After it was cut from consideration for the Diamond District last year, the developer of The Wharf in D.C. is back again in Richmond with plans for another large project.
D.C. developer Hoffman planning $133M mixed-use project in Scott’s Addition
Commercial Real Estate
Local shopping centers anchored by Wegmans, Aldi, Fresh Market and Walmart sell for combined $110M
Four years after a local family sold them off to a Northern Virginia buyer, a quartet of grocery-anchored shopping centers in the region are once again under new ownership.
Dominion to sell downtown city block after scrapping plans for ‘clean energy park’
A full city block in downtown Richmond may be developed after all, as Dominion Energy has changed course yet again for the vacant lot it owns next to its headquarters.
Model Tobacco lawsuit dismissed after developer settles with investors
The year-old suit accused developer Chris Harrison of committing fraud and money laundering in an effort to wrest control of the South Richmond redevelopment, which has since opened its first phase of apartments.
Die Teufel Club building in Jackson Ward finds a buyer
It’s unclear what the future holds for the space and the club, which was founded in Jackson Ward in the 1930s during segregation and gained popularity as the only social club in town at the time that welcomed black men and women.
Varina swimming hole Hadad’s Lake hits the market
“There really isn’t much like it,” said co-owner Dorian Hadad. “It’s funny because even though we’ve been there for a lot of years, a lot of people don’t know we exist.”
City Center contenders present competing visions for Coliseum-area redevelopment
The city released one-pagers from each of the four finalists that list their team rosters and include site plans and renderings. Local firms on the teams include Bank Street Advisors, Baskervill, Capital Square, Hourigan and Shamin Hotels.
Dodson plugs in as new landlord of The Circuit in Scott’s Addition
It’s the latest deal for Duke Dodson’s firm, which has been increasingly active in real estate acquisition and development since getting out of the property management business last summer.
Commercial truck dealership eyed for site near Ashland, next to planned HCA hospital
The dealership would house two buildings totaling more than 65,000 square feet on 32 acres next to the site where HCA is planning a $233 million hospital complex.
Under shareholder scrutiny, local real estate firm adds new outside director to its board
Bowing to pressure from outspoken investors, Medalist Diversified REIT added one of its largest shareholders to its board of directors. Calls for a new CEO are still circulating.