The former HI Richmond Hostel at 7 N. 2nd St. will reopen under new ownership after being shuttered during the pandemic.
Hostel takeover: Monroe Ward building sells for $1.8 million
Commercial Real Estate
Venture capitalist gets approval to build Westhampton office building
The two-story, 11,000-square-foot building at 5605 Grove Ave. will house the offices of Summit Action Fund and hedge fund Hutch Capital.
Food-and-beverage incubator Hatch creates co-warehousing offshoot
Hatch Logistics launched in the spring to provide storage services to food companies at a 20,000-square-foot climate-controlled warehouse.
Chesterfield plans to buy Spring Rock Green shopping center for $16M
The county wants to turn it into a mixed-use development with more than 1,000 residential units, office and retail space, a sports-and-entertainment venue and a hotel.
Holy Mackerel: Brewer opens new riverfront taproom at Jordan Point
“It was for sale and the price was right,” a Holy Mackerel Small Batch Beers manager said of the former Dockside Restaurant space.
Residential real estate firm buys Westwood Avenue properties for $1.8M
“I’m bullish on the corridor. I just think it’s located in a great spot,” Cava Cos. principal Frank Cava said of the area just west of Scott’s Addition.
Hard Hat Happy Hour Virtual Tour: Sauer Center
The first phase of office space at the Whole Foods-anchored Sauer Center continues to take shape off West Broad Street. Hundreds of employees from Great Minds, Barton Malow, SingleStone and CarMax will soon fill the site. And watch out for the T-Rex!
Bank of America closing Forest Hill Avenue branch permanently
Foot traffic at the bank’s only location on the city’s Southside began falling before the pandemic and it has been shuttered since it began.
Discovery church building community literally with plans for 25 townhomes
The United Methodist Church near Short Pump would sell two of its eight acres to a developer if the county approves the proposal.
Hometown Realty opens new headquarters at Oaklawn
“We’re really going 180 degrees against the market, because everybody else is ‘Do it from home, do it cheap, do it from the coffee shop,’” said principal Mike Chenault.