A defunct bookstore and former hardware shop soon will be redeveloped along a stretch of Hull Street that continues to attract new investment.
Commercial Real Estate
Farrell’s group is lone respondent to Coliseum RFP
The closing of a 90-day window for proposals to replace the aging arena and redevelop surrounding blocks downtown came and went with a single respondent submitting a plan.
VCU buys nightclub building for $3.5M
A property that for years housed a club venue in the heart of VCU is now in the university’s grasp.
Redevelopment in store for Maggie Walker’s bank building
The structure that served as the epicenter of business for one of Richmond’s most famous entrepreneurs is set to begin a new chapter as a mixed-use anchor.
Rehabbed First National Bank building tests the market
Its Northern Virginia owner has put the old downtown bank building-turned-apartment tower up for grabs.
Stuart Circle complex sells for $12M
A New York developer is making an eight-figure first impression in Richmond with the purchase of an apartment building – doorman included.
Panel urges ‘shared vision’ for Shockoe Bottom’s development
An effort to breathe new economic life into parts of Shockoe Bottom while acknowledging its history as a slave-trade hub is getting some advice from other cities that have faced similar challenges.
Downtown assisted living facility hits market for $5M
A sizable property along a rapidly changing downtown stretch of Grace Street is up for grabs and likely destined for a new purpose. The three-story, 38,000-square-foot building at 115 N. Jefferson St., at the corner of Jefferson and Grace streets, is on the market for $5 million. Ann Schweitzer Riley, a broker with One South… Read more »
Jackson Ward apartments sell for $2.2M
A residential building converted from a former funeral home garage is in the hands of a new owner following a seven-figure deal.
Secretive Chesterfield industrial site being built for Fortune 50 firm
More details behind a code-named industrial project in Chesterfield County are emerging. Armada Hoffler, a Hampton Roads-based real estate investment firm, said in an earnings conference call Tuesday that the 220,000-square-foot distribution center it is planning at 1608 Willis Road is being built for an undisclosed Fortune 50 company. Louis Haddad, president and CEO of the publicly… Read more »