Dave and Meril Gerstenmaier are offering their design and development knowhow for a build-to-suit office project on a site behind their former Grove Avenue design studio.
Former HG Design Studio owners draw up Libbie-Grove site for new project
Commercial Real Estate
Gym owner opens events venue in former Studio Two Three in Scott’s Addition
The venue is expected to serve as a new revenue stream to help support Tequila & Deadlifts, the Fan gym that owner Kerith Rae wants to expand with a second location.
Scott’s Addition parking lot dispute heads to appeals court
Dalian Development has formally filed an appeal to try to reverse a Richmond Circuit Court ruling related to a lease dispute on a surface parking lot it owns at 3210 W. Marshall St.
Quirk Hotel’s Charlottesville location sold to N.Y. firm for $24M
After a run that lasted just four years, Ted and Katie Ukrop’s Charlottesville version of Richmond’s Quirk Hotel is under new ownership and will be rebranded later this year.
Recently re-permitted Westover Hills site goes back on the market
The listing comes just weeks after a Fairfax-based developer received city approval to build a three-story development with a dozen apartments plus commercial space.
Sixth and final section of New Manchester Flats in the works
Sixteen years after its first phase was built, Lynx Ventures will develop the final leg will be a 127-unit apartment building at 1021 E. 4th St.
Shamin breaks ground on pairs of hotels, restaurants beside events center at VCC
The 114-room Home2Suites and 111-room Residence Inn and Suites will add to two restaurant buildings that the hotelier has previously announced for the transforming former mall site.
Slideshow: Scenes from Hard Hat Happy Hour at Ainsworth
The 30th installment of Richmond BizSense’s Hard Hat Happy Hour, presented by Sands Anderson, brought a crowd of 300 to get a glimpse of the massive redevelopment of the former Laurel Park Shopping Center.
Richmond Fed vacates West Creek complex, lists property for sale
Built in 1997 for furniture company Heilig-Meyers, the property houses a 6-story, 200,000-square-foot office that the Richmond Fed had used mainly for its IT staff.
Assessing assessments: How some city property owners question valuations amid rising prices
In a tight real estate market in a sought-after city, the inexact science of valuing Richmond’s 76,000 properties can leave owners and assessors at odds.