The buyer said it likes the challenge and opportunity of having some vacant spaces to fill with new tenants and breathe new life into the mixed-use development.
Whole Foods-anchored West Broad Village retail, commercial sections sell for $94M
Commercial Real Estate
Dominion to build city-block-sized electric vehicle charging park downtown
The site was previously planned to be home to 700 Canal Place, a sister tower that would have complemented its 600 Canal Place headquarters next door.
Ice cream workshop scoops up former downtown Subway
Sweet Wynns owner Taryn Wynn said she always envisioned a dedicated space for the company’s ice cream-making classes.
Spy Rock planning something big in Newtowne West neighborhood
The developer isn’t letting rising interest rates slow it down as it proposes a 301-unit apartment building at 900 N. Allen Ave., next to the Lowes off Broad Street.
New-to-market Royal Farms buys two more sites in Chesterfield
The competitor of Wawa and Sheetz continues its initial push into the region with land deals and plans on file for several new stores.
Trucking company plans expansion at Richmond outpost
A. Duie Pyle just opened its first local freight hub here in April and it already has a new $6 million-$7 million project in mind.
Pharma firm expands local operations with former Toys ‘R’ Us redevelopment
Massachusetts-based Thermo Fisher Scientific spent $32 million to convert the long-dormant big box retail space into a drug development research facility. The company also has two other labs downtown and elsewhere in Henrico.
Guest Commentary: Another (once and future) roadside attraction
The preservation and adaptive reuse of VUU’s Industrial Hall is one of the most important and challenging reclamation projects facing Northside Richmond.
New boutique hotel in the Fan gets council go-ahead
A Manhattan hotelier plans to convert The Shenandoah building from an assisted living complex into a 70-room hotel.
Another mystery grocer in store for Chesterfield, this time at Winterpock Crossing
The firm behind the project is also behind the planned Midlothian Depot, which also would feature a yet-identified, new-to-market grocery chain.