The 2-acre plot spans the entire city block bound by Maury, East Third, Everett and East Fourth streets. It’s in a part of southeastern Manchester that’s starting to draw more development interest.
The multi-phased development could ultimately consist of 1,000 multifamily residential units, along with a mix of retail, restaurant, office and hotel uses on the nearly 20-acre site that’s home to Ukrop’s Homestyle Foods.
The neighborhood continues its streak as the local hotspot for new bank branches, this time with a $26 billion bank looking to set up shop along Broad Street.
The five-story building on the north side of Libbie Lake would bring the development close to its approved capacity of 1,096 apartments.
The 25,000-square-foot center is planned to feature eight indoor pickleball courts next to Dick’s Sporting Goods and near Chesterfield Towne Center.
A six-story mixed-use building would replace the “run-down, underutilized buildings” spread across six parcels near Lombardy intersections with Overbrook Road, Seminary Avenue and Chamberlayne Avenue.
Newmark’s move into Richmond follows that of national peer Lee & Associates, which expanded here last year.
The company plans to shutter its facility at 6601 S. Laburnum Ave., along with a similar warehouse in Northern Virginia, also affecting dozens more employees.
A focus will be design work associated with a proposed extension of Powhite Parkway, considered key to the development of the planned 1,700-acre technology park.
The Coran Capshaw-led group behind the $27 million project has pushed back its target opening date by a year. It’s now aiming for a spring 2025 opening.
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