Two things are clear: the discussions between Chesterfield and Competitive Racing are still ongoing; and the rival development team that got passed over for the project still wants to be the one to bring it across the finish line.
It’s one of two major housing developments Nashville-based Elmington is pursuing in Richmond and and, if approved, would be one of the highest-density lower income projects in the city in recent years.
The five-story hotel, which will be operated by Texas-based Aimbridge Hospitality, is anticipated to be the first of two hotels at the massive lake-anchored development,
Ceremonies Thursday on opposite ends of Henrico marked the start of home sales at the massive Landmark development near Sandston and construction of the solar-powered Helios Apartments near Northside.
The five-story, 279-unit building is set to rise along Telegraph Road southeast of the transforming Virginia Center Commons site.
The company’s expansion in the Highwoods Three building on Cox Road is driven largely by the rollout of a new outdoor security service.
“Investing in Petersburg has not always been the most easy story to tell. It takes a long time to get this momentum,” said Dave McCormack.
Brad Capps’s Titan Construction Group is preparing to build two commercial buildings near Brandermill, one to house offices for Titan and new homebuilding offshoot Crossed Key Homes.
The new space in the Interstate Center office park replaces the nonprofit’s current office in the Arts District.
The 1860s-era building had been homebase for Dan Gecker and Robin Miller’s Urban Development Associates, which bought and rehabbed the property in 2011.
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