The sales in Midlothian and the Twin Hickory area are at least the fourth shuttered local branches to be sold off by Truist Bank in the last two months.
Commercial Real Estate
Vote scheduled on land-use plan for area around River City Sportsplex
The proposed Genito/288 Special Focus Area Plan would guide development and county policies for a 659-acre area.
20-story apartment tower, 6-story office building planned for Southern States silos site
Upon demolishing the old silos later this year, Hourigan Development is planning to construct what will be among the tallest residential buildings to be built in the city in recent years.
Henrico County event center taking shape, second Shamin hotel floated at Virginia Center Commons
The $50 million, 4,500-seat arena is scheduled to open in about a year and host indoor sports events and concerts.
Jazz cafe and restaurant taking over former Spoonbread space in the Fan
Mike’s Jazz Cafe is expected to open in November at 2526 Floyd Ave.
Carytown’s Bits + Pixels and Rocket Fizz to close down this month
The used video game shop and the candy and soda chain will end their respective 14- and seven-year runs in the neighborhood at the end of September.
New Waffle House to take shape just south of Short Pump
The Georgia-based diner chain has owned the half-acre plot near the corner of Church Road and John Rolfe Parkway since 2017.
National commercial real estate firm Lee & Associates begins building Richmond presence
The brokerage is starting with a small group based in D.C., including a Richmond native and UVA alum, with a plan to eventually have a team on the ground and a formal local office.
Innsbrook firm cashes out on early COVID-era office deal
“We had a business plan and weren’t afraid to change it when the facts on the ground didn’t go in accordance with what we thought we were going to get,” said John Levy on his firm’s recent $37 million deal.
Developer known for Whole Foods-anchored projects plans $175M mixed-use center in Midlothian
Midlothian Depot would include an undisclosed grocery anchor, 350 apartments and additional commercial space at the corner of Midlothian Turnpike and Alverser Drive.