Monday’s document dump for the proposed Navy Hill redevelopment revealed not only the $1.5 billion project’s nitty-gritty details, but also the businesses playing a part in bringing the plan to life, with several Richmond-based firms among them.
Commercial Real Estate
Sonic opening first spot in the city
A national fast-food chain with eight locations in the Richmond suburbs is cooking up its first location in the city, with plans to bring a new-to-market format to the edge of Oregon Hill.
$1.5B ‘North of Broad’ plan revealed, now with two new towers south of Broad St.
Documents detailing the proposed Coliseum-anchored Navy Hill redevelopment are now in the hands of Richmond City Council and posted publicly online, revealing more about the $1.5 billion project than previously known – including two new high-rise buildings planned south of Broad Street.
Duck Donuts flies out of Willow Lawn
The Henrico shopping center has lost one of its sweet spots – and another food tenant.
Chase Bank eyes first local branch atop former Extra Billy’s site
A giant of the banking world is looking to make its first big splash in the Richmond market.
D.C. cider maker bringing kegs and cans to Clopton
A D.C. cidery is extending its operations to Richmond, securing storage space in a sprawling warehouse complex in the Southside.
Mayor readies Navy Hill plan for City Council review
Nine months of negotiations surrounding the now-$1.5 billion Navy Hill project have come to a close as Mayor Levar Stoney said he is ready to present the Coliseum-anchored redevelopment plan to City Council.
Brewer turning off downtown taps
A Charlottesville-based brewery is getting ready to close its local taproom.
Local IT firm bags bank-owned building for new HQ for $2.3M
A West End tech firm has found its new headquarters in a deal that allows a local bank to offload a property it inherited through its acquisition of a competitor.
Joyner sold to VACU
The third-largest player in real estate in the region is joining up with a local credit union that’s no stranger to the industry.