A residential anchor of a years-in-the-making mixed-use development is on track to deliver the community’s first rental units this fall.
Commercial Real Estate
Dominion files plans for second downtown tower
With construction of its new office tower well underway, Richmond’s resident utility giant is cueing up a potential sister structure next door.
$49M apartment project in the works in Chester
Chesterfield County’s apartment count continues to climb, with yet another developer out of Charlottesville fueling the recent boom.
Architects sell downtown office building for $3.4M
Developers Eric Phipps and Bryan Smith have taken a liking to a particular block downtown – and last week added another piece to their real estate collection.
Woman-centric co-working space expands downtown
The city’s newest co-working venture has added more space just off Broad Street.
Shamin Hotels buys into Charlottesville
Richmond’s largest privately held hotelier has made a move into UVA territory.
Rehabbed First National Bank building nets $39M
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
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
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.
Thalhimer slurps up former Pet Dairy facility for $5.5M
A local development firm is looking to milk an opportunity out of a recently shuttered industrial site near The Diamond.