The retail pivoting has worked thus far, and the company has been able to break even without resorting to layoffs or pay cuts.
Commercial Real Estate
Developer changes location of planned business incubator at center of city dispute
LaMar Dixon isn’t giving up on his long-promised business incubator, even if the building it was planned for remains in legal limbo. The local real estate agent and principal of Dixon/Lee Development Group is preparing to open Capital Station, an incubator for first-time entrepreneurs, at 1322 W. Broad St. The VCU-area storefront is about a… Read more »
Missed opportunity for PPP funds doomed Nota Bene restaurant
COVID-19 has cut revenue and the owner said she couldn’t sustain the business without financial aid as the pandemic lingers.
PartnerMD expands membership-based medical practice to GreenGate
The 6,000-square-foot Short Pump office, the primary care company’s seventh location, has 14 employees.
Carytown site that had been planned for a Residence Inn has new owner
An entity tied to local HVAC firm Woodfin purchased the property Nov. 18 for $3.5 million but said it doesn’t have any immediate plans to redevelop it.
Altria Theater using COVID-19 downtime for new round of renovations
With no reopening in sight, the 94-year-old theater at 6 North Laurel St. is getting a new coat of paint and upgrades to its HVAC system.
Buyer may have something big in store for Bow Tie Cinemas site in Richmond
Sources say an out-of-town firm is willing to pay more than $30 million for the 17-acre property and is likely planning a casino development.
360-unit development eyed in Innsbrook; Varina events venue hearing delayed
Dominion Realty Partners wants to build a mix of apartments and for-sale townhomes next to Dominion Energy’s operations center.
New Mexican restaurant Pancho’s takes over former Annex space in the Fan
Pancho’s Cantina & Grill at 1919 W. Main St. will feature two dozen flavors of margaritas, all made with fresh fruit.
Northside Gourmet Market opens in Barton Heights; draws interest from Southside developers
Building owners in Manchester want a shop similar to the upscale neighborhood market that opened in November in Barton Heights.