After decades as an assisted living facility, a century-old Monroe Ward building is set to change hands – and its redevelopment may not be far behind.
Updated: Developer under contract to buy downtown assisted living facility
Commercial Real Estate
City transfers Stony Point parking lots to mall’s owners at no cost
The Economic Development Authority gave up its real estate holdings around the Southside mall because they were valued at less than $13.5 million.
Dust settles on new woodworking studio near Scott’s Addition
The Workbench RVA opened in November at 1105 N. Arthur Ashe Blvd., offering access to tools, equipment and workspace.
VCU plans $181M arts building, $44M data center on Broad Street
The 196,000-square-foot Arts and Innovation Academic Building would rise across the street from the Institute of Contemporary Art, while a new data center would go up on a nearby parking lot.
TowneBank wants to take over former BB&T branch in Short Pump
The $16 billion Hampton Roads-based bank has applied for permission to operate at 11704 W. Broad St.
Caribbean-inspired taco restaurant drops anchor in Regency mall
The 5,000-square-foot Sloop John B has opened at the West End shopping center, which is being redeveloped.
Project Snapshot: Site work starts for Carver Square condos
Existing buildings have been razed to make way for the 90-unit complex that Stanley Martin Homes is building at Lombardy and Moore streets.
Genworth campus transformation pitched to potential developers
Dubbed the Compass Town Center, the Henrico-based insurance giant seeks firms to redevelop 6620 W. Broad St. into a mix of office, retail and residential.
Developers under contract to buy downtown YMCA properties
George Emerson and Phil Roper plan to add apartments to the Y’s existing building on Franklin and its adjoining parking areas.
Mom’s Siam owners cooking up a new restaurant in Short Pump
MPM will take over the long-vacant former Carolina Ale House and Mimi’s Café building at 11275 W. Broad St. in West Broad Village.