Short Pump has shopping. It has restaurants. Now a local developer wants to bring trampolines, zip lines and climbing walls to the busy commercial district. An investor group that includes local development firm Stanley Shield Partnership is planning a 40,000-square-foot adventure sports facility at 205 Towne Center West Boulevard, just west of Short Pump Town… Read more »
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Topgolf taking aim at Richmond
A fast-growing chain of high-tech driving ranges could soon land in the Richmond market. Topgolf, a Texas-based company known to spend upwards of about $25 million on its three-story golf and entertainment facilities, is on a rapid nationwide expansion plan and confirmed last week that it has Richmond on its list of potential markets. “We… Read more »
Salomonsky, White eyeing two towers in Scott’s Addition
A veteran Richmond development team is aiming high – and high-end – for their next project in Scott’s Addition. Louis Salomonsky and David White of Main Street Realty are proposing two 10-story towers totaling 258 residential units at 1400 Roseneath Road that would convert from apartments to condominiums over time. The towers – the tallest… Read more »
‘M’ is for modern on M Street
Continuing their strategy of filling alleys with modern architecture, Patrick Sullivan and John White have turned their attention to an alley in Richmond’s oldest neighborhood. Two-thirds of the team behind six modern townhomes planned between two alleys near the Fan, the development duo is working with Zach Kennedy of Upward Builders on a similar project:… Read more »
Trading Day: Local SEC filings for March 24, 2016
A new CFO for a local bank, proxy and annual meeting season continues and a Media General executive sells thousands of shares.
Developer snags strip in Kroger shopping center
Narrowly avoiding foreclosure, a Hanover County retail strip fell back into familiar hands last week. The Creighton Crossing I shopping center at 6102-6104 Brashier Boulevard was sold back to its original developer for $3 million in a last-minute transaction on March 17, just before the property was scheduled to hit the auction block the following… Read more »
The Pipeline: Commercial real estate deals for 3.11.16
Another busy Pipeline as McKesson takes more space in town, a startup signs on for E. Broad Street frontage, a bank cements its presence in Village Shopping Center and more.
Real estate firm puts down roots
After selling dozens of houses in its three years in operation, a local real estate brokerage has bought a home of its own.
Bank gets green light for Libbie Mill outpost
As it works to complete its new local headquarters downtown, TowneBank is moving forward with another new location at a major development to the west. The Hampton Roads-based bank last month received approval from state and federal regulators to open its latest Richmond branch, in Gumenick Properties’ 80-acre Libbie Mill Midtown development off Staples Mill… Read more »
Wong Gonzalez on deck for East Grace Street
One of Richmond’s busiest restaurant groups has unwrapped its plans for a downtown eatery. Chris Tsui of Eat Restaurant Partners said he and his partners plan to open Wong Gonzalez in July at 412 E. Grace St. downtown. Plans call for a “bar-focused” restaurant with a menu that combines Asian and Mexican fare. “I thought… Read more »