After World War I, Richmond’s manufacturing and business operations crept west from downtown.
Residential Real Estate
Real estate brokerage expands footprint with Libbie-Grove outpost
River City Elite Properties, led by owner and principal broker Susan Stynes, is setting up shop at 312 Libbie Ave.
Construction to start on Westchester Commons townhomes after $4M deal
Called The Edge at Westchester Commons, the 65-unit project will add to other nearby rooftops in the works including HHHunt’s 334-acre Aire at Westchester.
Thalhimer plans seven-story apartment project across from The Diamond
It’s the firm’s second sizable mixed-use project in the works within the vicinity of the Diamond District redevelopment site, for which Thalhimer is vying as one of the city’s three RFP finalists.
1880s-era Bon Air house listed for sale after seven-year rehab
“We’re not sure if it’s the oldest or the second-oldest home in Bon Air,” said owner Jim Courtney, who bought the property in foreclosure in 2015.
Nearly 3-acre Scott’s Addition assemblage sells for $10.8M
The deal comes out to $4 million per acre, the highest per-acre price the neighborhood’s ever seen. A developer is planning to build 350 apartments on the site.
New apartments next for $200M expansion underway at Westminster Canterbury
The senior care facility will be adding 118 apartments. They are already 96 percent presold with 10 percent deposits, mostly to households on a waiting list.
Work starts on $23M apartment conversion of former nursing home site
Richmond and Henrico County set the stage for the 86-unit project three years ago, when they approved up to 105 units.
Thalhimer Realty Partners keeps deals flowing amid Diamond District pitch
The company in recent weeks sold a mixed-use complex near VCU, bought land in Petersburg and began demolition on the old Wesco site on Arthur Ashe Boulevard.
May home sales led by two $3M deals, including 19th century riverside estate
The top sale was a multiparcel purchase that included Mt. Bernard, while the second was a home that had been owned by Stanley and Dorothy Pauley.