Eight local revitalization projects were recognized with Golden Hammer Awards at a ceremony last week put on by Historic Richmond and Storefront for Community Design.
Commercial Real Estate
Wayfair latest to join regional distribution boom
The e-commerce retail giant known for its home furnishings and décor is adding to its network of distribution hubs with a new location in metro Richmond.
Net-zero engineering firm plants flag in Richmond
After several years working jobs here, a Kentucky-based company with a focus on zero-energy design marked its first local presence with an office in Scott’s Addition.
More Shockoe-area property changes hands
One of the city’s earlier historic tax credit conversions just changed hands, joining a recent wave of transactions in a section of the city getting a jolt from public and private investments. The Exchange Alley Lofts, a 27-unit property at 8-10 S. 14th St. on the edge of Shockoe Slip and Shockoe Bottom, sold earlier… Read more »
Stalled Scott’s Addition project prompts $15M lawsuit
Claiming one of its big projects is stuck in limbo because of a dispute with a local developer, a Richmond housing nonprofit has sued to regain control of its plan to convert a shuttered Scott’s Addition hotel into income-based apartments. Better Housing Coalition filed a $15 million lawsuit Friday against Henrico-based Dominion Diversified Real Estate… Read more »
Former Flood Zone building changes hands – again
For the third time in less than three years, a notorious Shockoe Bottom building has a new owner.
New Stony Point apartment complex wrapping up
A 280-unit development years in the making is nearing completion beside Stony Point Fashion Park.
Pepe’s, Hibachi Box owners buy into Scott’s Addition
Two brothers known for their local Mexican and Japanese restaurants have made a real estate play in the fast-growing neighborhood.
Scott’s Addition neighbors craft deal for warehouse conversion
As it prepares a move north, a local furniture maker didn’t need to look far to find a development group interested in the digs it’s leaving behind.
Grocer ponders next step after acquiring Chester shopping center
The parent company of Martin’s grocery stores is weighing its options for a vacant big box space and unfinished pad site that it bought for $14 million.