Snipes Properties and Spy Rock Real Estate Group are teaming on a project to satisfy the neighborhood’s growing appetite for new dining, booze and open space.
Commercial Real Estate
Erickson Living, a Maryland-based developer, is preparing to go vertical on Avery Point, a 1,400-unit project on 94 acres at 1549 Wilkes Ridge Parkway.
The settlement frees the real estate firm from any future liability related to the 2018 collapse of its construction subsidiary. It also helps to potentially free up more money to be paid to creditors.
Never Enough Books owner John King said he didn’t quite get the foot traffic he was hoping for on Broad Street.
The national real estate brokerage is enlarging its regional footprint, picking up sales efforts in two Chesterfield County neighborhoods while also reaching for the first time to Farmville.
A crowd of homebuilders, developers and real estate agents huddled inside a heated tent in the under-development River Mill community for Richmond BizSense’s third “Future Of” event.
Charlottesville-based Grit Coffee is taking over a former Sweet Frog fro-yo shop in Richmond’s West End, after vacating its downtown spot on East Grace Street this month.
“It’s something that I’ve wanted to do for a while now,” Sal Nuara said. “I’ve been working on trying to make the best burgers and hot dogs possible, and I believe that I’ve found the right mix of beef and ingredients.”
It’s the Southside auction company’s second acquisition since 2016. And a separate real estate deal adds more than 200,000 square feet to its holdings along Deepwater Terminal Road.
Henrico supervisors endorsed a proposal Tuesday evening to authorize county staff to enter into negotiations with Rebkee, which is in talks to purchase 75 acres of the struggling mall’s land.