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.
Site work starts for 310 apartments beside Midlothian Walmart
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.
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.
Bids due for surplus city properties intended for low-income housing
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.
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.)
