“The idea was, we’d rather do something timeless than something that’s new and flashy,” said Christian Kiniry. “We spent a lot of time on the windows and the skin of the building. We tried to make it more of a classic style.”
Commercial Real Estate
HVAC firm drops $4M in Westwood area for new local HQ
A warehouse in Henrico’s Westwood area that was set to become Scott’s Addition-esque modern office space is now heading back to its industrial roots.
$6M land deal telegraphs apartment project near Virginia Center Commons
Construction has started on a five-story, 279-unit apartment building across Telegraph Road from the former mall site after the deal closed last month.
Golf Galaxy building in Short Pump sells for $6M
It’s the second piece of West Broad Village purchased in the last month by CTO Realty Growth, which was already the biggest commercial landlord in the mixed-use neighborhood.
First-time developers planning ‘mini dorm’ near VUU campus
The sizable changes planned for Virginia Union University’s campus as part of its recently unveiled master plan have also caught the eye of a first-time development duo looking to get in on the college’s growth.
Data center development planned for Azalea Flea Market site
A firm tied to the family that once ran Richmond Raceway is working with a data center developer out of Atlanta to rezone the site that’s hosted the local flea market for decades.
Sina Hospitality breaks ground on new hotel near Richmond International Airport
The local company also has several hotels in the works in Chesterfield, though it says it’s awaiting financing in what it described as a challenging lending environment.
Richmond Highway warehouses sell for $11M to group including newly launched local firm
Among the buyer’s group is Queenswood Partners, a new local real estate firm launched by industry veteran Andy Little.
Project Snapshot: The James mixed-use building rising at Springline development in Chesterfield
Developer Collins Enterprises is at the halfway point of construction for the 300-unit building that also will house 30,000 square feet of ground-floor retail on the site of the old Spring Rock Green shopping center.
Former James River Transportation owners sell bus hub in the city for $8.5M
The Story family, which until last year owned James River Transportation, has now sold 8 acres in the Newtowne West neighborhood for a total of $16.4 million.