A transaction between doctors led the pack of area home sales in May, edging out four other seven-figure deals that each came in at $1.4 million.
Residential Real Estate
‘Brownstone’ townhomes rising in CenterPointe
A townhome development taking shape in Midlothian is introducing a new product from one of the region’s more active homebuilders.
Spy Rock files plans for Hardywood site; Historic Housing digs in on Cooperage phase two
If all goes as planned, hundreds of new apartments will take shape in the Ownby Lane-Overbrook Road neighborhood near The Diamond, as Spy Rock Real Estate Group and Louis Salomonsky’s Historic Housing move forward with new projects.
Chesterfield County rolls out one-stop capital project tracker
On the heels of launching an email-based system for development plans, the county has another new tool aimed in part at developers and businesses.
Twin 11-story towers gets nod from Planning Commission
A vote from the city’s Planning Commission on Monday helped pave the way for one major residential project along the riverfront in Manchester, while possibly setting the stage for more mixed-use development nearby.
Historic Hickory Hill house listed for $2M
Just in time for Historic Preservation Month, a 19th-century plantation house in Hanover County that’s the namesake of a modern-day subdivision nearby has been put up for sale in search of its next caretaker.
Riverfront land in Manchester sells for $4M per acre; twin tower apartment project planned
Thalhimer was the seller and the land is slated for 344 apartments between two 11-story towers connected by a sky bridge.
City holds off on Navy Hill surplus designation, short-term home rental rules
After receiving two offers on city-owned properties once tied to the failed Navy Hill project, Richmond administrators are delaying a proposed surplus-property designation as they plan to rework it around one of those offers in particular.
VUU-area apartment project fielding interest from developers
An unbuilt infill apartment project that’s been years in the making near Virginia Union University is being shopped around to firms that could take the development vertical.
BizSense Assembly VII Recap: Lending and the ‘thousand-piece jigsaw puzzle’
Enjoy these highlights and the best soundbites from this week’s BizSense Assembly episode, which focused on the state of commercial lending in the midst of coronavirus and how the loan pipeline could be affected going forward.