Chase Bank has inked a lease for its latest spot in Hanover, while TowneBank bought its way into Short Pump.
Chase, TowneBank secure new branches
Commercial Real Estate
Trucking company buys Richmond warehouse as part of expansion
A. Duie Pyle, a 98-year-old Pennsylvania freight carrier, plans to have its new trucking-and-warehousing hubs in Richmond, Manassas and Roanoke operational by mid-April.
Councilman experiences permitting delay firsthand trying to open a gym
“I’m now paying my third month of rent, in a building that I really should have been opened in months ago,” Andreas Addison said. “For a first-time business owner investing in this type of project, it’s very discouraging.”
New plans to replace Public Safety Building show scaled-down project
Documents submitted by Capital City Partners for 500 N. 10th St. have a three-building complex with a 12-story tower – eight stories shorter than originally proposed.
Deal secures land for $7M riverfront education center
The James River Association acquired a 0.85-acre parcel at 2825 Dock St., where it’s planning to build a $7 million environmental education center.
Food hall hatches in Manchester
Hatch Local at 400-414 Hull St. is the first of its kind to open in Richmond. It features several food vendors and cocktail and coffee bars.
Capital Square, Hourigan among firms advancing in Diamond District bid
The remaining teams also include local names such as Better Housing Coalition, Spy Rock, Shamin Hotels, and out-of-town players like MAG Partners, Hoffman & Associates and Weller Development.
Developer buys former Southside Hardware building on Hull Street
SNP Properties is planning to convert its latest acquisition into 14-16 apartments and ground-floor retail space.
15-story apartment tower planned for parking lot at Grace and Foushee
An unnamed developer is looking to add height to the Monroe Ward area, where a separate project in the works has been upsized and is now designed for 16 stories.
Chesterfield picks developer for first piece of Spring Rock Green revamp
Collins Enterprises has been tapped to build a six-story, $75 million building with 300 apartments and 27,000 square feet of ground-floor commercial space.