Richmond’s Economic Development Authority is preparing a joint solicitation that it plans to issue with the Greater Richmond Convention Center Authority to gauge development interest in a 9-acre assemblage that includes the shuttered arena and the site of a long-sought convention center hotel.
Commercial Real Estate
West Coast company plans to build $300M indoor farming complex at Meadowville Technology Park
Plenty Unlimited has started site work on the first piece, a 100,000-square-foot vertical indoor farming facility for growing strawberries.
SNP to go it alone on 12-story Jackson Ward apartment tower after $6M buy
The Richmond-based developer is moving ahead after Philadelphia-based Parkway Corp. withdrew from the project and sold it the land.
Diamond District redevelopment cost pegged at $2.4B
“The redevelopment of the Diamond District site is intended to be financially self-sustaining, meaning that the new development in the Diamond District will generate enough tax revenue to pay debt service for Community Development Authority bond financing,” new city documents state.
Chicken Fiesta on the move again with new restaurant in Chester
Owner Harold Vega found another vacant fast food building for what will be his seventh location.
Tequila & Deadlifts owner expanding gym offerings in the Fan
The Reposado Room is dedicated to yoga, pilates and other group exercise activities, and is owner Kerith Rae’s third fitness concept in the same building.
Two Richmond-area firms trade downtown’s Berkeley Hotel for $6M
Kalyan Hospitality bought the 55-room Shockoe Slip hotel from Apple Hospitality REIT.
Chesterfield sets stage for commercial development at county airport
A conceptual plan shows a hotel, coffee shop, restaurant, gas station, bank and office space for the 20-acre site. But the county must first get approval from the FAA.
Insurance giant Humana to bring new primary care concept to Henrico
The company is rolling out its CenterWell Senior Primary Care brand nationwide. The spot near White Oak Village will be its first of six clinics in Virginia to be opened in 2023.
Developers tweak two-tower plan to preserve more of Legend’s view
The changes include shifting one of the apartment towers 81 feet to the east and 20 feet closer to the river, while adding height and decreasing length on the other, all to maintain more of the brewery’s riverfront view.