More than 18 months after taking over a once troubled New Kent County development, the project’s new owner says he’s taking his time bringing the $22 million plan to fruition.
New Kent project making progress under new owner
Katie Demeria
$11M project floated west of Short Pump
Goochland County is getting in on the senior housing boom as an Atlanta-based firm has plans for its second assisted living facility in the Richmond market.
Kensington Ave. apartments get $8M price tag
The 40-unit Lee School Lofts in the Museum District hit the market earlier this week, listed by its out-of-state owner with an $8 million asking price. And two other local apartment complexes are on the market for a combined $16 million.
The Pipeline: Commercial real estate roundup for July 3, 2015
A private school land deal, a Mediterranean restaurant takes space in Midlothian, a liquor store lesae in Short Pump and more.
Buyer bags Ukrop’s site
With new owners in place, an idle slice of Glen Allen land once slated for a Ukrop’s grocery store is finally ready to be developed into a 107,000-square-foot shopping center.
On a ‘slippery slope,’ HDL allowed access to more cash
Health Diagnostic Laboratory has been granted enough financial fuel to continue operating at least another month. But both its lender and its landlord warn that the troubled lab company is on a path that could end in bankruptcy liquidation.
Investor plugs $10M into first Richmond deals
A Virginia Beach real estate veteran recently arrived in Richmond with money to spend and bought an E. Cary Street office building and a Henrico shopping center as part of his first push into the local market.
HDL seeks a sale, lender says Chapter 7 imminent
Health Diagnostic Laboratory on Monday took its first step toward a sale of the company, but several obstacles still loom, including a disgruntled lender and potentially more money that would be owed the federal government.
Breaking news: HDL to be sold
Health Diagnostic Laboratory, the embattled downtown blood testing firm, announced today that it is pursuing a sale of the company as it continues to try to work through Chapter 11 bankruptcy.
Symphony scores $1M for outdoor concerts
Closing out its fundraiser five months ahead of schedule, the Richmond Symphony plans to use the funds to buy a large mobile tent it will use to take its show on the road.