North Carolina-based Hem + Spire bought the fully occupied, 116,000-square-foot mixed-use building at 1300 MacTavish Ave.
Commercial Real Estate
New Starbucks cafe brewing in former bank at River Road Shopping Center
The shuttered BB&T branch, which includes drive-thru bays, is across the street from an existing Starbucks with no drive-thru window.
Medical office building going up beside Ukrop’s food hall in Henrico
The 15,000-square-foot, one-story building will complete the redevelopment of the former Bon Air Baptist Church site.
Funny Bone owners opening new arcade bar concept in Short Pump
A $2 million renovation will expand the comedy club’s seating from 275 to 400 and, combined with DraftCade, it will occupy about 15,000 square feet at the mall.
$3M land buy clears way for 234-unit apartment building in Innsbrook
The deal comes as the seller, Highwoods Properties, is seeking approval of a massive mixed-use development on 34 acres across the street from the site.
LaDiff plans new store after Shockoe complex sells to developer for $10M
The Richmond furniture retailer wouldn’t say where its new home will be except that it will be within city limits.
Developers plan to build apartments in final two Locks buildings
The project would cap off the nearly decade-long redevelopment of the old Reynolds North complex along downtown’s canal front.
New Starbucks brewing near proposed Southside casino site
The coffee giant plans to open a new cafe at 4320 Commerce Road that will feature a drive-thru and employ 30 people.
Former Carver power station set for mixed-use revival after $1.6M sale
A food hall, as well as office and retail spaces in repurposed shipping containers, are among potential uses being weighed for the property.
Pinky’s now open in former Urban Farmhouse space in Scott’s Addition
The Mediterranean-style eatery is the brainchild of local industry veterans John Reynolds and Steve DeRaffele.