A nascent company that recently expatriated from the Richmond startup scene for a dip in a larger capital pool has hit yet another milestone: the launch of its product to the general public. Today, one day after the filing deadline for IRS tax returns, Painless1099 is launching an initial free version of its service that… Read more »
A Maryland firm has purchased its first Richmond area shopping center and has its sights set on another. M. Leo Storch Management Corp. out of Baltimore last month bought Laburnum Station at 4420 S. Laburnum Ave., near the Shops at White Oak Village, for $5.29 million. Bruce Levine, Storch’s director of commercial real estate, said… Read more »
Derek Cha is back in full-on expansion mode. The founder and former head of locally based frozen yogurt giant Sweet Frog is ramping up the growth plan for his new venture, a fast casual restaurant chain called Zzaam Fresh Korean Grill. With locations already open in Carytown and Charlottesville, Zzaam has leased space for three… Read more »
Less than two weeks after purchasing the loan on a stalled high-end Libbie Avenue condo project, the property’s former contractor is quickly pushing to foreclose. The long-delayed Tiber development at Libbie and Guthrie avenues is scheduled for an April 26 foreclosure auction on the steps of the Richmond Circuit Court at 10 a.m., according to… Read more »
Short Pump has shopping. It has restaurants. Now a local developer wants to bring trampolines, zip lines and climbing walls to the busy commercial district. An investor group that includes local development firm Stanley Shield Partnership is planning a 40,000-square-foot adventure sports facility at 205 Towne Center West Boulevard, just west of Short Pump Town… Read more »
With home sales beginning and construction on its apartments set to commence, a massive mixed-use development is losing an anchor tenant. Southern Season announced Monday it plans to close its 53,000-square-foot gourmet foods store at 2250 Staples Mill Road in the Libbie Mill Midtown development. Southern Season’s in-store restaurant, Southerly, closed yesterday, as did its deli… Read more »
A retail strip just east of Innsbrook is headed to the auction block. The Lexington Commons Shopping Center at 10156-10192 W. Broad St. is scheduled for a May 5 foreclosure auction on the steps of the Henrico County Circuit Court at 11 a.m. The foreclosure was prompted by a default on a $5.61 million loan… Read more »
Southern Season, which opened a 53,000-square-foot Richmond store less than two years ago as one of the anchors of the 80-acre Libbie Mill development, will close the location as it looks to focus on its smaller format stores.
An Uber-inspired local startup is headed west thanks to its victory last week at Richmond’s newest startup competition. Uzurv, a Richmond-based ride reservation app that’s designed to complement services like Uber and Lyft, was named the winner of a pitch contest hosted by the local chapter of Aging2.0. Uzurv beat out eight other companies that… Read more »
A busy week of retail deals, a new restaurant on Broad Street, a national company takes space in Innsbrook, and more.
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