A site on Semmes Avenue attracted the most bids, while a triangular-shaped lot near St. Christopher’s received two, including a community garden proposal from the school’s foundation.
Jonathan Spiers
Local developer lists riverside home for $3.7M
Situated on a bluff at the end of a cul-de-sac, the house is near the Carillon and just downriver from the arched James River Railway Bridge, which listing agent Doug Dorsey said factored into its design.
$5M land deal sets stage for spec warehouse in Chesterfield
Behind the project is Crescent Communities subsidiary Axial Industrial, which also is pursuing a pair of warehouses near the Project Rocky site in Goochland.
Site work starts for 310 apartments beside Midlothian Walmart
The 310-unit project is the first in the Richmond market for Bainbridge Cos., a 26-year-old company that has developed thousands of apartments in Florida and up the East Coast.
The Pitch: Advertising and marketing news for 4.11.23
Three downtown firms team up on a national beer brand spot, a local studio co-produces state tourism videos, and the state lottery releases a new campaign. (BizSense Pro subscription required)
Construction manager’s Westham deal led March home sales at $1.8M
Built in 1938 and added onto five years ago, the 4,700-square-foot house predates its immediate neighbors and could be the oldest in the UR-area neighborhood.
The Agenda: Local government briefs for 4.10.23
Henrico holds a budget hearing this week, Chesterfield approved its $1.9B budget, and a new I-95 bridge is on the drawing board near the GreenCity development site. (BizSense Pro subscription required)
Brookland Park bank building back in RRHA ownership after failed redevelopment
The transfer occurred one day before the property was scheduled to go to auction and three years after the city sued the developer for default. The city has yet to recover $200,000 in grant funds it awarded for the project.
Project Snapshot: Springdale Park rising at old Henrico Plaza site
The long-empty site of the former Henrico Plaza Shopping Center on Mechanicsville Turnpike is filling up with a variety of new buildings that will house hundreds of homes.
Real estate brokerage turning former Patterson Ave. bank branch into second office
The former Wells Fargo branch at Patterson and Starling Drive is providing a westward expansion for Icon Realty Group, whose owners are also eyeing additional development on the site.