Two developers are about to start rehabilitating two blighted retail buildings on East Broad Street with some financing from the City of Richmond.
Commercial Real Estate
One of Justin French’s former banks is pressing hard to make sure they are first in line for repayment, this time asking the bankruptcy court to appoint a trustee — and fast.
The company is moving back to a building it emptied when it laid off hundreds of area workers.
Local job-posting company Snagajob is looking to lease more office space in Innsbrook, according to sources close to the deal. The company recently raised $27 million in venture capital and plans to hire 100 employees.
A new plaintiff is suing local businesses over wheelchair accessibility issues, but this one wears a crown.
A major employer in Richmond has plans to add a new financial services processing center in a mostly industrial part of Henrico County.
Hankins & Anderson says it was shorted hundreds of thousands of dollars for work on the newly renovated Virginia Museum of Fine Arts.
A half-finished apartment project left in the wake of the Justin French fiasco has been bought by an investor who plans to finish the project this summer.
A closed Steak & Ale restaurant on West Broad was sold, while the Leukemia & Lymphoma Society leased 3,500 square feet and The National White Collar Crime Center leased 16,000 sf. And a small law firm leased 1,000 square feet on Monument Ave.
A Chesterfield housing development that caters to senior citizens has fallen, and it can’t get up. And now the few residents of the unfinished neighborhood are hoping a new developer comes in to help revive the stalled project and revive their dreams of a stress-free retirement.