The buyer focuses on redeveloping old office buildings that are on the National Register of Historic Places.
The One Bed and Breakfast at the corner of Main Street and North Arthur Ashe Boulevard sold for more than $1 million and will reopen after renovations as The Boulevard Inn.
Johnny Giavos said his group will open the Continental Manchester, as well as a small market, likely a Stella’s Grocery, in the City View Marketplace development.
A proposed bill in the General Assembly that would allow a portion of state tax revenues to go toward the proposed Navy Hill project would significantly reduce the amount of downtown real estate needed to pay off bonds for a new arena, according to the developer.
As it prepares to begin production, Richmond’s first medical cannabis production plant has been sold to a REIT that focuses on cannabis-related real estate.
As it looks to the future with an ambitious growth plan, a local digital marketing agency is moving up out of Shockoe Slip to anchor the commercial section of a new mixed-use development just off Arthur Ashe Boulevard.
After its first attempt to get into the Richmond market fell flat, the Canadian chain of axe-throwing bars is back with a location next to Strangeways Brewing and across from Circuit Arcade Bar.
While a proposed redevelopment of the Richmond Coliseum and adjacent downtown area has dominated headlines in recent years, city leaders appear also to be turning their attention back to the Diamond-anchored 60-acre site along Arthur Ashe Boulevard.
While state legislators weigh a bill that could reshape the project’s public-funding structure, the developers behind the proposed Navy Hill development have lined up a large office tenant for one of its planned buildings.
A longtime player in the City of Richmond’s economic development department is moving on.