Amid a changing market for how art house and independent films are viewed, the owner of Movieland at Boulevard Square is looking to convert the complex’s Criterion Cinemas building into a new use.
Commercial Real Estate
With expanded TIF district, final Diamond District deal goes to City Council
The project’s expanded tax increment financing area includes multiple properties owned by Thalhimer Realty Partners, the local firm that’s helping lead the $2.4 billion mixed-use development.
VCU Health, after FOIA request, reveals it paid $73M to back out of unbuilt downtown development
The payment was quietly made to Project 10th Street Owner LLC, tied to Oak Street Real Estate Capital, which was handling financing for the project for developer Capital City Partners.
Development underway on $21M apartment project on Brookland Park Blvd.
The income-based apartments will rent between 40 and 60 percent of the area median income and feature green building and energy-efficiency technologies.
City vetting locations for planned slavery museum in Shockoe Bottom
The review comes two years after the city opened the door to using eminent domain to secure privately owned land for its planned Shockoe Bottom Heritage Campus.
Mayo Island lawsuit tossed out as $15M sale to city progresses
The dismissal, which came on April 10, ties up a loose end ahead of the island’s sale to the City of Richmond, which is working with the Capital Region Land Conservancy to acquire the 15-acre island and turn it into a park.
Diamond District-adjacent historic district proposed for expansion
The expansion would extend historic tax credit eligibility to several industrial properties along Hermitage Road to the south and east of the Diamond District.
Car dealership looks to roll into Mechanicsville spot once eyed for Lidl store
With a planned Lidl store off the drawing board, an auto dealership is in the works for a former church property in Mechanicsville. Atlanta-based EH Automotive Group is seeking a rezoning approval that would set the stage for a new Kia dealership at 6395 Mechanicsville Turnpike. The auto group’s COO Amr Hallaba said in an… Read more »
Portion of former Goochland golf course up for auction
There’s been yet another twist in the tale of the former Royal Virginian Golf Course, as a portion of the property is up for auction until May 10 with a starting bid of $400,000.
Fast-growing restaurant group opening Rams House in former Pies & Pints spot
It’ll be the seventh restaurant for Lindsey Food Group since its launch in 2020. Its restaurants include Lillie Pearl, several Buttermilk and Honey locations, ML Steak and Jubilee.