He wasn’t in the market to buy a new home. But when the ski lodge-like house he’d been admiring for years came up for sale this fall, Clayton Gits said he knew it was an opportunity he couldn’t pass up. The head of local real estate brokerage Mission Realty is the new owner of the… Read more »
Residential Real Estate
Chester apartment complex sells for $33M — $8M more than it sold for in 2017
The 266-unit Courthouse Green Townhomes complex at 6417 Statute St. has been changing hands every three years or so.
$2.3B arena-anchored development planned for Best Products site in Henrico
The city of Richmond’s loss could turn out to be Henrico County’s gain as the development team behind the failed Navy Hill proposal is now planning a comparable project in the county.
Shamin sells Mutual Building for $13M to local buyers for apartment conversion
The local hotelier paid $3.2 million for the 13-story office tower six years ago, with plans to turn it into a hotel.
Manchester may, at long last, be getting a grocery store
The developer of a planned high-rise said the neighborhood might have reached the elusive density threshold to attract a big retailer.
Gammino secures site for Jackson Ward development with $3M deal
Plans call for a five-story, 60-unit apartment building to rise in place of a parking lot at the corner of Leigh and Second streets.
85 apartments planned for half-acre Hull Street plot in Manchester
Editor’s note: This post has been updated to include additional information from development plans that was received after the story was published. With plans already in the works for two dozen apartments on the next block, a Maryland developer has something larger in store for another Hull Street plot. Shakil Siddiqui, owner of Haris Design… Read more »
10 construction projects nail down Golden Hammer awards
A Northside mansion’s transformation into apartments and a shipping-container addition at a suburban shopping mall were among projects recognized this year.
West End ‘fringe’ neighborhoods near Broad Street seeing uptick in home rebuilds
Monument Avenue Park and Sauer’s Gardens, in particular, are getting renewed interest from homebuilders on the hunt for teardown and rehab opportunities.
Catholic Charities, Diocese planning dozens of income-based apartments in Northside
The Catholic Diocese of Richmond and St. Elizabeth’s Catholic Church are joining Commonwealth Catholic Charities in the 56-unit, $9 million project.