With students in mind, Parc View offers 168 fully furnished units and can house around 500 people. It’s already 80% leased, according to its Chicago-based developer.
Project Snapshot: 15-story Parc View apartment tower opens to residents downtown
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.
Richmond brokerage Range Commercial breaks into Blacksburg
The 9-month-old firm has grown to a staff of around 50 and a management portfolio of 12.4 million square feet of office, industrial, retail and mixed-use properties in Virginia.
Three-building Innsbrook office complex sold to Minneapolis firm for $31M
The complex spans three buildings and 312,000 square feet and marks the buyer’s first acquisition in the Richmond market.
Museum District restaurant The Stables at Belmont changes hands
New owners have taken the reins for the second time in eight years – and this time one of the restaurant’s employees is part of the ownership group.
Hourigan pays $58M for site of future Varina industrial park
Hourigan bought nearly 400 acres for the proposed industrial park, the exact scale of which is still to be determined.
Member of longtime local restaurant family opening new Italian joint in downtown Ashland
Giuseppe Giambanco, whose family previously owned Roma Ristorante Italiano in Henrico, is opening Il Forno a few blocks from Randolph-Macon College.
State board votes to raze 12-story portion of downtown’s Pocahontas Building for new courts complex
Last week’s vote, along with a prior approval to raze the eastern part of the property, means the entirety of the Pocahontas complex is on the chopping block to make way for the new “Commonwealth Courts Building.”
Publix becomes its own landlord in Chesterfield with $35M shopping center deal
The deal gives Publix control of its own store as well as ownership of storefronts leased to tenants like Gold’s Gym, Crumbl Cookies and Little Caesars.
Turning Point, a breakfast-focused restaurant chain, is coming to Richmond
The spot just north of Short Pump will be the New Jersey-based chain’s first location in Virginia and 27th overall.
Developer Jay Nichols eyes new office building in Libbie-Patterson area
Nichols, whose family for years owned HandCraft Cleaners, is looking to build a 3-story office building on Granite Avenue, where the Book People bookstore building once stood.
