First Citizens Bank & Trust already has six retail locations in the area.
Commercial Real Estate
3001 W. Cary St. sold for $1.1 million on Aug. 18 and 3424 W. Cary St. sold for $400,000 the day before.
Ina, which sells strollers, baby carriers, clothing, gifts and toys, opened last month at 300 N. Robinson St.
Village Bank leased space at 3117 W. Marshall St. but it will close its location at 1650 Willow Lawn Drive when the new branch opens.
“City Hall is 19 stories tall. Can you imagine that next to the Fan? It just doesn’t make any sense,” said a West Grace Street resident.
The Manchester skyline is due for another new addition at the hands of a South Carolina-based firm that a few years ago tried to get in on the boom in Scott’s Addition.
The three-story, 72,000-square-foot building will eventually replace its current hub at 4510 Cox Road.
It’s the third time since the start of the pandemic that a national restaurant brand has exited the neighborhood.
The local café-and-market chain made the move to cuts costs amid the economic crisis caused by the coronavirus pandemic.
The Richmond family known for its grocery store chain and boutique hotels purchased 2008 Libbie Ave. for $1.17 million.