“We’re looking at, for our next one, down Hull Street near Magnolia Green,” said owner Justin Hershey. “We’re trying to go where the people are.”
Commercial Real Estate
Church buys Randolph rec center overlooking Riverview Cemetery for $1M
Boulevard United Methodist financed the acquisition with funds received through its 2018 sale of 321 N. Arthur Ashe Blvd., its home for nearly 100 years.
2,000 homes proposed across three projects in Short Pump
A massive project from Eagle Construction of VA would add 1,600 homes and commercial development along the north side of Interstate 64 west of Gayton Road, while two other proposals would add apartments and condos to the south.
Sauer Center’s first phase fills out
All of the office space in the Whole Foods- and CarMax-anchored development’s initial phase has now been spoken for, with a firm that’s closely familiar with the project snapping up its last bit.
Drywall contractor buys into Scott’s Addition
After years of leasing space for its Richmond operations a Virginia Beach-based drywall company has become its own landlord in the city.
In a change, hotel and office project on Broad scrapped for 250 apartments
The former Akaza Hotel property at 6531 W. Broad St. had been slated for redevelopment with two new hotels and an office building, but COVID changed plans that now call for apartments, including corporate housing units.
Redevelopment on ice: Chesterfield eyes hockey venue for Spring Rock Green
The dual NHL-sized rinks would be the main feature of the 100,000-square-foot sports-and-entertainment venue that would occupy the northeast corner of the site.
Shamin Hotels staves off foreclosure auction for Short Pump Hilton
The local hotelier has struck a deal with its lender to remain as owner of the Hilton Richmond Hotel & Spa and to have the property taken out of receivership.
Eck family lists 158 properties in the Fan as it exits real estate market
Many of the parcels, which include retail, multi-family residential and mixed-use buildings that line West Cary and Main streets, are under contract to be sold.
Restaurant to open in downtown’s Common House social club
Birdie’s at 305 W. Broad St. will be a coffee house during the day and a seafood joint that specializes in oysters at night.