Commercial Real Estate

Rehabbed First National Bank building nets $39M

first national bank building

Marking the city’s largest apartment deal in recent memory, an out-of-town buyer has grabbed a redeveloped downtown bank building barely six months after it hit the market. An entity tied to Washington, D.C.-based real estate firm Gates Hudson last week purchased the 154-unit First National Bank apartment building at 823 E. Main St. in Richmond’s… Read more »

Westhampton School rezoning passes Planning Commission muster

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The prospects of future development at the old Westhampton School site took a step forward on Monday. The Richmond Planning Commission voted to recommended approval of Bon Secours’ request to rezone the school’s 6 acres at 5800 Patterson Ave. The matter now needs City Council approval. Bon Secours filed the request in late May, as… Read more »

DHR head addresses Manchester boundary debate

Siegel

A delayed vote on a requested boundary expansion of an historic district in Manchester has prompted the local development team behind the proposal to threaten to halt construction and further investment in the area – even though the state agency reviewing the proposal said it supports the plan.