A previously unknown team among the six vying to be selected for Richmond’s redevelopment project has ties to multiple pro sports venues.
Residential Real Estate
New Hydro building in Manchester flush with commercial tenants
A bike shop, an aerial dance studio and an ad firm signed leases at the seven-story apartment complex at 101 Manchester Road.
Siblings renovating apartments, adding five-story building near Regency
The 1970s-era Gateway Apartments complex was, for a time, one of the first “singles-only” rental communities in the area. It’s now set for a $16 million redevelopment.
StyleCraft Homes plans 160 townhomes beside Azalea-area post office
“We think this is going to be a continued addition to the demand that we see down in the city,” said company President Richard Kuhn.
Douglas Development joins in on wave of Broad Street building rehabs
“Our plan is to revitalize all of our assets on Broad Street,” said Douglas Asset Manager Cindy King. “It’s time to get this thing going.”
More to come at Moore’s Lake with $3M deal for site of latest phase
George Emerson and Phil Roper acquired 97 acres off Route 1, where they plan to build 500 apartments, 238 condos, 62 single-family homes and 27 townhomes.
Neighboring homes snag top two spots on priciest sales list for March
A Markel executive and a CEO of a local investment group were among the parties involved in the top deals, both of which came in above list price.
Grove Avenue infill to add townhomes across from Mary Munford Elementary
Chip Tompkins and Trib Sutton will replace a 1950s-era house with seven three-level, 2,100-square-foot townhomes.
Investment firm Blackstone pays $45M for Northside apartment complex
The James at 1415 Chamberlayne Ave. is a 10-year-old complex with 270 units, making for a per-door sale price of about $166,000.
Updated: 300-unit residential complex planned to replace Knights Inn
Five four-story buildings would house up to 274 apartments on the motel site and a parcel to the south. Thirty-nine townhomes would fill the rest of the site.