Commercial Real Estate

Years after picking up a piece of Hull Street in Manchester, a Maryland developer is looking to go a bit bigger than initially planned. 

Presented here in its entirety, this is the full version of our in-depth report on the Diamond District saga, in which BizSense analyzed emails and court filings to learn how it came to be that two of the three firms that once led it stepped away from the $2.4B development.

A local development duo paid over $3 million for the 10-acre site, where they’re now planning a project with 68 more units than previously proposed at Walmsley and Broad Rock boulevards.

In Part 2 of our series on the Diamond District saga, with two of the three developers stepping away from the project, emails and court filings reveal how the remaining parties stepped up to the plate to get the ballpark under construction.

With a $40M lawsuit hanging over the Diamond District, BizSense analyzed emails and court filings to learn how it came to be that two of the three firms that once led it stepped away from the $2.4B development. This is Part 1 of a two-part series.

Both complexes were originally constructed by local developer Guy Blundon. The per-door price for the properties were $248,000 and $253,000.

A cloud of sadness hangs over the recent sale of a downtown building, as the group that sold it found out one of their partners had passed away just days after the deal closed. 

Though its landlord insists the lease has ended, Performance Food Group isn’t leaving its sizable Henrico warehouse without a fight.

The firm plans to break ground in mid-2025 on a 12-story Hilton with more than 270 rooms that will be built as part of the redevelopment of the former Spring Rock Green shopping center.

The 6-acre site sold for $3 million per acre and is planned for a 388-unit, 7-story apartment building next to the cinema complex.