Fresh off a $5 million acquisition last month near The Diamond, a local development firm has made another property grab in the city – this time on the edge of Scott’s Addition.
Commercial Real Estate
Interior design, PR firms fill former Jackson Ward bakery
Two local businesses in different lines of work have turned a Jackson Ward-area storefront into a shared home base.
Model Tobacco site under contract, on track for redevelopment
The Model Tobacco property in South Richmond is back in play for resurrection, as a Maryland-based developer has an acquisition in the works and recently purchased neighboring parcels.
Local Babies ‘R’ Us building sold at auction; neighboring toy store could be next
Investors have begun picking off the Richmond-area remnants of Geoffrey the Giraffe’s fallen empire.
Office building plan signals shift at Libbie Mill
Responding to higher-than-expected demand for office space, the developer behind the mixed-use Libbie Mill-Midtown is moving forward with plans for a new office building – and is making room for more.
Apartment project near Libby Hill proceeding with new developer
A years-in-the-making apartment building planned near the foot of Libby Hill is inching closer to construction, with a new developer signed on to see the project through.
Bulk of West Broad Village hits the market
One of Short Pump’s biggest developments soon may be under new ownership for the second time in six years.
Shamin Hotels readies two new local projects
On the heels of its first acquisition in Charlottesville, a seasoned Richmond hotelier has two more local projects in its plans.
DHR, city council members continue Manchester historic district debate
An enhanced outreach effort on a proposed historic district expansion in Manchester continued Wednesday with a meeting between state officials and the three Richmond City Council members whose districts are involved. About two dozen people attended the meeting between staff with the Virginia Department of Historic Resources and the City Council’s Parker Agelasto, Ellen Robertson… Read more »
Nonprofit’s $19M apartment project for homeless underway in Carver
A local housing nonprofit’s renovation and expansion of an apartment building in Carver is coming together.