At 314,000 square feet in size, the Dentistry Center project would cost $90 million more than a previously planned development for the site.
New VCU project for Public Safety Building site pegged at $415M
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.
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.
Lingerfelt picks up industrial portfolio in $105M deal with Partners Group
The investment firms closed Thursday on the nine-figure deal that purchased the Walthall Distribution Center near Chester and Northlake Distribution Center near Ashland.
Demolition starts on Richmond’s oldest fire station
The century-old Fire Station 12 at Cary and Addison streets is being replaced with a new three-story structure that will double its size.
Henrico sells Best Products site to GreenCity developer, buys athletic center next door
The Henrico EDA paid $4.5 million for Saint Gertrude High School’s Outdoor Athletic Center, which is adjacent to the 200-acre GreenCity site.
Design firm Hickok Cole moves Richmond office back to Scott’s Addition
The D.C.-based firm is returning to the neighborhood after three years in the Arts District, where it had been since 2020.
Four development teams advance in City Center solicitation
The city announced it is inviting formal proposals from four of the five respondents to its November solicitation for the redevelopment project that would replace the Richmond Coliseum with a mixed-use development and convention center hotel.
