The $13 million sale of the former Media General HQ has resulted in a lawsuit from a Richmond commercial real estate firm that says it is owed compensation from the media company’s acquirer.
Commercial Real Estate
Cocktails, not cupcakes, spilling into Carytown storefront
The owner of Carytown Cupcakes is planning a bar for a storefront next to the confectionary that soon will be left vacant by Carey Burke Carpets.
Taco restaurant, juice bar lined up for pending Union Hill building
A new eatery and an established local juice maker have signed on for a proposed mixed-use development that recently received the endorsement of the Richmond Planning Commission.
Developer denies architects’ claims in Petersburg hotel lawsuit
The Maryland company behind a planned conversion of the former Ramada Inn disputes claims from a lawsuit by a Shockoe Slip firm that it is owed upwards of $150,000 for services related to the project.
Hotel closes on Innsbrook site; developers grab adjacent land
A new player to the region is doubling down on its metro Richmond investment while a local development firm is buying into the area around the former WestMark complex.
Retirement services firm settles in at Riverfront Plaza
The latest out-of-town company to expand to Richmond cut the ribbon this week on its new downtown digs.
Construction starts on East End culinary school; grocery store next
A Markel-led project aimed at improving public health and food availability in the neighborhood is now underway at a transforming urban crossroads.
Wawa breaks ground on Boulevard
With the fate of the nearby Diamond still up in the air, a local developer and the gas station chain are moving dirt on the eastern edge of Scott’s Addition.
Rebkee, Fountainhead buy big near Scott’s Addition
A remnant of a national retailer with a shrinking local footprint has struck a deal to be snatched up by two of the most active development firms in the region.
Westminster Canterbury ‘Tower’ gets a facelift
A Northside retirement community is getting shot of youth in the form of a $5 million update to its tallest building.