The Flats at West Broad Village set a high watermark with a $111 million price tag, while two other large apartment deals closed for $85 million and $44 million.
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Mystery developer lining up block in Manchester’s industrial section
The nearly 2-acre plot is currently used as a UPS logistics center but is under contract to be sold and in the midst of a rezoning application.
Developer sells 1 W. Cary St. apartment complex for $3.4M
The property encompasses two renovated buildings totaling about 14,300 square feet, including 17 apartments and ground-floor commercial space.
City ponders plan to extend TOD zoning westward along Broad Street
Meanwhile, Pulse-driven zoning changes on another stretch of Broad could get reworked with an overlay to maintain current building height restrictions.
The Agenda: Local government briefs for 9.27.21
A planned extension of Charter Colony advances, a city real estate official takes a county job, and Henrico marks the completion of three school projects.
BizSense Rewind: Top 5 stories for 9.17-9.23
Our biggest and best stories this week including news of a look at the pandemic’s effect on the value of local hotels, a highly visible signage dispute, a dog park/bar in the city and more.
Thalhimer, N.C. developer plan apartments across from The Diamond
A seven-story building with 272 units is proposed for the former Wesco Distribution site at 2902 N. Arthur Ashe Blvd.
The Agenda: Local government briefs for 9.13.21
A proposed Church Hill mixed-use rehab gets a thumbs down, an Innsbrook mixed-use project and golf course development plan are up for votes, and Chesterfield mulls bonds for two new middle schools.
Another ghost kitchen is simmering on West Broad Street
ChefSuite will outfit the former TitleMax building with 16 rentable commercial kitchens, each about 200 square feet with necessary cookware included.
The Agenda: Local government briefs for 8.23.21
A 2,000-home development beside Westchester Commons is up for a vote, the 475-unit Oasis Park project advances, and Henrico starts an update to its comprehensive plan.