The deal for the 400-unit complex in northeastern Chesterfield comes out to $240,000 per door.
Stonebridge apartments sell for $96M
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 [email protected].
Walnut Hill estate in Rockville hits market for $2.6M
A retired tobacco executive is selling the estate that was once the homestead of the late philanthropists Harwood and Louise Cochrane.
Plan for 92 homes near Harvie Elementary advances in Henrico
Once proposed for as many as 140 homes, the agricultural site along Goodell Road is near Harvie’s intersection with a stretch of Laburnum Avenue that’s seen investments by the county in recent years, including construction of the Eastern Henrico Recreation Center and the new Fairfield Area Library.
Lawyerpalooza returns to first fully in-person show since pandemic began
The annual concert, which features artists with at least one attorney in their lineup, is getting the bands and the fans back together tonight.
Ex-paralegal enters plea agreement ahead of Josh Romano trial
Lindsey Passmore must pay more than $1.2 million in restitution, including $550,000 to S. Page Allen & Associates, the law firm where she worked when illegally disbursing construction draws to Romano.
New indie record label spins off of Shockoe Bottom sound studio
A group of friends formed around In Your Ear Studios is launching Shockoe Records with five Richmond-area artists on its roster.
Magnolia Green apartments fetch $72M
The 248-unit complex was built two years ago for around $40 million and just sold for $290,000 per door.
Windsor Farms home tops three other $2M sales in July
The 5,300-square-foot house on a 0.7-acre lot was put under contract in an all-cash deal for $2.3 million that closed a month later.
Meetings start tonight on proposed zoning changes for Airbnb-style home rentals, accessory dwellings
City planners are engaging with the public to share and shape the zoning proposals and gather feedback. Formal proposals are to be shared in a second outreach round.
The Pitch: Advertising and marketing news for 8.9.22
An annual event highlighting area restaurants’ tomato-and-mayo pairings gets a promotional assist, a local CPA receives a rebrand, and several shops announce new hires.