Henrico County is starting work on its $20 million Taylor Farm Park just as development gets going across Williamsburg Road on hundreds of homes from Godsey Properties.
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The Herd: New hires, promotions & departures for 2.14.23
A human resources association names a president and a finance firm promotes a senior vice president. New faces and promotions in law, real estate, construction and more. (BizSense Pro subscription required)
City takes back Public Safety Building property after development stalls
The downtown site has reverted back to city ownership, after the project had not progressed according to an agreement with the developer, whose principals are also behind GreenCity in Henrico and had proposed the failed Navy Hill project.
Va. Beach’s Sibony family adds to oceanfront holdings with $12M deal
Editor’s note: This is the first installment of BizSense’s occasional coverage of the Hampton Roads real estate scene. Stay tuned for more. A new owner is at the helm of a long-standing Oceanfront hotel, adding to a growing collection of Atlantic Avenue properties in their possession. The Sibony family, known for their Sunsations chain of… Read more »
Big deals: Top 10 commercial real estate transactions for 2022
The 10 largest deals in the region had a combined price tag of $1.19 billion – $220 million more than the sum of the 10 biggest deals of 2021.
Updated: Diamond District runner-up among five respondents to City Center solicitation
Also vying for the project are local firms Capital Square, Shamin Hotels and Sterling Bilder
City awarded $11M grant for Shockoe interpretive center at Main Street Station
The grant from the Mellon Foundation is the biggest award yet through its Monuments Project, which doled out an additional $5 million for five other local projects.
Breaking Ground: Local building permits for 12.21.22
The week’s permits include Goochland, Henrico, Chesterfield & Richmond. (BizSense Pro subscription required.)
Changing of the guard set for downtown investment banking firm
Matrix Capital Markets Group will have a new president at year’s end and also recently hired its first ever COO.
New Business Licenses: 11.18.22
This week’s new businesses include a seafood market, a steakhouse and watch repairs. (BizSense Pro subscription required)