A development firm is continuing to grow its Church Hill portfolio with plans for a new commercial space, as well as a few residential units.
Commercial Real Estate
Builder begins work on new downtown digs
A commercial construction firm is building out a space for itself downtown as it readies to leave its longtime West End office.
Trio of projects transforming Short Pump
With work getting started on three large developments near Short Pump Town Center, West Broad Street is set to be flooded with 790,000 square feet of commercial space and more than 800 residential units in the next few years.
Developers plan $24M Shockoe Bottom project
Four developers have teamed up to bring another 160 apartments to Shockoe Bottom, and they’re hoping to break ground by the end of the year.
Jackson Ward nonprofit preps for new tenant
A large nonprofit is working on rezoning its Jackson Ward office, and the organization has said that one of the area’s major health systems is eyeing its extra space.
GRTC seeks buyer for bus depot
The mural-covered old bus depot just outside the Fan and Carytown has been sitting vacant for about five years. Now, the GRTC has put out a call for proposals to redevelop the 7-acre site.
Martin’s shutting down Henrico store
A Staples Mill Road shopping center is losing its anchor tenant as Martin’s prepares to close up its 34,000-square-foot location.
Unfinished 700-acre project faces auction
More than 700 acres in New Kent County, slated for a massive residential development before the recession, are approaching an auction later this year if the owner doesn’t pay delinquent real estate taxes.
Q&A: Redeeming the Jefferson empire
After coming out on top of a complicated auction with a $37 million bid, a Boston firm is about to start upgrading the real estate portfolio of Billy Jefferson. Quentin Reynolds, a Richmond native and the Davis Cos.’ managing director, filled BizSense in on some of the details.
Manchester’s 150-unit project wrapping up
The first residents will be moving into Manchester’s 150 newest apartments this summer, along with a local cafe chain.