Hanover takes some time on its review of an appeal of an industrial park site plan, Goochland opens a new agricultural center and launches related initiatives, and several high-profile projects across the region go before boards this week.
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The DeedBook: Local property transfers for 12.13.19
A $143 million sale of apartments takes place in Henrico, and Manchester in Richmond has several transfers. For the entire list, become a BizSense Pro member.
BB&T-SunTrust deal closes
The banking giants have tied the knot in a deal that’s sure to bring noticeable changes to the Richmond banking market. But the successor brand – Truist – won’t show up in the area immediately.
Sauer Center development lands another tenant
A local IT firm is relocating its headquarters from Innsbrook to the Whole Foods-anchored development in the city, in part to be closer to one of its major clients that’s also moving in next door.
SEC case against Hild put on hold in favor of criminal charges
As he awaits trial on criminal fraud charges tied to an alleged bond scheme, local mortgage executive and real estate developer Michael Hild has one less legal issue to deal with for the time being.
Richmond-area branches intact for now as BB&T-SunTrust heads for finish line
The combined banks would have 71 branches in the Richmond market when the deal closes as expected later this week. It remains to be seen how many of those will be consolidated.
The Agenda: Local government briefs for 11.11.19
Hanover considers an apartment’s expansion in Mechanicsville, Henrico eyes more mixed-use in Innsbrook, RRHA seeks $15 million in bonds for a senior housing project and Navy Hill votes are pushed back to January.
Hild gets more time to respond to SEC charges
Embattled local businessman Michael Hild last week bought himself some extra time to respond to civil claims filed against him by the federal government.
The Agenda: Local government briefs for 11.4.19
Development plans for a former golf course in Goochland are up for review, a longtime Chesterfield buildings official is named inspections director, and a charter company’s land lease is extended at a local airport.
New York firm drops $2 million for Bainbridge St. apartments
Bullish on Manchester’s multiplying multifamily counts, Mercer Street Partners has made a third investment in the fast-growing South Richmond neighborhood – and its fifth acquisition in Richmond overall.