M.L. Bell Construction is redeveloping 3410 W. Leigh, a 10,000-square-foot building it bought last month for $1.9 million.
General contractor dons developer cap for project in Scott’s Addition
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 [email protected] or (804) 554-6872.
Developers planning to fill Fan site with up to eight townhomes
“One thing we like to do, for better or for worse, is intensify land use and challenge norms with density,” said Center Creek Homes’ Greg Shron of the former Eck-owned plot on West Cary Street.
Three years after selling for $80M, Henrico apartments fetch $138M
With 664 units, the purchase of The Acclaim at Carriage Hill independent living community equates to about $208,000 per door.
Early Bird Biscuit bows out of Bellevue bakery in favor of Fan location
The Bellevue Avenue bakery space may not stay vacant for long, as Early Bird owner Tim Laxton said he’s in discussions with a potential buyer for the equipment and lease.
Biking giant Specialized acquires Carytown Bicycle Co. chain
“Overall it may be a different name on the check so-to-speak, but inside these doors it’s the same staff and feel Richmond knows. We are still very much Carytown Bikes,” said co-found Jesse Leadbetter.
Roofing company takes over former laundromat in the Fan for new HQ
The risk of losing talent drove the owner’s decision. “I’ve got to keep my guys happy,” he said. “They can go get another job in 10 seconds.”
Thalhimer sells Shockoe-area apartments to New York firm for $11M
The deal for 75 apartments at 2001 E. Broad St. is at least the seventh in the Richmond area for Mercer Street Partners since the firm entered the market in 2017.
Cabo Fish Taco debuts in Richmond
“Every day we’re getting, ‘Hey we’re Virginia Tech alumni, are you guys open yet?’” an owner said of anticipated demand in Richmond.
City developer retreats to Goochland getaway for glamping venture
The cabin and 22-acre parcel in Goochland is being rented out to groups as Rigsby Pond Retreat, with trails, a fishing pond, fire pits and an outdoor shower.
Three Notch’d Brewing to spill into adjacent space in Scott’s Addition
The brewery is expanding its location on West Broad Street by taking over storefronts left vacant by Red Goat Pizza and Richmond Wine Station.