The former Akaza Hotel property at 6531 W. Broad St. had been slated for redevelopment with two new hotels and an office building, but COVID changed plans that now call for apartments, including corporate housing units.
Commercial Real Estate
Redevelopment on ice: Chesterfield eyes hockey venue for Spring Rock Green
The dual NHL-sized rinks would be the main feature of the 100,000-square-foot sports-and-entertainment venue that would occupy the northeast corner of the site.
Shamin Hotels staves off foreclosure auction for Short Pump Hilton
The local hotelier has struck a deal with its lender to remain as owner of the Hilton Richmond Hotel & Spa and to have the property taken out of receivership.
Eck family lists 158 properties in the Fan as it exits real estate market
Many of the parcels, which include retail, multi-family residential and mixed-use buildings that line West Cary and Main streets, are under contract to be sold.
Restaurant to open in downtown’s Common House social club
Birdie’s at 305 W. Broad St. will be a coffee house during the day and a seafood joint that specializes in oysters at night.
BJ’s Wholesale Club planned for Hull Street Road site near Route 288
Rebkee bought 28 acres for $4.2 million near HHHunt’s Wescott townhomes after developing an Aldi and Dash In nearby.
Banana Republic retreats from Stony Point Fashion Park
The women’s clothing chain, which is owned by Gap, shuttered its store last week in the south Richmond mall.
Father-son team plan to raze building on Grace and put up new apartments
The space formerly home to Shawarma Shack and several other eateries over the years would be replaced by a three-story building with 21 apartments.
Coca-Cola bottling plant in Sandston completes $23M expansion
The manufacturing and distribution center at 500 Eastpark Court is bigger now and has new equipment that will increase production capabilities.
Cracker Barrel-owned breakfast chain bringing its biscuits to Short Pump
Maple Street Biscuit Co. chose a 3,400-square-foot space at 11629 W. Broad St. to be its first location in Virginia.