The family that owns the business bought the 121-year-old building at 1324 N. Arthur Ashe Blvd. in 1967 for $35,000.
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“We like the idea of doing condos there because there’s no supply and we keep anecdotally hearing about a lot of demand,” said a principal at the firm.
One spot at The Summit was leased by a Richmond local who helped open Cabo Fish Taco in Blacksburg. The other space will be a neighborhood market.
“Scott’s Addition over the last couple of years has changed a lot, and for a small business owner like me it hasn’t changed for the better,” said Gearhead Camera owner Max Fischer.
Capital Square is under contract to purchase the N. Chasen & Son building at 2924 W. Marshall St. The 107-year-old painting and carpentry firm is looking for a new home.
The brewer plans to open a tasting room at 1509 Belleville St., about two blocks from its current home at 1301 Roseneath Road.
“We could tear it down and do more apartments,” said Capital Square’s Adam Stiffel. “I want to bring it back to life.”
ELYA, which relies on refrigeration and credit cards to sell quick-serve healthy entrees and snacks, chose a spot outside menswear brand Alton Lane’s corporate office.
The 2,000-square-foot former auto upholstery shop at 1004 N. Sheppard St. will soon be converted into a sort-of display case for Neo-Classic Cars.
The locally-based used vehicle consignment company, which recently listed on Nasdaq, is relocating to the HandCraft building at 3301 W. Moore St.