Guy Blundon and Mark Purcell are behind the $75 million project, which would feature two towers connected by a sky bridge that will double as the neighborhood’s newest event space.
Site work has begun for 250 apartments and a Courtyard by Marriott hotel along West Broad Street. Spy Rock Real Estate leads the development.
The combined banks would have 71 branches in the Richmond market when the deal closes as expected later this week. It remains to be seen how many of those will be consolidated.
This week’s foreclosures include the top sale of a $450,000 home in Chesterfield. To get the list every week, become a BizSense Pro member.
The space at the corner of West Cary and South Shields streets had been home to Woody’s Inn restaurant, but has been vacant for years.
The century-old, relocated mansion tied to members of one of the namesake families of a local Fortune 500 is the latest house to hit the market along a pricy stretch of Cary Street Road.
A $74 million sale of apartment properties in Henrico heads up this week’s list. BizPro members get full access.
The future of the 1.3-acre outparcel on the former Cloverleaf Mall site remains unknown. The bank leases the property and it is owned by a group out of North Carolina.
The wood flooring retailer claimed Cabinets To Go, run by former Lumber Liquidators CEO Thomas Sullivan, was wrongfully competing against it and sought $10 million in damages.
The school’s move will free up the YWCA to carry out a nearly $6 million renovation of its downtown facility at 6 N. Fifth St.