The social media giant just paid $35 million for 475 additional acres in the White Oak Tech Park, where it already operates more than 2 million square feet of data center space.
“I don’t know that there’s anything like it in Richmond, honestly,” buyer Murry Pitts said of the building’s modern-design condo. “And the rooftop is something out of New York magazine.”
“They’re really hellbent on wanting to do something with this mall,” said Verseau Bistro owner Cheryl Wittman. “Just listening to mall management and how they seem excited about the new investment firm taking over, how great would it be if the mall turned around and I’m on the ground floor of it?”
Pure Green is the latest chain to sign on at the Publix-anchored shopping center, its first location in Virginia.
The resolutions are the first procedural advances for the arena-anchored mixed-used development since county supervisors approved the project last fall.
The reductions followed complaints from developers and other applicants about slow turnaround times in permitting and inspections and costs of outsourcing reviews to third parties.
The Scott’s Addition-based company is using the new war chest to make its main product more mainstream by teaming with larger benefit providers.
The transactions followed Churchill Downs Inc.’s multibillion-dollar acquisition of Peninsula Pacific Entertainment, which reopened the New Kent County racetrack in 2019.
“The vision is that it’s the one-stop shop to any event you’re going to,” co-owner Bryon Jesse said of the much larger space.
TForce Freight is putting its Richmond headquarters at 1000 Semmes Ave. up for sale, a move that could free up eight acres of prime real estate south of the river.
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