Weeks after resolving its dispute with a local developer that had put the property in legal limbo, the housing nonprofit is moving forward with efforts to gauge the market for a prime piece of real estate.
Commercial Real Estate
Contractor, architect in place for James Center revamp
One of the largest office complexes in downtown Richmond is ready for its makeover.
MGT Construction files bankruptcy
Several months after a lawsuit brought to light an alleged accounting scheme and claimed it had become a “cash drain,” the construction arm of local real estate firm Thalhimer has been put into bankruptcy.
Two Manchester firms make way for D.C. group’s land play
A pair of businesses is ditching their longtime digs as a team of investors already familiar with the area is swooping in to take over the property.
Shuttered Manchester storefronts net new owners
A defunct bookstore and former hardware shop soon will be redeveloped along a stretch of Hull Street that continues to attract new investment.
Farrell’s group is lone respondent to Coliseum RFP
The closing of a 90-day window for proposals to replace the aging arena and redevelop surrounding blocks downtown came and went with a single respondent submitting a plan.
VCU buys nightclub building for $3.5M
A property that for years housed a club venue in the heart of VCU is now in the university’s grasp.
Redevelopment in store for Maggie Walker’s bank building
The structure that served as the epicenter of business for one of Richmond’s most famous entrepreneurs is set to begin a new chapter as a mixed-use anchor.
Rehabbed First National Bank building tests the market
Its Northern Virginia owner has put the old downtown bank building-turned-apartment tower up for grabs.
Stuart Circle complex sells for $12M
A New York developer is making an eight-figure first impression in Richmond with the purchase of an apartment building – doorman included.