The IHOP franchisee also plans to open 16 Popeyes locations in the region in the next five years.
Commercial Real Estate
Entrepreneurial Patel family goes on a Church Hill acquisition spree
Their latest real estate investment was a mixed-use building at 322 N. 25th St. for $1.8 million.
Bookbinder’s owners cook up mac and cheese spinoff on Arthur Ashe Blvd.
What began as a pandemic-era pop-up will become a Scott’s Addition-based casual cousin to the longtime Shockoe Bottom steakhouse.
$13M land deal sets stage for $80M Innsbrook apartment project
The Dominion Realty Partners development is the latest in a string of apartment complexes slated for the transitioning office park in western Henrico.
1,700-acre tech park among proposed uses for Chesterfield site
The county plans to rezone the “Upper Magnolia Green” property for the tech park and a 700-acre area for single-family homes and public facilities.
Developer wants to rezone 530 acres in Varina for $2B industrial project
The company behind a Henrico industrial development that earlier this year landed Amazon as a tenant is eyeing hundreds more acres in the county. A group that includes Hillwood Development, the Texas-based firm led by Ross Perot Jr., is looking to rezone 530 acres in Varina for industrial and distribution uses. The acreage, which straddles… Read more »
Winery spinoff fermenting at Dancing Kilt Brewery in Chester
“We’ve got seltzers, which hit the gluten-free market, but some folks are really hung up on wines and ciders,” brewery owner Thomas Pakurar said. “I’m just trying to fill that need.”
Escape room operators staging next act in Carytown space
Reveler Immersive Experiences plans to open in mid-January at 3108 W. Cary St.
Airport commission plans to buy 161 acres for RIC expansion
The purchase from an entity tied to Gumenick Properties would be the first comparable addition to the airport’s footprint in two decades.
Buyers bag two grocery-anchored shopping centers
Colonial Square in Colonial Heights sold for $26.2 million and Eastgate Town Center in eastern Henrico sold for $18.2 million.