With a previous plan for a taller bank-anchored tower scrapped, a local development team is shifting to a new project to continue what it started with its downtown Locks development.
Commercial Real Estate
Busy Brookland Park developer lands another retail storefront
It’s the ninth property Cory Weiner has purchased in the changing Northside neighborhood, in which he’s invested around $500,000 for acquisitions.
Hotelier eyes Centerville farmland for commercial development
A tract of wide-open Goochland County acreage previously zoned for retail development is in the hands of a new owner.
Former Thalhimer manager sues company execs, claims accounting scheme at construction arm
A disgruntled veteran Richmond real estate broker is suing the top brass at his former firm, accusing them of self-dealing and using the company’s employee stock ownership plan as a “tax-free cash warehouse.”
Former HDL headquarters sells for $92M
In the second-largest deal this year in the city, a Chicago real estate firm has acquired a downtown compound built for the notorious former blood-testing company.
NYC transplant launching downtown coworking space
The coworking trend is popping up in Richmond once again, this time with a concept that’s catering largely toward women.
Chester data center sold for $44M
With work on one of the region’s largest data centers underway in Henrico, a smaller data facility on the southern end of metro Richmond has changed hands in an eight-figure deal.
Bankrupt Manchester church finds buyer for its properties
Besting a local developer, a Midlothian church is now the frontrunner to score a portfolio of Manchester real estate, including the 44,000-square-foot sanctuary of Richmond Christian Center.
Race is on to redevelop aging Richmond Coliseum
A group of influential local businessmen may have some competition in their quest to build a new downtown arena and revitalize surrounding acreage.
Scott’s Addition momentum spurs another development deal
Two of Richmond’s up-and-coming developers are joining forces to convert a longtime Summit Avenue manufacturing facility.