With the recent increase in activity in the city, developers say the delays have gotten worse, costing them money and slowing down projects in what some see as a boom time.
Commercial Real Estate
Former Flood Zone building finds another buyer
After it was scrapped as the future HQ for one of Richmond’s fastest-growing companies and put back on the market, a notorious Shockoe Bottom building has hooked another owner.
For sale, again: Canal hydro plant building
Developers enlisted a new-to-Richmond brokerage to market the property, which has been on and off the market for three years.
Architects moving Hanover office to the city
A Chesapeake-based firm with a local office in Mechanicsville is moving its Richmond operations downtown into the Cokesbury building.
Dominion names future HQ; may unload Fan, downtown properties
Richmond’s resident utility giant has chosen a name for its forthcoming downtown complex, and also is mulling the future of two other sizable properties in the city.
Code-named project eyes 1M-square-foot data center in Henrico
The makings of a massive new section of a Henrico County technology park are beginning to take shape.
15 proposals submitted for new ABC HQ, warehouse
Decisions on the project may determine the fate of the state agency’s site near The Diamond – and potentially the future of baseball in the city.
Carytown apartments sell for $1.7M
A renovated apartment building in the neighborhood has been purchased by an out-of-market buyer making its first foray into Richmond.
12 acres in Short Pump find a buyer
It didn’t take long for one of the last remaining developable parcels with Broad Street frontage in Short Pump to find a suitor.
No bidders at bank-anchored Henrico office complex foreclosure
With only a lawyer and two onlookers present, a 163,000-square-foot office complex near Virginia Center Commons was foreclosed on Friday at an uneventful auction.