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 developer that turned a swath of Philip Morris-owned land on the city’s Southside into nearly 1 million square feet of prime warehouse space has unloaded the property in an eight-figure deal.
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 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.
The building, which has sat vacant since June, would be the fourth outpost Chase is eyeing for its initial retail push in the region.
Following weeks of work sessions, months of town hall meetings and hearings, and years of talk surrounding the project, Richmond City Council members can now see a light at the end of the Navy Hill tunnel.
Founder Kendra Feather last week sold the two-decade-old vegetarian restaurant to Seth Campbell, a UVA alum and first-time business owner.
The company’s investment arm purchased the Wesco Distribution property at 2902 N. Arthur Ashe Blvd. next to the Greyhound station. It will remain as a warehouse for now, but redevelopment isn’t being ruled out.
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