The project is being pitched as an alternative to Shamin’s current plans to build a hotel across the street at the Stonebridge development.
Commercial Real Estate
Auction for unfinished packaging plant in Chesterfield attracts $16M bid
A mystery bidder made the eight-figure offer for partially built Cartograf plant in Meadowville Technology Park, though a judge must first approve the sale as part of a legal dispute with a lender and contractor.
Church planning redevelopment of Hull Street Road site with 192 apartments, 40 townhomes
Led by City Council president and delegate-elect Michael Jones, the church is working with homebuilder D.R. Horton to redevelop the former movie theater property near Hull Street and Genito roads.
6-story Broad St. apartment project east of Willow Lawn advances
The 60-year-old Commonwealth Building in the 4600 block of West Broad Street would be replaced with a six-story building with 155 apartments and eight so-called “live-work” units.
Unfinished Chesterfield industrial project in legal limbo as court-ordered auction looms
Lawsuits filed by the $65 million project’s general contractor and led to the court ordering an auction. But the company that was supposed to occupy the building is pushing back.
Regency redevelopment could extend across Parham with plan for former underpass site
The developers behind the transforming mall have struck a deal with Henrico’s EDA to buy the triangular-shaped lot at 1401 Eastridge Road, where they’re planning an additional mixed-use project.
Better Housing Coalition breaks ground on $17M apartment project in Chesterfield
The $17 million development marks new territory in Chesterfield for the Richmond-based nonprofit, whose other properties in the county are concentrated along the Route 1 corridor.
D.C. developer Hoffman files plans to transform entire city block in Scott’s Addition
The Washington, D.C.-based firm, known for The Wharf development in its hometown, is planning a six-story, 367-unit apartment building at 3200 W. Moore St.
Midas Church Hill spot revving up with $1.6M property purchase
The sale came a month after Midas secured approval from Richmond’s Commission of Architectural Review to rehab the building, which operated continuously as an auto repair garage for nearly a century.
Dominion takes downtown real estate holdings off the market
The properties in question are: an entire city block at 701 E. Cary St.; its 20-story Eighth & Main office tower at 707 E. Main St.; and a 3-story parking deck at 620 E. Cary St.