In what could be the first reduction to its policy in a quarter century, Chesterfield is considering a change to the county’s cash proffer system that critics maintain has stymied residential growth.
Commercial Real Estate
Sweet Frog founder still pushing for $185M waterpark-anchored project
Derek Cha and his partner Brett Burkhart are adding more land to a sprawling “retail-tainment” development they’ve proposed in Chesterfield.
Manufacturer finds new place to hang hat near RIC
A swath of industrial square footage in Eastern Henrico has been spoken for before it’s been fully built – and its developer has more local spec space in the works.
VCU drops $2M for Chinese restaurant building
The university further solidified its grip on land around its forthcoming Institute of Contemporary Art.
City readies land for Boulevard redevelopment
As interested developers prepare their proposals, the site of a planned redevelopment along the Boulevard is becoming a cleaner slate.
Former Tobacco Factory apartments up for grabs
A mixed-used Manchester building has hit the market about two weeks before some surrounding parcels are set to be auctioned off.
Builder spends $11M to expand West End holdings
The bankruptcy of an Arizona-based company has led to an expansion of a local builder’s senior living portfolio in Henrico.
New real estate firm grabs BofA branch, Eco Flats
A West Broad bank property and a Jackson Ward apartment building mark some of the first acquisitions of an up-and-coming development company.
Site work starts on alleyway project
A project that will fit six modern-design townhomes within a built-out city block has more room to maneuver.
Scott’s Addition hotel sold, $30M mixed-use conversion planned
With rents rising apace, a local nonprofit hopes to bring affordable housing to Richmond’s hottest neighborhood.