A vacant mall property that has long been slated for a Walmart-anchored redevelopment project is finally getting off the ground following a sale last week.
Commercial Real Estate
Handful of Jefferson properties return to market
The buyers of the massive Billy Jefferson apartment portfolios are unloading several properties, including apartment buildings and a few single-family homes on Monument.
Downtown day care building demolished
The YMCA tore down its former day care building downtown on Thursday.
Va. agency lands new HQ
A state agency finalized a $8.5 million deal for a new headquarters building in Henrico and has put its former office on West Broad Street on the market.
VCU plans move into HDL building
The university is eyeing 45,000 square feet in HDL’s downtown headquarters as the bankrupt lab company continues to cut back on cost and space.
Fan apartment complex hits the market
A Monument Avenue apartment and office building has been listed for sale, and its current owners are pushing a condo conversion project.
Lottery makes play for new HQ
As the state lottery prepares to lose its longtime home downtown, it has started on the hunt for a large space elsewhere in the Richmond area big enough to house its entire operation.
Usual suspects line up to buy bus depot
Several of Richmond’s most well-known developers and several out-of-town are hoping to get their hands on the GRTC property between Carytown and the Fan.
Churches settle deposit dispute
An Eastern Henrico congregation didn’t get the new church it wanted, but it’s at least getting its money back from an unsuccessful bid on a property near Manchester.
New Kent project making progress under new owner
More than 18 months after taking over a once troubled New Kent County development, the project’s new owner says he’s taking his time bringing the $22 million plan to fruition.