The off-market deal will help the local developer fund other projects, including an assisted-living rehab he’s planning in the city’s Northside.
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The Herd: New hires, promotions & departures for 3.8.22
The Flying Squirrels have a new manager and coaches. New faces in law, real estate, construction and more.
Henrico’s proposed budget would slash biotech property tax rate
The $1.2 billion spending plan would also reduce the real estate tax rate by 2 cents and set the stage for a $511 million bond referendum this fall.
Construction of massive Fulton Yard development finally set to begin
“The pandemic slowed us down,” Landon Zimmer said of the 20-acre, four-building project that’s been in the works since 2019.
The Docket: Local court roundup for 3.3.22
The owner of a commercial office building says an adjacent apartment complex has violated an easement agreement and damaged its real estate. (BizSense Pro subscription required)
The Herd: New hires, promotions & departures for 3.1.22
A law firm elects five shareholders, plus new faces and promotions in real estate, finance, health care, construction, insurance, architecture and more.
Size tweaked for planned apartment building near Northside brewery
The proposed four-story, 41-unit project at 711 Dawn St. is now a floor shorter with nearly a dozen fewer apartments.
Updated: Diamond District solicitation attracts 15 developer responses
Richmond’s Diamond District redevelopment project has officially garnered interest from more than a dozen development teams.
The Agenda: Local government briefs for 2.14.22
A 200-home development is proposed in western Chesterfield, Goochland holds meetings on a pair of area-specific plans, and several projects advance in Henrico.
Henrico industrial market off to busy start in 2022 with nine-figure deal
The Eastport Industrial Park in Varina sold for $139 million. Meanwhile, a paper towel maker is moving to a bigger facility.