Richmond-based Franklin Development Group wants to turn an old industrial building at 3200 W. Clay St. into 131 apartments.
Big plans for one block
Commercial Real Estate
Altria to consolidate offices
The parent of Philip Morris will relocate most of the employees from the WestMark One office building.
High-end apartments slated for West Broad
City & Guilds filed a special use permit for a four-story building with retail space on the first floor.
Combining revenue streams
A local commercial real estate management firm has bought its way into the hotel management business.
‘Compromise was achieved’
A student housing development that prompted significant community input is set to break ground.
The Pipeline: Commercial Real Estate Roundup for 1.27.12
Lots of small sales this week, including a developer who bought a riverfront parcel on Hull Street in Manchester.
Developer plans to raise the roof next to nightclub
A parking lot next to Shockoe Bottom’s most notorious nightclub is getting a $22 million makeover.
Richmond developers bet big on small town
A local investment group that includes some longtime Richmond developers is planning a $28 million hotel project in Staunton, and the project is named after one of Virginia’s early architects.
Developers bank on skyscraper rehab
The First National Bank building downtown and its neighbor are being converted into 154 apartments as part of a $30 million project.
Two signs out front: ‘Vacancy’ and ‘Sold’
An out-of-state investor hopes to turn around a distressed Mechanicsville shopping center for which he paid less than half the assessed value.
