A crowd of more than 300 got an inside glimpse last week of a former Regency department store’s ongoing transformation into a “pickleball paradise.”
Commercial Real Estate
‘The lease that will go down in history’: Documents reveal details of ill-fated VCU Health development deal
A risk analysis of the deal, which last week drew added scrutiny from Gov. Glenn Youngkin, said the lease “was horribly one-sided, and certainly not what any of us would have recommended as a starting point for a complex transaction such as this.”
Veteran local insurance broker dons developer cap for $20M Robious Landing project
“It’s exciting and a little scary, but I think if you’ve got a good plan, that’s the secret,” Mike Sanford said of his biggest real estate project yet.
Land deal clears way for income-based apartments at Manchester crossroads
Virginia Beach-based The Lawson Cos. is planning a five-story, 116-unit building at the southeast corner of Hull Street and Commerce Road.
HCA, credit union and vet clinic planning outposts at new Short Pump development
With its residential units already well underway, the commercial portion of a new mixed-use development on the Henrico-Goochland line is coming into view.
Kinsale unloads part of Anthem campus on Staples Mill for $66M
The sale allows Kinsale Capital Group to recoup much of the $77 million it paid for the Willow Lawn-area building and neighboring property nine months ago.
1,200-acre data center park eyed in Hanover County
The site would be able to support 9 million square feet of data center space spread across about 30 buildings located in a few campuses throughout the property.
GreenCity plan progresses with $35M land sale, residential development agreement
The development agreement with Markel | Eagle calls for the creation of a separate CDA to help finance initial work on the residential portion of the massive arena-anchored, mixed-use project.
Additional mixed-use development pitched for site near Hanover High
A rural crossroad in Hanover County already slated for a large mixed-use development could see a similar, albeit smaller, project across the street.
Church buys UTurn complex for $5.7M, takes over program management
UTurn has sold its indoor sports facility at 2101 Maywill St. to Hill City Church, which has held services at the Westwood-area building since its founding nearly a decade ago.