Seven of the homes would be market-rate and front M Street on the property’s north side, while the two remaining homes would front 26th Street and would be sold as lower-income units.
As Richmond officials prepare to rezone the 20-block area referred to as City Center, they’re also taking further steps to position the Richmond Coliseum property for potential sale and redevelopment.
Katie Doswell has opened a West End office and Rachel Feinstein plans to open one in Chesterfield in July.
“The (brick-and-mortar stores) that do work are the ones that are experiences, they have an atmosphere,” said Don’t Look Back owner Hamooda Shami of his new shop Paper Tiger.
The branch expansion comes as the $5 billion credit union awaits a decision in its years-long dispute with bankers over an expansion of a different sort.
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.”
The Maryland-based company sells residential and commercial stone and tile products, porcelain slabs and wood and vinyl flooring.
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.
Conceptual plans that the teams provided all propose placing the new baseball stadium beside the boulevard and rail line in the project area’s southwest corner.
“Every day we’re getting, ‘Hey we’re Virginia Tech alumni, are you guys open yet?’” an owner said of anticipated demand in Richmond.
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