campaigns for CarLotz, Mercedes dealerships and the YMCA, ND&P adds a new position, and more companies grab Telly and PR awards.
Townhome project enters last leg of construction
Richmond’s own TriBeCa – Triangle Below Cary – is moving into the last phase of construction, with foundations of the final nine homes rising south of VCU.
Research firm bands together business and music
A Shockoe Bottom firm hosted a small concert at its office this week, and it hopes to make jam sessions with local businesspeople – both in the audience and behind the mic – a recurring event.
Hanover OKs 120-acre development
A ‘multi-use’ development that will build 200,000 square feet of commercial space and 530 residential units on the edge of Mechanicsville got the go-ahead from county supervisors this week.
REIT wraps up $103M shopping spree
After selling off a batch of properties and going public earlier this year, a downtown real estate firm is back to buying with three hotel deals in Florida and California.
Church Hill housing overhaul plan moves forward
The city Planning Commission has tentatively approved a massive plan to convert a former high school campus into 300 homes.