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.
The local hotelier paid $3.2 million for the 13-story office tower six years ago, with plans to turn it into a hotel.
The developer of a planned high-rise said the neighborhood might have reached the elusive density threshold to attract a big retailer.
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.
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 »
A Northside mansion’s transformation into apartments and a shipping-container addition at a suburban shopping mall were among projects recognized this year.
Monument Avenue Park and Sauer’s Gardens, in particular, are getting renewed interest from homebuilders on the hunt for teardown and rehab opportunities.
The Catholic Diocese of Richmond and St. Elizabeth’s Catholic Church are joining Commonwealth Catholic Charities in the 56-unit, $9 million project.
The company, which was forced to turn over the keys to Stony Point Fashion Park earlier this year, paid more than $141,000 per door to acquire the complex of seven buildings on 13 acres.
Rounding out the top five deals for the month were three sales that each came in at $1.8 million.
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