2015 put in motion several developments and trends to keep an eye on in the coming year, including the continued growth of several areas around town, the grocery store battlefront and the bubbling brewery industry.
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Year-end statement: Banking news of 2015
TowneBank started 2015 off with a banking bang and continued to make headlines with its local expansion. Other out-of-town banks also planted their flags in the market and local institutions continued to improve.
This year’s deals and developments
2015 brought big development to the Richmond area, with huge property deals, long-awaited developments wrapping up and ground breaking on new projects to watch in 2016.
Restaurant recap: Richmond’s year in food
Some of Richmond’s biggest restaurant players got new locations cooking, new developments and up-and-coming neighborhoods landed eateries, and Scott’s Addition boomed with booze in 2015. Read this year’s restaurant roundup and plan your dining calendar for the new year.
Tour Richmond’s highest-priced home sales from 2015
From a Rocketts landing townhome to a 200-acre farm, Richmond’s residential real estate market continued to churn out million-dollar deals each month in 2015. And one local couple’s house hopping made for a home sale hat trick this year.
The 2015 evolution of Richmond’s startups
This year saw several local companies champion the startup competition circuit, while brick-and-mortar newcomers set up shop and Hopewell laid the groundwork for its own small business hub.
Vacant Petersburg hotel slated for $20M transformation
An empty hotel that looms over the highway is set to be revived as the centerpiece of a large mixed-use project including retail and apartments that will serve as a more welcoming first glimpse of the city.
TowneBank deal boosts its local lending clout
A $220 million deal to acquire a Chesapeake competitor will nearly double the size of TowneBank’s local lending force and will also fill out its ranks with some new executives.
Production studio awakens the Force in RVA
X-wing fighters zoom above the James, the Millennium Falcon dodges gunfire, and Richmond’s bridges take some heavy hits in a new “Star Wars”-inspired video recently released by a local production studio.
Scott’s Addition rooftop gives rise to event venue
A deal between a Scott’s Addition developer and a catering company will open the upper level and rooftop of a Broad Street building up to host events with a view.