The $50 million, 4,500-seat arena is scheduled to open in about a year and host indoor sports events and concerts.
Commercial Real Estate
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.
With Diamond District team in place, city tees up Coliseum-area RFI
Richmond’s Economic Development Authority is preparing a joint solicitation that it plans to issue with the Greater Richmond Convention Center Authority to gauge development interest in a 9-acre assemblage that includes the shuttered arena and the site of a long-sought convention center hotel.
West Coast company plans to build $300M indoor farming complex at Meadowville Technology Park
Plenty Unlimited has started site work on the first piece, a 100,000-square-foot vertical indoor farming facility for growing strawberries.
SNP to go it alone on 12-story Jackson Ward apartment tower after $6M buy
The Richmond-based developer is moving ahead after Philadelphia-based Parkway Corp. withdrew from the project and sold it the land.