Dubbed The Maverick, the development would span two 5-story buildings and rise on a 3.25-acre vacant lot across from Mexican restaurant Abuelita’s.
Commercial Real Estate
Developer Spy Rock drops nearly $8M for site near Sauer Center
The firm paid $2.1 million per acre for the property, where it’s planning a five-story, 300-unit apartment building.
3-2 vote advances planned industrial buildings near ‘Project Rocky’ site
The split vote came just weeks after officials announced that Goochland had won the remaining funding it needed for a new diverging diamond-style interchange near the site.
New Henrico location to join fleet of future local Royal Farms stores
Not to be outdone by the ongoing Richmond-area expansions of competitors Wawa and Sheetz, Royal Farms has found the site for its next local store.
Diamond District developer unloads Henrico apartment complex for $34M
The sale to RailField Partners is the fifth time that the Millspring Commons complex at Hungary Spring and Staples Mill roads has changed hands in the past nine years.
Walmart to shutter Northside grocery store; Christmas Tree Shops to close in Henrico
Two local big-box retail buildings are about to go dark as the two national retailers shutter locations in Northside and western Henrico.
Elevator company slides into old E. McLauchlan & Sons building in Shockoe Bottom
As one longtime industrial tenant punches out of Shockoe Bottom, another is clocking in.
Sauer Properties planning to add apartments to Midlothian shopping center
After losing the namesake retailer at one of its local shopping centers, is turning to residential redevelopment as a means to inject new life into the property.
Manchester site once eyed for a grocery store goes back on the market
After marketing the site for a mixed-use development that he’d hoped would bring a grocery store to Manchester, a local construction industry veteran is putting his prime Southside parcel back up for grabs.
Surgery provider MedRVA gets state approval for new $15M center in Chesterfield
The center will occupy 18,000 square feet in the Ironbridge Commons building and feature a general-purpose operating room and a specialty operating room dedicated to eye surgery.