Two residential projects totaling hundreds of homes are up for votes in Chesterfield, and Henrico names its nearly complete Cobbs Creek Reservoir for a former county manager. (BizSense Pro required)
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Developer Greystar buys wooded site next to Movieland for $18M
The 6-acre site sold for $3 million per acre and is planned for a 388-unit, 7-story apartment building next to the cinema complex.
City Council approves $5M casino site purchase, keeps tax rate unchanged
Council OK’d spending $5.5 million to purchase the 96-acre site off Walmsley Boulevard, and split on votes on a proposed real estate tax cut and a $2M building purchase for a new pet adoption center.
The Agenda: Local government briefs for 11.11.24
A revised townhome project near Chester is up for a vote, and real estate tax rate and rebate proposals are back before City Council. (BizSense Pro required)
VCU Health buys former Pet Dairy facility beside Athletic Village site for $9M
The VCU Health System Authority now owns the nearly 6-acre assemblage that is adjacent to the 42-acre Athletic Village site, where work has gotten underway in recent weeks.
The Agenda: Local government briefs for 11.4.24
Two local builders’ projects are announced as the first eligible for Henrico’s housing trust fund program, Richmond’s planned casino site purchase is up for an initial vote, and Chesterfield names a new top cop. (BizSense Pro required)
Local projects recognized with Golden Hammers, interior design awards
The restored Hotel Petersburg was among this year’s Golden Hammer winners, and multiple local design firms were recognized in this year’s Interior Design Excellence Awards.
Thalhimer now leading Diamond District solo after development partner bows out
Investor Loop Capital is no longer involved in the mixed-use portion of the ballpark-anchored project, leaving Thalhimer Realty Partners the lone lead developer amid a $40 million lawsuit from former teammate Republic Properties.
Updated: Insurance giant Allianz nabs naming rights for new riverfront amphitheater
Allianz Partners, which has a major office presence locally and provides event ticket insurance through venue promoter Live Nation, was announced as the title sponsor for the now-named Allianz Amphitheater.
Developer completes $22M apartment project, starts another across Brookland Park Blvd.
Enterprise Community Development has completed its 66-unit Highland Terrace Apartments and kicked off its 43-unit Green Park Apartments across the street.