Editor’s note: This post has been updated to include additional information from development plans that was received after the story was published. With plans already in the works for two dozen apartments on the next block, a Maryland developer has something larger in store for another Hull Street plot. Shakil Siddiqui, owner of Haris Design… Read more »
The Boiling Crab will take over the building that’s been home to The Pig & The Pearl, Republic Restaurant & Bar, and Cornerstone Cigar Bar and Restaurant.
In another Shockoe deal, a development team bought 501 Oliver Hill Way for $1.29 million.
The Catholic Diocese of Richmond and St. Elizabeth’s Catholic Church are joining Commonwealth Catholic Charities in the 56-unit, $9 million project.
It will be the eatery’s fifth spot in the Richmond region, joining outposts in Short Pump, VCU and two in Midlothian.
The company, which was forced to turn over the keys to Stony Point Fashion Park earlier this year, paid more than $141,000 per door to acquire the complex of seven buildings on 13 acres.
“Prior to the pandemic we were going to do a restaurant — open up the ceiling, make it really bright and have a really cool spot,” co-owner Mike Ledesma said. “Then March hit.”
Wife-and-husband duo aim for a bigger slice of the market by featuring knife throwing at their new location.
New York-based Aurelie Capital plans to replace the aging shopping center with apartments and retail space across a dozen buildings.
Innsbrook-based Capital Square 1031, which paid $8 million for the property five years ago, was the seller.