The owner of Kultivate Wellness said even if marijuana is legalized, there will be a market for CBD oil, because there are “people who will want the medicinal benefits without the high.”
Commercial Real Estate
Former councilman plans to fill in Fan lots with two 3-story, mixed-use buildings
John Conrad has owned the parking lot parcels he is redeveloping at 1505 and 1518 W. Main St. for 15 years.
With an arena planned in Henrico, what’s next for the Coliseum?
The arena-anchored GreenCity project raises new questions about the shuttered Coliseum, which has been attracting homeless encampments.
Thalhimer sells downtown lot for $2.5M to make way for 15-story apartment tower
Chicago-based developer Pinecrest is planning to build student housing with 171 units at 321 W. Grace St. near VCU.
Gather opens new Midlothian coworking space with room for 400 members
The three-floor office features flexible floor plans that can be carved up into custom suites for company groups of up to 50 people.
Mosaic Catering adds event venue to menu with $2.1M buy on Cutshaw Avenue
The 9,500-square-foot Art Deco-style building, formerly home to Movement Church, will be converted into a dedicated event space with a rooftop area.
Pizza joint Mommiana’s Dough rises in former Lickinghole spot in Shockoe
With pies topped with shrimp and grits and jerk chicken, co-owner Ashley Ramsey said the eatery is looking to add a Southern influence to pizza.
$2.3B arena-anchored development planned for Best Products site in Henrico
The city of Richmond’s loss could turn out to be Henrico County’s gain as the development team behind the failed Navy Hill proposal is now planning a comparable project in the county.
Shamin sells Mutual Building for $13M to local buyers for apartment conversion
The local hotelier paid $3.2 million for the 13-story office tower six years ago, with plans to turn it into a hotel.
Medical cannabis operator opens first Richmond region facility to patients
Since opening Friday, the Manchester dispensary has seen around 1,200 customers come through its doors.