After stretching its search into the suburbs, the Virginia Lottery has landed a lease in a state-owned office building just three blocks away from its current home.
Commercial Real Estate
A first glimpse at Quirk Hotel
Racing to get out in front of the bike race, the Ukrops’ new downtown hotel and art gallery is planning to open a portion of its rooms and amenities before the end of the week.
Boulevard books another redevelopment
The stretch of Boulevard bordering Scott’s Addition is set for more apartments and retail, and the developer is also tackling an vacant storefront in a changing section of downtown.
$9M bid chosen for GRTC bus depot
A trio of well-known local developers have teamed up again in a bid for the redevelopment of the vacant GRTC bus depot between Carytown and the Fan.
Downtown hostel celebrates launch
With its dorm-style rooms ready for international bike race visitors, a $2.6 million hostel project ceremoniously opened its doors Thursday.
Sauer to break ground on Henrico shopping center
The developer is gearing up to start construction on the first piece of a 175,000-square-foot commercial project, and three national retailers have already signed on.
Lombardy property set for apartment rehab
After unloading a large VCU-area apartment complex, a prolific developer is turning to a smaller property nearby, where he plans about a dozen high-end units.
Church Hill developer sues project’s investors
The developer reviving an abandoned stretch of O Street is taking her private investors to court for $8 million and alleges that the husband and wife conspired to wrench the project away from her.
String of apartment buildings sold for $10.5M
Making a big entrance into the Richmond market, a private equity firm has grabbed up a portfolio of 12 different apartment complexes along Chamberlayne Avenue.
Developer’s Manchester transformation underway
A large mixed-use development on the Southside is humming along through its first phase of construction, and the finished product plans to bring a grocery store, gym, apartments and commercial space to the growing neighborhood.