New office, retail and residential buildings with thousands of apartments are in the works across the region despite the pandemic.
Residential Real Estate
Manchester beckons: Neighborhood’s development stock rose in 2020
The Southside neighborhood saw more action and investment this year than just about any in the region.
Developers buy entire block in Scott’s Addition for $8.6M
A five-story, mixed-use building featuring 350 apartments and ground-floor retail space is planned for 2.4 acres at 1601 Roseneath Road.
Chesterfield tweaks rules for multifamily development in Route 1 design district
A zoning code amendment allows developments to be built further back from Jefferson Davis Highway, in addition to decreased balcony requirements.
Chester apartment complex buyer sells Midlothian apartments for $67M
Fairfield Residential, which sold the 296-unit Belvedere Apartments, had purchased the 22-acre property in 2008 for $43.2 million.
Two Chesterfield multifamily properties fetch a combined $53M
Correction: An earlier version of this story incorrectly reported the unit count at Broadwater Townhomes, affecting the per-door price calculation. The total sale price for the complex also has been adjusted based on additional information received after publication. Another batch of 8-figure deals has closed in Chesterfield, as the county’s multifamily market stays red-hot. Broadwater… Read more »
Real estate brokerage buys local peer, extends reach toward the Bay
Shaheen, Ruth, Martin & Fonville Real Estate purchased Select Properties of Virginia, a 21-agent brokerage with offices in Richmond and the Northern Neck.
360-unit development eyed in Innsbrook; Varina events venue hearing delayed
Dominion Realty Partners wants to build a mix of apartments and for-sale townhomes next to Dominion Energy’s operations center.
$2.8M sale of Cary Street Road home tops list of November deals
The 7,100-square-foot Georgian Revival house was the most expensive, but there were several other seven-figure deals in Richmond and Henrico.
Former councilman plans to fill in Fan lots with two 3-story, mixed-use buildings
John Conrad has owned the parking lot parcels he is redeveloping at 1505 and 1518 W. Main St. for 15 years.