The lease brings together two Markel-owned firms, as both PartnerMD and GreenGate’s developer are owned by the Innsbrook-based insurance giant.
Commercial Real Estate
Twin 11-story towers planned for Manchester riverfront; sky bridge included
Guy Blundon and Mark Purcell are behind the $75 million project, which would feature two towers connected by a sky bridge that will double as the neighborhood’s newest event space.
Mixed-use development underway at UMFS campus
Site work has begun for 250 apartments and a Courtyard by Marriott hotel along West Broad Street. Spy Rock Real Estate leads the development.
CBD shop to blossom in the Fan
The space at the corner of West Cary and South Shields streets had been home to Woody’s Inn restaurant, but has been vacant for years.
BofA to shutter Stonebridge branch
The future of the 1.3-acre outparcel on the former Cloverleaf Mall site remains unknown. The bank leases the property and it is owned by a group out of North Carolina.
Sprout School to take root in shuttered Manchester church
The school’s move will free up the YWCA to carry out a nearly $6 million renovation of its downtown facility at 6 N. Fifth St.
Stalled Chester subdivision heads to auction block
The bulk of an unfinished neighborhood in the heart of Chesterfield County is being put up for sale after falling into foreclosure.
Crust Bikes riding into Richmond with new HQ
The company builds bikes for bicycle touring where the rider carries their gear with them on the bike on trips that can span thousands of miles and months of time. The bikes sell for up to $3,500.
Lebanese bakery adds to international offerings at Broad and Horsepen
A Henrico commercial district known more for its Vietnamese and Chinese eats is adding a new flag to its spread of restaurants.
Douglas Development begins apartment conversion of former downtown hotel building
A prolific Washington, D.C.-based developer with a hefty downtown Richmond portfolio is reviving a long-dormant relic in its collection.