The 60-year-old Commonwealth Building in the 4600 block of West Broad Street would be replaced with a six-story building with 155 apartments and eight so-called “live-work” units.
6-story Broad St. apartment project east of Willow Lawn advances
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.
Regency redevelopment could extend across Parham with plan for former underpass site
The developers behind the transforming mall have struck a deal with Henrico’s EDA to buy the triangular-shaped lot at 1401 Eastridge Road, where they’re planning an additional mixed-use project.
Amid businesses’ concerns, city opens new homeless shelters in Northside, downtown
The locations open today as the first part of a larger plan to establish additional shelters across the city. Business owners opposed to the Chamberlayne Avenue site have maintained that the plan was rushed without adequate engagement.
Orapax Hunting Preserve property, residence up for grabs for $7M
Said to be the largest public hunting preserve on the East Coast, the sprawling property in Goochland has hosted an annual hunt for Benedictine Schools of Richmond and quail hunts for local menswear brand Ledbury.
‘Redefine this model of ownership’: Housing nonprofit sees future in mobile home parks
“They’re the largest form of un-subsidized housing in the country; they’re one of the largest forms of affordable housing, period,” Lee Householder said Project:Homes’ multimillion-dollar effort to revitalize a 50-home park in Chester.
Better Housing Coalition breaks ground on $17M apartment project in Chesterfield
The $17 million development marks new territory in Chesterfield for the Richmond-based nonprofit, whose other properties in the county are concentrated along the Route 1 corridor.
Midas Church Hill spot revving up with $1.6M property purchase
The sale came a month after Midas secured approval from Richmond’s Commission of Architectural Review to rehab the building, which operated continuously as an auto repair garage for nearly a century.
One South Realty, minus commercial division, joins NoVA-based brokerage Samson Properties
The move gives Samson a larger foothold in the Richmond market after expanding here two years ago. It does not include One South Commercial, which will break off as a new company.
Report finds ‘compelling case for change’ to VCU Health governance in wake of failed development
The report from a healthcare consulting firm notes “a widely perceived lack of transparency and coordination between” the VCU and VCU Health boards,” with the aborted project “the most commonly cited example.”
Shockoe area plan adopted after four-year effort
The 150-page document in the works since 2020 aims to balance development and preservation interests as a supplement to the citywide Richmond 300 plan.
