The Libbie Mill-Midtown development in Henrico County will soon kick off its first round of residential construction, and it has also been given the OK to build a high-rise in the center of the project.
Commercial Real Estate
East End mall’s demise begins
The demolition of the aged Fairfield Commons mall started with celebration Thursday, as the property’s new owner gears up to build a brand new, Walmart-anchored shopping center in its place.
REIT lays groundwork for more East End warehouse space
A real estate firm scooped up nearly 100 acres in Henrico County for an industrial project, and plans suggest that a major Chesapeake alcohol distributor could be moving in.
Bill Goodwin’s firm amasses 600 acres in Chesterfield
With a pair of 300-acre land deals in less than two months, Bill Goodwin’s real estate company has doubled its holdings in Chesterfield County and grabbed more property near a massive mixed-use project.
Riverfront plant floated for apartment towers
A pseudo-island wedged between the Manchester canal and the James could support the next major change to the city skyline. A developer is proposing a pair of 16-story apartment towers to replace an old paper company building.
Investment firm launches $35 million fund
A private equity company with a hand in several major commercial real estate projects is already filling its next fund more than $26 million in investments so far.
In VCU hub, restaurant property hits market
A holdout to VCU’s Grace Street real estate expansion could finally be absorbed into the university’s growing territory as the restaurant property’s owner seeks a buyer.
Another $51M in apartments hits the market
Two apartment complexes comprising more than 460 units have been put up for grabs, adding to the increasingly busy local apartment sale scene.
Manchester project’s first phase nears finish line
Another batch of Manchester apartments will open this month, with another 90 units to be finished at the $18 million project by the end of the year.
As Wegmans rises, tenants line up for spot in once-stalled project
A long-dormant development site in Chesterfield County is finally taking shape with a large grocery store as its anchor, and now the entire project is almost full with other tenants following suit.