The evolution of Boulders Office Park as a place to live as well as work continues with another round of new apartment buildings in the works.
Residential Real Estate
The UVA standout-turned-real-estate-developer sold his 13,700-square-foot home last month for $1.68 million.
Site work has started on The Foundry, a $40 million, 200-unit complex near School Street and Brook Road, a couple blocks southeast of VUU.
As an update to Richmond’s master land-use plan continues, a separate but related effort to redefine a business zoning district found primarily in the city’s Southside is likewise moving forward, despite reservations from residents of a neighborhood on the opposite side of the river.
A D.C.-based developer can move forward with its six-story coliving concept, while a six-story apartment project from Tom Papa is putting on its finishing touches on West Marshall St.
The update would add several notable properties, the largest of which includes 115 acres straddling Richmond-Henrico Turnpike between Richmond Raceway and Azalea Avenue.
As two larger but similar projects receive scrutiny nearby, another residential infill development in the Westhampton area is wrapping up – four years after it started.
Richmond’s resident utility giant is breaking off a chunk of its holdings in Innsbrook in a move that could bring more multifamily development to the suburban office park.
A group of Richmond’s Black entrepreneurs on Wednesday reflected on how racism has created hurdles to the growth of their careers and companies in the latest installment of BizSense’s online panel discussion series.
Shopped around after an initial contract fell through, a multimillion-dollar project that’s set to add hundreds of market-rate apartments near Virginia Union University has secured the same buyer as before, a NoVA-based firm making its entry into the Richmond market.