“We are a team of Richmonders and we remain deeply committed to the success of our city,” said Casey Tischer of Vision300.
Residential Real Estate
Model Tobacco developer fires back in investor lawsuit
Chris Harrison has denied claims of fraud and money laundering and countersued two of the project’s investors, all while working to finalize a deal with the City of Petersburg to sell back the controversial old Ramada Inn property.
7-story apartment project to replace office buildings east of Willow Lawn
A mystery developer is under contract to buy the 1-acre site for a development that will utilize the area’s TOD-1 zoning.
28-home infill in the works at John Rolfe Parkway and Pump Road
A dozen acres of undeveloped land left over from Henrico’s realignment of a major intersection was declared surplus and sold to a developer for $525,000.
$323M ‘The Lake’ in Chesterfield considered for 8-figure county grant
A performance agreement for a 105-acre mixed-use development with 250,000 square feet of commercial and office space and up to 1,190 residential units would provide about $28 million in incentives.
Apartment portfolio in Fan, Museum District sells for second time in 4 years
Formerly owned by disgraced landlord Billy Jefferson, the 19-building, 207-unit assemblage sold for $31 million in 2018 and just sold again for nearly $41 million.
Investor pads Petersburg portfolio with $3M building buy
The deal marks the second time in the last year Gagan Marwaha bought a building in the city from Tom Wilkinson.
Diamond District developer selection looms as talks with finalists continue
“It’s just a whole different ballgame that is being played here in the city,” Councilmember Stephanie Lynch said in response to comments from colleagues on past economic development efforts.
Boarded-up Church Hill building to be replaced with mixed-use project
Developer Josh Bilder is getting back in the game at the intersection of East Clay Street and Jefferson Avenue.
Innsbrook-based firm pays $89M for Short Pump apartment complex
In addition to buying the 350-unit Trails at Short Pump for $255,000 per door, Henrico’s Capital Square also broke ground on a high-end hotel out of town.