The six parcels are what remain of a 15-parcel group that the city agreed to sell for development of income-based housing. The rest were deemed unbuildable due to issues such as utility easements and ownership disputes.
Jonathan Spiers
In ‘call to action,’ city leaders declare housing crisis in Richmond
The declaration was made the same day that U.S. Sen. Mark Warner presented the city with $14 million in federal funds to assist in its efforts to improve housing availability for lower-income residents.
The Pitch: Advertising and marketing news for 3.28.23
Agencies create branding for new restaurants in Lakeside and Innsbrook, a state board hires a PR firm to promote Virginia’s spirits industry, and a local bowling equipment supplier gets a new campaign for its Hyperbowling brand. (BizSense Pro subscription required.)
Updated: Construction couple lists waterfront Chesdin Landing home for $4M
The 10,000-square-foot home on 3.5 acres overlooking Lake Chesdin includes a pool and a basement with theater room and rec room.
N.C. developer planning two industrial buildings near ‘Project Rocky’ site
Totaling 350,000 square feet, the spec buildings would fill 30 acres near the Goochland site where the massive Project Rocky facility is in the works.
New VCU project for Public Safety Building site pegged at $415M
At 314,000 square feet in size, the Dentistry Center project would cost $90 million more than a previously planned development for the site.
Homebuilder moves from Powhatan to Midlothian, opens design studio
The move five miles east marks a new era for Mitchell Homes, which now occupies a 12,000-square-foot building that doubles the size of its previous space and includes an expanded design studio.
Fourth apartment building rising at Stonebridge
Originally planned as a second phase of the Element at Stonebridge apartments, the 252-unit building marks the first project in the region for Texas-based developer Trinsic Residential Group.
Sharp family estate coming to market with $9M price tag
Totaling 25,000 square feet across multiple buildings, the lakefront estate is owned by Sherry Sharp, the widow of the late Circuit City CEO and CarMax founder Rick Sharp.
Powhatan Habitat chapter places first modular home
Executive Director Susan Winiecki said the approach is new for Habitat affiliates in the region as an option for providing lower-income housing.