TForce is seeking to rezone 5.5 acres of the property spanning three entire blocks to TOD-1 Transit-Oriented Nodal District to allow for up to 12 stories in height and a mix of uses.
Commercial Real Estate
Medical office buildings, commercial space included in HCA’s Hanover hospital plan
HCA eyes an 80,000-square-foot medical office building and “an outparcel with commercial or civic uses,” in addition to its proposed $233 million, 60-bed hospital on Sliding Hill Road near Ashland. It also has set aside for an additional 90 beds in the future.
Two Manchester sites totaling 3 acres up for rezoning with residential in mind
The southeastern part of Manchester continues to gather steam, as two more sites in that part of the neighborhood are being teed up for redevelopment with a TOD-1 designation.
Capital Square breaks ground on latest 3-building apartment project in Scott’s Addition
Demolition work has begun at the former N. Chasen & Son complex, where a trio of connected 7-story buildings totaling 352 apartments will become one of the largest new apartment developments in the neighborhood.
$73M and counting: VCU Health on the hook for millions more in downtown project-exit costs
The known cost for the health system to walk away from the project on the site of the city’s Public Safety Building appears to be closer to $80 million – and could end up being higher.
Another sizable project teed up near Topgolf in Westwood area of Henrico
The project on Jacque Street would add to the more than 1,000 apartments in the queue for the burgeoning Westwood area, which Henrico County has been positioning for growth in recent years.
‘It’s not their money’: Wilder calls for Rao’s dismissal, state investigation after $73M VCU Health development payout
“With this amount, how many students are robbed of attending VCU in scholarships? Most importantly, what actions are being taken to ensure that enormous wastes like these are prevented in the future?” Wilder said in Tuesday’s press conference.
New 5-story apartment building planned along Hull Street historic district in Manchester
Walter Parks, Richard Smith and Malcome Sargeant are behind the 42,000-square-foot structure that would replace a trio of derelict buildings at the corner of Hull and West 14th streets.
Update: Wilder calls for Rao’s dismissal, JLARC investigation after $73M VCU Health development payout
VCU Health revealed the payment Friday in response to a FOIA request from BizSense. The payment let the health system back out of the project and the 25-year lease it signed months into the pandemic.
Timmons to build new HQ at Spring Rock Green redevelopment
Local engineering giant Timmons Group plans to relocate its corporate headquarters to Springline at District 60, where it is donning its developer cap for the first time.