Beating its fundraising goal in less than six months, a private elementary school for students from low-income families will soon start major repairs to its 114-year-old building.
Oregon Hill school surpasses $1.2M goal
Katie Demeria
Demo begins on new Pleasants site
Work is underway on Pleasants Hardware’s new West Broad location, a piece of the real estate shuffle surrounding the arrival of Whole Foods in the city.
The Pipeline: Commercial real estate roundup for April 24, 2015
A full pipeline this week includes the sale of a Richmond apartment building and Southside property, a pair of leases that total more than 60,000 square feet and a string of small business and retail leases.
Gumenick project lures firm from downtown, Innsbrook
The developer’s Libbie Mill development in Henrico has landed another large lease from a local insurance company and will soon break ground on a second office and retail building.
Aldi launches first Richmond stores
In a national push for hundreds of new stores, the low-cost German grocer launched its first two locations in the Richmond area on Thursday. And they’ll be followed by three more before the end of the year.
HDL hit with another insurer lawsuit
Just off of a $47 million settlement with the federal government, downtown’s Health Diagnostic Laboratory is facing another legal battle with an insurance firm over its alleged fraudulent billing scheme.
Henrico’s Libbie Mill named top project
The annual Commercial Real Estate Awards on Tuesday celebrated Richmond’s top development projects and property deals, and the $434 million development at Libbie Mill took home the top honors.
Scott’s Addition firm gifts itself to charity
In an unusual move to support nonprofits, a local IT firm has given two organizations a major gift: complete ownership of its company.
Court OKs $37M sale of Jefferson portfolio
After months of back and forth in court, the sale of Billy Jefferson’s 440-apartment portfolio has finally been approved. And the buyer, making its entrance in the Richmond market, has sweeping renovation plans for the Fan and Museum District properties.
Newsbites: Noteworthy tidbits for April 21, 2015
A long list of announcements from local companies, including philanthropic work, distinctions for local hospitals, partnerships with sports teams and individual recognition for lawyers, health professionals and nonprofit workers.