The neighborhood continues its streak as the local hotspot for new bank branches, this time with a $26 billion bank looking to set up shop along Broad Street.
Pennsylvania bank latest to bring branch to Scott’s Addition
Commercial Real Estate
Third apartment building at Libbie Mill to add nearly 400 units
The five-story building on the north side of Libbie Lake would bring the development close to its approved capacity of 1,096 apartments.
Indoor pickleball facility Bangers and Dinks in the works in Chesterfield
The 25,000-square-foot center is planned to feature eight indoor pickleball courts next to Dick’s Sporting Goods and near Chesterfield Towne Center.
NoVa developer looks to transform stretch of North Lombardy
A six-story mixed-use building would replace the “run-down, underutilized buildings” spread across six parcels near Lombardy intersections with Overbrook Road, Seminary Avenue and Chamberlayne Avenue.
National brokerage Newmark lures Colliers trio to break into Richmond market
Newmark’s move into Richmond follows that of national peer Lee & Associates, which expanded here last year.
DHL subsidiary to lay off dozens and shut down warehouse in Henrico County
The company plans to shutter its facility at 6601 S. Laburnum Ave., along with a similar warehouse in Northern Virginia, also affecting dozens more employees.
Chesterfield to use $25M state grant to lay groundwork for Upper Magnolia tech park
A focus will be design work associated with a proposed extension of Powhite Parkway, considered key to the development of the planned 1,700-acre technology park.
Riverfront amphitheater target date pushed back a year as prep work continues
The Coran Capshaw-led group behind the $27 million project has pushed back its target opening date by a year. It’s now aiming for a spring 2025 opening.
Project Snapshot: $28M Belleville Apartments rising in Scott’s Addition
Highly visible from the I-195 expressway, the six-story building is rising a block north of the interstate’s northbound off-ramp into Scott’s Addition.
Henrico forms financing authority for arena-anchored GreenCity
The CDA, or community development authority, is the fourth in the county’s history. Its members include execs with local Fortune 500s and a retired county attorney.