SNP Properties is planning to convert its latest acquisition into 14-16 apartments and ground-floor retail space.
Mike Platania
15-story apartment tower planned for parking lot at Grace and Foushee
An unnamed developer is looking to add height to the Monroe Ward area, where a separate project in the works has been upsized and is now designed for 16 stories.
Another local shopping center anchored by Publix changes hands
The $24 million deal for the Charter Colony Shopping Center made it the fourth sold in the region in as many years.
Sheehy buys Lexus of Richmond
The local car dealer paid $25.5 million for the real estate including the showroom and service center and an undisclosed amount for the business.
Developer buys Dairy Bar property in Scott’s Addition for $7M
It’s unclear whether any changes are planned for the three buildings at 1600-1602 Roseneath Road.
Portion of Bow Tie property off Arthur Ashe Blvd. to be sold to developer
Level 2 Development, which also owns nearby properties, is under contract to purchase 6 acres of wooded land next to the Movieland complex.
Citing cost, Mosaic rethinks plan for events space near Scott’s Addition
The caterer bought 3013 Cutshaw Ave. in 2020 and initial renovation quotes were about $1 million. Now the cost is nearly three times that, so the building is up for sale.
340 apartments planned for former Motleys site on Broad Street
Proposed between Scott’s Addition and Willow Lawn are an E-shaped building that would reach four stories and behind that a five-story building.
Saint Gertrude’s Museum District campus under contract to developer
SNP plans to keep the 69,000-square-foot former school building’s footprint intact and renovate its interior into 38 apartments.
Four more 1,000-barrel tanks added to Stone Brewing’s facility in Fulton
The new tanks increase the Richmond brewery’s capacity from 150,000 barrels of beer annually to 200,000 barrels.