The Chapter 7 filling came just days after Steam Bell ceased operations after nine years in business. Its biggest debt is $720,000 owed to the SBA.
Shuttered Steam Bell Beer Works files bankruptcy to liquidate assets
Mike Platania
Mike Platania joined BizSense in December 2016. He covers commercial real estate, restaurants and breweries. He graduated from Virginia Tech. Reach him at mike@richmondbizsense.com or (804) 554-6872.
Developers Bice, Turnbull sell Scott’s Addition office building to tenant for $2M
“We don’t sell very often. This is the first Scott’s Addition property that we’ve sold,” Bice said. “We’re really buy-and-hold investors.”
Burger Bach closes in West Broad Village after 11-year run
The locally based chain appears to also have closed Charlottesville location. Its spots in Carytown, Midlothian and Durham, North Carolina remain open for business.
Local Stone Brewing employees look to unionize
“They’re asking for more money because they need more money. The cost of living in Richmond has gone through the roof,” said a rep for the Teamsters’ Local 322 branch, which is representing Stone’s local workers.
Shockoe Bottom self-storage complex fetches $12M
The nearly 120-year-old building traded from one self-storage chain to another. The 92,000-square-foot structure was for a long time used as a tobacco warehouse.
Future apartment development site near Diamond District sells for nearly $9M
While the land had been eyed for more than a year by D.C.-based developer for 314-unit apartment building, the buyer was an entity tied to a different real estate firm.
Can Can in Carytown set to be sold for second time in 4 years
The Carytown institution is set to be sold to Housepitality Family, the local restaurant group that owns spots like The Boathouse and Casa del Barco.
Project Snapshot: Soda Flats apartment building reaches the finish line in Scott’s Addition
“The idea was, we’d rather do something timeless than something that’s new and flashy,” said Christian Kiniry. “We spent a lot of time on the windows and the skin of the building. We tried to make it more of a classic style.”
New restaurant Brazen taking over former Olio, Lucky Whale space on Cary
Though its name has a different spelling, Brazen’s menu will lean on braised dishes that are cooked slowly, typically over hours.
HVAC firm drops $4M in Westwood area for new local HQ
A warehouse in Henrico’s Westwood area that was set to become Scott’s Addition-esque modern office space is now heading back to its industrial roots.
