Richmond needed a big-money sponsor to bring an NFL training camp to town, and one of the area’s largest health-care organizations had its eye on a piece of city-owned property. Those interests aligned in a deal that some are hailing as savvy economic development and others are deriding as opaque at best.
Commercial Real Estate
New topping on Julian’s menu: Apartments
A subsidiary of a Richmond-based commercial brokerage that has been gobbling up properties has nabbed the old Julian’s building at Mulberry and Broad streets, and the space above the shuttered restaurant is slated for conversion to apartments.
Arts District units get finishing touches
Two dozen apartments set to open next month are the latest sign that the East Broad Street neighborhood is turning around.
Salomonsky bets big near the Diamond
The longtime Richmond developer scored the winning bid Friday on a 137,000-square-foot industrial property on Overbrook Road.
Firm moves down the road, up in the world
Industrial design firm Tektonics is doubling its footprint in the Manchester section of Richmond.
Competing visions clash amid plans for office park
A plan to turn Innsbrook into a massive urban mixed-use development isn’t sitting well with some of the neighbors.
New Martin’s planned for Chesterfield
A South Carolina developer plans to break ground next year on a shopping center that will likely be anchored by the first new local Martin’s store since the grocery chain entered the Richmond market almost three years ago.
Cafe Diem space gets snapped up
One week after the Museum District pub went dark, two restaurant owners in the same neighborhood have signed a lease to bring it back to life.
A new joint for joint treatment
Two regional health-care organizations have opened a $25 million orthopedic and sports medicine center on Richmond’s Southside with the help of one of the area’s biggest commercial real estate developers.
Allianz needs a renter
At 900 local employees and counting, Allianz is a big company – just not big enough to fill up its new headquarters.