Georgia-based U.S. Cabinet Depot has signed on for nearly 195,000 square feet in the second phase of North Richmond Industrial Park, a 75-acre park near Ashland’s southern boundary.
Stanley Martin Homes recently purchased 4.3 acres at West Village, the 12-acre, $50 million development at the northwest corner of Broad Street and Gayton Road, where it’s approved to build the two-over-two units.
The move to Two James Center will give the Boston-based firm and its 60 local employees more space as it also looks for more cohesion between its Richmond and Hampton Roads operations.
Two things are clear: the discussions between Chesterfield and Competitive Racing are still ongoing; and the rival development team that got passed over for the project still wants to be the one to bring it across the finish line.
It’s one of two major housing developments Nashville-based Elmington is pursuing in Richmond and and, if approved, would be one of the highest-density lower income projects in the city in recent years.
The five-story hotel, which will be operated by Texas-based Aimbridge Hospitality, is anticipated to be the first of two hotels at the massive lake-anchored development,
Ceremonies Thursday on opposite ends of Henrico marked the start of home sales at the massive Landmark development near Sandston and construction of the solar-powered Helios Apartments near Northside.
The five-story, 279-unit building is set to rise along Telegraph Road southeast of the transforming Virginia Center Commons site.
The company’s expansion in the Highwoods Three building on Cox Road is driven largely by the rollout of a new outdoor security service.
“Investing in Petersburg has not always been the most easy story to tell. It takes a long time to get this momentum,” said Dave McCormack.
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