Shamin Hotels recently opened the region’s lone Sheraton-branded hotel, purchased a Hyatt Place in Chester and has started on its new Moxy Hotels by Marriott, among other endeavors.
A recent shortage of inspectors and an ongoing plan-review backlog – as well as the prospect of the proposed Navy Hill project – has prompted City Hall to begin rolling out a policy allowing third-party building inspections and reviews on a limited basis.
Led by a longtime East Coast banker, the buyer has big plans for the small rural bank.
The recent rise of apartment buildings along the southern border of Monroe Ward is set to continue, as a local group paid more than $2 million for a 0.6-acre assemblage of surface lots.
Robinson Development Group has purchased 14 acres at 4359 Sadler Road from seller Wells Fargo.
The same day project backers rolled out their latest endorsement with the promised return of minor-league hockey to Richmond, a majority of City Council called for Mayor Levar Stoney to withdraw his hotly debated Navy Hill plan, just weeks before an anticipated vote on the $1.5 billion development proposal.
Bill Goodwin’s real estate arm is in talks with the county to potentially market their neighboring holdings collectively as a large economic development site, half of which is the former Best Products headquarters property.
The Richmond region’s smallest bank has found a suitor, although details about the buyer and its intentions are scant.
Bill Goodwin’s Riverstone Properties bought the half-acre outdoor plaza at 1003 E. Cary St. in front of Two James Center, and a nearly 1-acre surface parking lot at 1017 E. Canal St.
Opposition to the layout of a planned industrial park in Hanover County has prompted the developer to amend its site plan to include two more entrances, in addition to a previously approved access across from the main entrance of a residential subdivision.