Two months after a pair of multifamily properties south of Richmond both sold to out-of-town buyers, another sizable rental community has been snatched up.
Commercial Real Estate
After nearly a decade of fits and starts, plans for the so-called Outlets in Richmond have been officially scrapped.
The locally based team behind a pair of high-profile developments along the downtown canal is looking at a parking lot near Stuart Circle for its next project.
A local investment banker has made a real estate play downtown, snatching up a long-abandoned building that housed a former health food store.
A months-long effort to revise city zoning to allow for more density in and around the neighborhood has received final approval from Richmond City Council.
The $13 million sale of the former Media General HQ has resulted in a lawsuit from a Richmond commercial real estate firm that says it is owed compensation from the media company’s acquirer.
The owner of Carytown Cupcakes is planning a bar for a storefront next to the confectionary that soon will be left vacant by Carey Burke Carpets.
A new eatery and an established local juice maker have signed on for a proposed mixed-use development that recently received the endorsement of the Richmond Planning Commission.
The Maryland company behind a planned conversion of the former Ramada Inn disputes claims from a lawsuit by a Shockoe Slip firm that it is owed upwards of $150,000 for services related to the project.
A new player to the region is doubling down on its metro Richmond investment while a local development firm is buying into the area around the former WestMark complex.