A group of developers included D.C.-based Level 2 is planning 375 apartments for the 6-acre site, for which they paid $2.6 million per acre.
Commercial Real Estate
Tech park near Moseley, redevelopment of Rockwood shopping center advance
The Chesterfield Planning Commission gave the nod to a proposed technology park near Moseley on Tuesday, as well as advancing a request to rezone a shopping center and adjacent golf park for a residential redevelopment project pitched by Stanley Martin Homes. Both projects will need final approval from the Board of Supervisors, which will vote… Read more »
Richmond group opens $8M RV park and marina in Charles City
Folks in Charles City weren’t sure what to make of National Land Lease Capital, when the Richmond-based firm came knocking at the rural county three years ago with a plan for a multimillion-dollar RV resort along the Chickahominy River. The group, led by Yogi Singh, had an idea to rezone the old Blue Heron Marina… Read more »
Rockwood shopping center and golf park could be replaced with hundreds of residential units
Chesterfield County’s long-range plan to transform the aging Rockwood retail corridor is about to get a kick-off from a Reston-based builder with a busy Richmond-area pipeline.
N.Y. developer MAG Partners co-leads team pitching for Diamond District project
“The only way to really know how to do it is to have done it,” said MAG’s MaryAnne Gilmartin, whose development credits include Brooklyn’s Barclays Center arena and a surrounding mixed-use development.
Q&A with Maritza Pechin, Diamond District project manager
“I worked a lot on that master plan, and I wanted to be able to see something come out of it,” said Pechin, who made the unusual move from the private sector to City Hall after similarly guiding the Richmond 300 master plan update.
Dominion issues RFP for previously imploded downtown site
The utility giant wouldn’t comment on what potential use might be in mind for the 2-acre plot at 701 E. Cary St., or how exactly the company would be involved in any potential project.
Proposed tech park near Moseley heads to Chesterfield Planning Commission
The county-initiated proposal would rezone a total of around 2,400 acres, teeing up a technology park on the bulk of the land as well as hundreds of homes and several public facilities on the so-called “Upper Magnolia Green” property.
Local sports bar chain Wood & Iron makes first foray into Short Pump
The owners, two Midlothian natives, signed a lease to open a third location at 12120 W. Broad St. in West Broad Marketplace.
Details emerge about Diamond District contender led by Machete Group
A previously unknown team among the six vying to be selected for Richmond’s redevelopment project has ties to multiple pro sports venues.