The Innsbrook-based firm has set a new high bar of $5.2 million for per-acre land grabs in the sought-after neighborhood. It’s planning a building of up to 8 stories for the site.
Capital Square pays $11M for 2-acre Scott’s Addition assemblage
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.
KavaClub strikes deal with VDH to begin serving controversial kava drink
After more than a year of legal and regulatory wrangling, KavaClub looks to finally be on its way to selling its namesake drink.
Church at Grove and Malvern soliciting interest from developers ahead of move
“We’re pretty small, which is why we needed to ask different questions about this big space that we have,’” said Rev. Hollie Woodruff of Seventh Street Christian Church.
Westover Hills mixed-use building OK’d again after permit expired
NoVA-based Sugar Mill Construction received city approval for the three-story development at 1005 Westover Hills Blvd., following the expiration of a previous permit for a similar project there.
Judge sides with leaseholder in Scott’s Addition parking spots spat
The ruling allows developer Hem + Spire to keep its lease on the parking lot for potentially another 16 years, restricting Dalian Development’s plan to develop the entire block.
Lobster roll chain rolling into Winterfield Crossing
The 10-year-old chain is entering the Richmond market by way of franchisees who also own local asphalt and concrete company Pro-Seal Paving & Sealing.
Former Tribble Electric owners look to recharge Museum District building with office-to-apartment conversion
In the six years since selling their namesake electrical contracting outfit, Dody and Steve Tribble have been dabbling in real estate and are now working on their largest project yet in the Museum District.
Longtime Feed More HQ near The Diamond to be replaced with 180 condos
An out-of-town homebuilder is looking to the soon-to-be-former headquarters of the region’s largest food bank for its chance to break into the Richmond market.
Legend Brewing puts Manchester property up for sale
“In the craft beer world sales are down for a lot of folks and we’ve had an issue with parking with all the construction going on,” said Legend’s Dave Gott. “We’re still here, but it seems like right now we need to think of other options.”
Kickers kicking off next big upgrade at City Stadium
With a new season underway and a brand-new women’s club set to debut, the Richmond Kickers are looking to spruce up their stadium.
