A Richmond property management company added a pair of apartment complexes to its portfolio with the acquisition of 132 units in two deals totaling $5.3 million.
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Local video production firm lays off 15 as film industry feels coronavirus effects
“Our industry, we were the first shut down, and we will be the last to reopen, because what we do is big gatherings of people.”
Douglas Development planning Hyatt hotel in former DEQ building downtown
The developer, which owns dozens of properties downtown and is in the midst of converting another nearby office building, will look to rehab the 12-story property into 210 hotel rooms across two Hyatt brands.
The BizSense Crystal Ball: Things to watch in 2020
An objective news publication must tread carefully when dipping its toe into the subjective waters of making bold predictions. Nevertheless, we polished the ol’ crystal ball well enough to give you this guide for 2020.
Last call: Local brewery news roundup for 2019
A decade ago, there were no neighborhood brewery tours in Richmond. The term “triple crossing” was still just the name of where some railroad tracks intersected downtown. And out-of-town breweries certainly didn’t have eyes for local outposts.
Sprout School to take root in shuttered Manchester church
The school’s move will free up the YWCA to carry out a nearly $6 million renovation of its downtown facility at 6 N. Fifth St.
EAT Restaurant Partners bringing Hot Chick to Chesterfield
“There are several chains that are in the suburbs, and I think you’re seeing people look for something else to meet their dining needs,” Chris Tsui said. “That presents us with an opportunity.”
Deal for former HDL assets closes for $8.5M
Bankrupt lab company True Health Diagnostics will continue to use its downtown Richmond lab as a home base for its liquidation.
Two dozen rental properties scooped up in $5M portfolio sale
A residential portfolio totaling two dozen rental properties scattered across Richmond is in the hands of new owners, whose city holdings now include nearly a full block of rowhouses along Parkwood Avenue.
Dentist looks to fill gap on Hull St. in Manchester
“When you look at the number of dentists per resident in the city of Richmond, this area has the least,” said Alan Walker. “Coming here truly puts me at an advantage because I’m able to draw people as far south as Chesterfield to my practice in Manchester.”