After taking over the business from the original owner, a former employee bought the 1620 W. Main St. building from him for $1.67 million.
The locally-based used vehicle consignment company, which recently listed on Nasdaq, is relocating to the HandCraft building at 3301 W. Moore St.
When he started in 1994, Jamie Nester made $4.25 per hour. Now he owns the business and it has $10 million in annual revenue.
The owner had leased space on Marshall Street with plans to serve VCU students but went with a bigger location on Cary Street instead.
New York-based chains King Crab Juicy Seafood and Hook & Reel are opening new locations.
Capital City’s first foray into the Richmond region would have 182,000 square feet and rise on a pair of surface parking lots along West Seventh Street.
The Philadelphia native plans to open a two-in-one restaurant concept at 407 N. First St. in Jackson Ward.
Singaporean investors bought the 47-acre site from Longships Capital, Homeward Angel and Prudent Richmond, which paid $38 million for the property in 2017.
The Cordish Cos., Bally’s Corp. and Urban One are finalists. The Pamunkey Indian Tribe, Wind Creek Hospitality and Golden Nugget Hotels & Casinos are out.
The Pit and The Peel will join two office tenants in the mixed-use project rising on the site of the old school property at 5800 Patterson Ave.