Commercial Real Estate

Sources: New arena in the works to replace Coliseum

coliseum-aerial

An effort led by one of Richmond’s corporate heavyweights is taking aim at the aging event venue with a plan to build a new arena and potentially redevelop surrounding properties, including the long-dormant 6th Street Marketplace.

Monument Ave. office building to make way for apartments

3900 monument

In the midst of another project in Scott’s Addition, a real estate investment group is moving forward with plans to replace an old medical office building with a 15-unit apartment complex.