Proposed industrial buildings in Rockville are up for a vote, and Chesterfield supervisors wind down a community development authority. (BizSense Pro subscription required)
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The Agenda: Local government briefs for 6.26.23
A 17-story apartment building next to Legend Brewing is up for a deciding vote and planned interchange improvements in Short Pump advance.
Nate’s Bagels owner buys into Scott’s Addition
Nate Mathews of Nate’s Bagels in the Fan confirmed the deal, but isn’t saying yet what is planned for the building and whether it will tie into the bagel business.
The Agenda: Local government briefs for 6.5.23
A planned 17-story apartment building is up for a Planning Commission vote, a City Council committee considers the proposed casino and riverside amphitheater projects, and Hanover supervisors appoint new School Board reps. (BizSense Pro subscription required)
‘Undeniably the biggest challenge’: Richmond developers reckon with rising interest rates
The spike in loan rates that began in 2022 has prompted some real estate developers to rethink their math, leading some to delay construction on previously announced projects in the Richmond region or, in some cases, to put project sites back up for sale.
Design firm Hickok Cole moves Richmond office back to Scott’s Addition
The D.C.-based firm is returning to the neighborhood after three years in the Arts District, where it had been since 2020.
Developer puts Scott’s Addition apartment project on hold, up for sale
In a rare occurrence for one of the city’s hottest neighborhoods, a developer is pumping the brakes on a new apartment project in Scott’s Addition.
The year in CRE: City development recap for 2022
Development in the city of Richmond stayed red-hot this year. Here’s a run-down of the most noteworthy projects, hottest neighborhoods and most interesting trends.
Guest Commentary: The rising tides of Westhampton
In the mind’s eye of many locals, the leafy and lively environs of Libbie and Grove avenues is a reassuringly comfortable blend of golf, gastronomy and God. While many take comfort that architectural and social change occurs slowly in such tony enclaves, in Westhampton look again.
Hourigan sells Lowe’s-anchored Southside warehouse for $128M
The 1.2 million-square-foot industrial facility sold for $106 a foot to a California-based REIT. It’s the second biggest real estate deal in the city this year.