The firm already is planning an 8-story apartment building at 219 W. Broad St. and just bought the former Richmond Camera building a few doors down and another a block over on Grace Street.
Commercial Real Estate
Unanimous council vote approves Diamond District development plan
While a needed seven-vote majority seemed to be secured going into Monday’s meeting, the vote was uncertain and displayed a coming together among councilmembers who have been divided on past proposals.
Mystery grocer, HomeGoods to join Shake Shack at revamped Willow Place
An unidentified grocery store has signed on at the shopping center just west of Willow Lawn and it’s set to occupy 43,000 square feet, the same size as another unnamed grocery anchor that’s planned in Midlothian.
New landlord makes its mark on Westwood Avenue building cluster
“We’re giving them back some luster,” Frank Cava said of the commercial buildings. “Some folks had brought up the idea to us to change the names of them, but these are historic buildings. It’s time to bring them back to life.”
‘North End’ Innsbrook site sells to New England developer for $23M
Highwoods Properties sold the bulk of the 34-acre assemblage to developer Northland, which envisions apartments, condos, retail space and a hotel. Highwoods is still planning office space for its remaining portion of the site.
Downtown’s Wytestone Plaza office building to be converted into apartments
The 17-story, 1960s-era building is now eligible for historic tax credits, giving owner The Vakos Cos. an opening turn it into 300 apartments.
Truist unloads more former SunTrust branches in Henrico, Chesterfield
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.
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.