One spot at The Summit was leased by a Richmond local who helped open Cabo Fish Taco in Blacksburg. The other space will be a neighborhood market.
Commercial Real Estate
The $7 million purchase of the former Oasis Sports Park just east of Cosby High School sets the stage for Main Street Homes to expand its development.
“Scott’s Addition over the last couple of years has changed a lot, and for a small business owner like me it hasn’t changed for the better,” said Gearhead Camera owner Max Fischer.
The owner of SOVA Yoga Studio at 256 E. Broadway said she chose the Tri-Cities because the yoga scene isn’t as big as Richmond’s.
The developer had previously proposed 225 apartments but is now planning 81 townhomes at John Rolfe’s intersection with Pump and Church roads.
The company is taking 25,000 square feet at VA Bio+Tech Park, which is reworking its plan for a new research building nearby.
The redevelopment of a Manchester warehouse and a Shockoe Bottom surface lot got the green light as did a 5-story, 52-unit apartment building at 711 Dawn St.
The new cafe will be much bigger, have a full bar, and include menu items from Brewer’s Waffles and Milkshakes, which closed down in February.
A former city administrator is representing the applicant in a rezoning request for 711 Dawn St., where two existing industrial buildings would be demolished.
Brock Saunders wants to raze a former antique shop and put up three stories with 11,000 square feet that would include an office for his Summit Action Fund and brother Paul’s Hutch Capital.