The VCU Real Estate Foundation paid $540,000 for the vacant two-story structure that’s across from the construction site at Broad and Belvidere.
VCU picks up Broad St. building across from under-construction arts center
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 [email protected] or (804) 554-6872.
Developer closes out year with $6M in deals in Scott’s Addition, Willow Lawn area
Breakwater Cos. is planning similar projects at both sites, each with about 170 apartments above 5,000 square feet of commercial space.
First look: Old Mamma Zu spot transformed for new Restaurant Adarra
The Oregon Hill building that long housed Mamma Zu is set to come back to life, as Restaurant Adarra is preparing to open there after five years in Jackson Ward.
Local restaurateur Londoño opening new concept in former downtown City Dogs spot
“This place looks like if an old-school luncheonette, a kosher deli and a Latino spot in the Bronx all got married,” Carlos Londoño said of his new Queens Comfort Latin Kitchen and Cocktails, which opens today in Shockoe Slip.
New Indian restaurant coming to Rocketts Landing from owner of Noorani
Shagufta Sajid is preparing to open The Biryani Corner, a similar concept to her longtime Noorani Kabab House in the West End.
Owner of local Real Property Management franchise acquires commercial business from Dodson
As part of the deal, Ralph Reahard and Rob Hunter launched a new business, WatchPoint Commercial Real Estate. It now has nearly 500 accounts totaling over 2 million square feet of commercial space throughout Central Virginia.
The Spectrum apartment complex near VUU sells for nearly $20M
The 103-unit apartment building sold for $189,000 per-door. It’s the second time the complex has changed hands since it was completed in 2015.
Project Snapshot: First phase of $500M Kinsale Center takes shape with building’s ‘re-skinning’
The redevelopment of the former Anthem office building into Kinsale’s new HQ is the initial phase of a mixed-use development that’s planned to replace nearly 30 acres of surface parking lots at the corner of West Broad Street and Staples Mill Road.
An affordable housing boom? Plans for thousands of income-based units show sector’s momentum in Richmond
Nearly two years after the city declared a housing crisis, local and out-of-town players alike have in recent months filed plans for at least 2,500 units geared to lower-income renters.
Maryland developer tweaks plans for half-acre Hull St. site eyed for apartments
Years after picking up a piece of Hull Street in Manchester, a Maryland developer is looking to go a bit bigger than initially planned.