The first phase of one of the biggest residential developments to come to the county is beginning to take shape off Route 288 beside Capital One’s West Creek campus.
Commercial Real Estate
$40M RiverHaus project on hold in Manchester
Unexpected, unsolicited offers and fallout from the pandemic has landed a Manchester multifamily project on the back burner.
Glen Allen private school makes move to Lakeside
A small, 2-year-old Montessori school is trading Northern Henrico for Lakeside in a bid to get closer to its target student demographic.
Thinking long term, development group snags 9 acres near Manchester
“If you don’t stay three to five years ahead, you’re behind,” said Richard Smith, who partnered with Tom Papa and Walter Parks on the deal.
Chesterfield County plans major rewrite of zoning ordinance
“It’s still a 1956 Oldsmobile. Sometimes you have to just buy a new car.”
Douglas Jemal speaks out: ‘It’s an opportunity of a lifetime for Richmond’
In a rare interview, the founder and president of D.C.-based Douglas Development, who had made his own bid for the bulk of the city-owned properties once planned for Navy Hill, opened up to BizSense after hearing about a second offer for part of the land this week.
Nordstrom to permanently shutter Short Pump store by August
While the department store was one of Short Pump Town Center’s original anchors, mall developer Tommy Pruitt says the ownership group sees opportunity in reusing the 120,000-square-foot space.
Lingerfelt sells off seven properties in Innsbrook
One of the region’s biggest real estate investment firms has unloaded seven buildings in its own backyard – but its involvement with the properties will continue.
Scott’s Addition-based real estate firm spends $48M for Texas trio of apartment properties
“Multifamily (housing) weathers recessions really well, especially B-grade multifamily, and that’s what we do.”
Developers look to salvage part of Navy Hill plan with $350M project, anchored by 20-story tower
Capital City Partners has submitted an offer to the City of Richmond to buy the Public Safety Building property at 500 N. 10th St. The project would not involve city funds or a TIF.