The draft Richmond 300 plan now envisions the new stadium to be built among mixed-use development on the west side of Hermitage Road in the area of the existing Sports Backers Stadium.
Commercial Real Estate
Downtown real estate firm eyes $35 million cash haul; continues hunt for retail properties
Just weeks after closing on its latest round of properties, a local real estate investment firm is looking to refill its coffers with eight figures’ worth of fresh capital.
Chesterfield County drops $21M to expand Meadowville Tech Park
The county bought 353 acres to tack onto the tech and logistics park near Chester, with the hope it finds use as the site of manufacturing facilities.
New Scott’s Addition office project nets first tenant
Amid questions and theories about the future of office space in the age of coronavirus, a new office development on W. Clay Street is full steam ahead.
‘Brownstone’ townhomes rising in CenterPointe
A townhome development taking shape in Midlothian is introducing a new product from one of the region’s more active homebuilders.
Bellevue Dry Cleaners moves out of Bellevue
The longtime Northside business has left the city and its namesake neighborhood to set up shop in nearby Lakeside.
Surplus proposal for Navy Hill properties delayed again as input expected on Coliseum area plan
A proposed surplus designation that’s needed before Richmond City Council can entertain new development proposals for properties once tied to Navy Hill will have to wait at least another two weeks. Council on Monday delayed consideration of the designation until its next regular meeting on June 22, by which time the city expects to receive… Read more »
Old Manchester diner property to be razed for new development
The long-vacant Lighthouse Diner building on Hull Street, which until recently had been owned by an entity tied to Michael Hild, is not long for this world.
Cherry Bekaert wins dismissal of Thalhimer lawsuit; appeal planned
Round one in the legal bout between local accounting giant Cherry Bekaert and Richmond real estate heavyweight Thalhimer has ended, but the jousting continues.
Quirk Hotel back open in C-ville, sets Richmond reopening date
Boarded up due to damage sustained amid the recent protests, Richmond’s Quirk Hotel has pushed back a scheduled reopening but plans to stick to its new date, boarded windows and all.