The area’s biggest hotel owner has grabbed yet another property near the airport and is planning to bring a major brand back to the hotel after it lost its Hilton status last year.
Airport hotel sold with overhaul on the way
Katie Demeria
Remains of HDL move toward liquidation
After selling off the bulk of the business, the bankrupt blood testing company is now working toward the liquidation of the assets it has left and filed a preliminary plan in court last week.
Henrico shopping center fetches $5.2M
A locally based firm has sold off a Food Lion-anchored shopping center in Henrico County to a pair of out-of-town buyers for $5.28 million.
The Pipeline: Commercial real estate roundup for Jan. 8, 2016
A Pipeline chock-full of deals and leases after the break, including sales of a Hopewell office building and industrial space near the Diamond and leases for DaVita Healthcare, a Manchester recycling company, Starbucks and more.
Macy’s shutting down in two area malls
Freeing up 325,000 square feet of space, Macy’s is shutting down its locations in two local malls as part of a larger sweep to cut costs nationwide.
As one senior living project fills up, builder begins another
Drawing in plenty of homebuyers in an ongoing age-restricted subdivision project in Chesterfield, a builder has another 20 acres under contract elsewhere in the county to add another batch of homes for seniors.
Historical Society beats goal with expected $45M raise
The ongoing capital campaign giving power to the Virginia Historical Society’s extensive renovations is coming to a close, and the organization expects to blow past its original fundraising goal by $7 million by the end of the month.
Between alleys, townhome project squeezing in near the Fan
Situated on one-eighth of an acre and bounded by alleyways, a plot nestled between Carytown and the Fan has been approved for six new modern-style townhomes.
Architect brings new firm to the Slip
A Pennsylvania architecture firm is putting down roots in Richmond with a veteran local architect at the helm and plans to expand quickly.
$5M renovations begin on senior apartments
After finally securing needed financing for the project, the owners of a low-income senior housing building on West Broad Street are beginning work to revamp its 100 units.