Luring a Richmond developer to Petersburg, a former manufacturing warehouse is set to be converted into 62 apartments as the city continues to grow.
Commercial Real Estate
Walgreens filling vacant downtown storefront
The retailer’s smaller pharmacy concept is filling in a gap on Broad Street across from the Central National Bank project, and with the lease in hand, the building’s owners have put the property on the market.
Shopping center back on auction block
A Chesterfield shopping center owned by a Virginia Beach developer has a new date with the auctioneer after a September foreclosure auction was canceled.
Grace Street lot vetted for GRTC transfer center
Massive drills dug into a downtown parking lot this week, one of several sites being tested for viability as a permanent bus transfer facility as the GRTC works to narrow down its lengthy search.
Dual developments look to revive defunct site
The recession stomped out a massive commercial project in Midlothian in 2009. But now, local developers have one project off the ground and another in the works that will bring nearly 400 residential units and new retail space to the land.
State organizations hopping downtown offices
A downtown tower is slowly refilling a law firm-sized hole, with two government groups leaving neighboring offices that one has called home since the mid-’90s.
12-acre sale could signal more retail in Manchester
The company behind a few big retail complexes in the area is working up a new project in Manchester after buying 12 acres and several warehouses in the growing Southside district.
VCU to grab more real estate with $15M bond plan
The school has its eye on a restaurant property and a Media General-owned office and plans to renovate several of its other buildings, including the Brandcenter.
Seminary’s $50M project wins approval
After significant outcry from neighbors and big adjustments to the original plan, a Northside seminary is moving forward with its plans to add 300 apartments near its campus.
Hardywood breaks ground in Goochland
Quickly after receiving approval from the Goochland Planning Commission, Hardywood Park Craft Brewery made the first dent in the ground where its new $28 million facility will rise.