Developers have converted the site of a home in Church Hill that clashed with its neighbors into two town houses that are more in line with the neighborhood’s style.
New homes replace offbeat 31st St. house
Katie Demeria
Newsbites: Noteworthy tidbits for Jan. 21, 2015
A team from VCU creates a way to more efficiently manufacture an AIDS drug, local nonprofits get corporate support and the VMFA reopens one of its galleries.
Engineering firm seals another NC merger
A major local name in engineering and construction is continuing to grow its North Carolina presence with the acquisition of another company there.
Buyer to revamp foreclosed West End hotel
A local firm is expanding its large local hotel portfolio to a new area with plans to renovate the 224-room Glenside Drive property. The sale was finalized less than a year after the firm first made its initial move on the property in an auction last June.
The Pipeline: Commercial real estate roundup for Jan. 16, 2015
An LLC buys up two Hanover County office buildings for more than $1.5 million, VDOT buys a 62,000-square foot warehouse, retailers and restaurants find new space, plus more real estate news in area office parks and downtown towers.
Huge development breaks ground at Short Pump
Shovels are officially in the ground at a massive new Broad Street development that’s extending Short Pump’s retail boundaries further west.
Lawyers push for second auction of Jefferson properties
A federal judge approved a request by lawyers yesterday to look into a potential second auction of a massive apartment portfolio held by Billy Jefferson after claims that the properties’ lender and winning bidder in the December auction has repeatedly failed to provide information crucial to fetching the best price.
HDL strikes back, sues sales contractor
The bad blood between the downtown medical lab company and its longtime sales contractor is spilling over into Richmond federal court. In separate lawsuits, HDL and the Alabama firm cast blame on each other for controversial payments to doctors.
Under federal scrutiny, HDL shuns sales contractor
HDL is the second medical firm under federal investigation to cut ties with an Alabama sales contractor. And a recent Wall Street Journal suggests the move – which led to a $205 million lawsuit – is aimed at redirecting allegations of wrongdoing.
Ten $1 million home deals close out 2014
2014 was a huge year for high-end residential deals, and the home sales didn’t tail off in December. Ten properties sold for at least $1 million last month, with the most expensive nearing $1.9 million.