A local real estate agent is opening Point 5, which stocks booze-mimicking brands that make up a small but growing sector in the beverage industry.
Commercial Real Estate
VCU buys ABC site across from The Diamond for $16M
The 20-acre property was the last piece needed for the university’s planned Athletics Village, which is to take shape next to the forthcoming Diamond District development.
Cannabis dispensary sprouting in old Burger King near Southpark Mall
The Colonial Heights store will join Green Leaf Medical’s Short Pump and Carytown shops. A Midlothian store is also in the works and the company is eyeing Ashland and Scott’s Addition.
Richmond carwash boom continues
Two out-of-town chains, including one armed with a private equity war chest, have a handful of new locations in store for the region.
Nearly 3-acre Scott’s Addition assemblage sells for $10.8M
The deal comes out to $4 million per acre, the highest per-acre price the neighborhood’s ever seen. A developer is planning to build 350 apartments on the site.
Zombie Pizza opens near Forest Hill
Brains are not on the list of toppings but the Greek pizza and the Margherita are popular choices.
New apartments next for $200M expansion underway at Westminster Canterbury
The senior care facility will be adding 118 apartments. They are already 96 percent presold with 10 percent deposits, mostly to households on a waiting list.
Off-price retailer to open in former Lakeside-area Martin’s store
Gabe’s is taking over the anchor space in Brook Run Shopping Center, which was also previously home to Big Apple Neighborhood Market.
Saks Fifth Avenue downsizes at Stony Point Fashion Park
The retailer recently consolidated the sales area of its store at the South Richmond mall to the space’s first level, leaving the second floor off limits to shoppers.
Bon Secours planning clinic near Manchester for uninsured people
The $3 million clinic at 2301 Everett St. will share the building with the headquarters of social services nonprofit CARITAS and is expected to open early next year.