The Chesterfield outpost of Bryant & Stratton College is relocating, helping a local real estate investor Gagan Marwaha begin to capitalize on his latest empty-office building gamble.
The venue management company, which had signed on to develop and manage the mixed-use development’s anchor arena, says it is owed the amount stemming from a 2023 loan.
The 13,000-square-foot retail strip would be one of the final pieces of the mixed-use development, along with a planned senior apartment complex and restaurant building.
A few weeks after buying a big chunk of industrially-zoned land in Chesterfield, a firm out of the Lone Star State has made an even bigger purchase in South Richmond.
A crowd of nearly 500 was treated to one of the best views in the city last week: an up-close glimpse of the new Allianz Amphitheater at Riverfront with the river flowing in the background.
“The greater Richmond region is among the top five markets in the Southeast U.S. with the lowest vacancy in Class A industrial space,” Supervisor Jim Ingle said of the need for the project. “I know the building will be leased in no time.”
A buyer from the Rocky Mountains has used a Chesterfield apartment complex as its entryway into the Richmond market.
Houston-based construction conglomerate TriplePoint MEP last week acquired local contractor Atlantic Constructors Inc. for an undisclosed amount.
Virginia Housing is looking to provide some extra parking for its employees – and potentially for concertgoers at downtown’s newest music venue.
“It’s in great shape, but it’s just a little tired,” principal Dave McCormack said of the Mayland Drive building that Waukeshaw plans to renovate. The deal included a parking lot it’s also looking to flip.
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