Thalhimer was the seller and the land is slated for 344 apartments between two 11-story towers connected by a sky bridge.
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Unexpected, unsolicited offers and fallout from the pandemic has landed a Manchester multifamily project on the back burner.
“If you don’t stay three to five years ahead, you’re behind,” said Richard Smith, who partnered with Tom Papa and Walter Parks on the deal.
As it prepares to open the Richmond area’s first medical cannabis production facility this month, its operator now has its eye on opening several dispensaries, thanks to recently signed state legislation.
After finding a niche in cafés and gourmet markets locally, Sara McGlothlin is expanding the reach of her snack bar startup.
Dozens more apartments are in the works for Manchester as one of the neighborhood’s most prolific development firms plots its next project.
Months after completing similar upgrades to two of its branches, the YMCA of Greater Richmond is kicking off another multimillion-dollar renovation, this time in the Southside.
The tribe has two avenues to take to allow it to build the project: one through state law that would need to pass this year, and the other using its federal power to have sovereign control over land it owns.
The recent closure of a longtime local chrome plating business left the company’s Manchester home up for grabs – and the property already has been spoken for.
Foraging for more urban territory, two property management firms that typically do the bulk of their local business in Richmond’s suburbs have been enlisted to fill a new mixed-use development in Manchester.