The latest effort to coordinate economic development in Shockoe Bottom while also paying homage to the area’s history kicked off this week with the first in what’s planned to be a series of meetings and planning sessions.
Commercial Real Estate
FBI investigating MGT Construction accounting scheme
At least three federal agencies are investigating an accounting scheme that last year toppled the construction arm of local commercial real estate firm Thalhimer.
$2M land buy laying groundwork for new outdoor rec venture
After parting ways with the outdoors recreation startup he co-founded, Aaron Bumgarner is kicking off his next outdoors-focused venture with a 1,400-acre land deal in Powhatan County.
Pizza chain franchise serves last local slice
The last Virginia holdout of a national pizza chain has closed in a Henrico County retail center.
Petersburg hotel project hit with more lawsuits
As a Richmond architecture firm keeps up its legal fight against the developer behind a delayed hotel rehab in Petersburg, a second lawsuit likewise alleging nonpayment on the project has been filed by another area business.
New coffee roastery headed for Lakeside
The neighborhood’s latest coffee-related business is the result of a roasting operation that began in a garage last spring in Amelia County.
Harrison & Bates to cease operations
“It’s a hard moment for all of us,” CEO David Williams said of the firm’s decision, which comes after it abruptly lost its national flag late last year and one-third of its brokers jumped ship.
Thalhimer’s development arm makes another buy in Scott’s Addition
A local real estate company is back for more in one of the city’s most sought-after neighborhoods, snatching up an old office building that will get a $2M makeover.
Henrico rock gym starts $2M expansion
A local climbing gym is continuing to go vertical as it adds more climbing terrain to its location in Henrico County.
With new owners in place, Jackson Ward gelato shop has greenlight for reopening
From the moment Mike Wilbert and fiancee Caitlin Kilcoin stepped foot in the Stoplight Gelato Cafe about two years ago, they knew its owner was on to something special.