The identity of the mystery buyer of the six-story, 158-year-old Main Street office building has been revealed.
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GRTC zeroes in on two downtown sites for new transfer station
In addition to a permanent home for GRTC’s bus route nexus, the chosen project site would also be home to a mixed-use development with ground-floor retail and hundreds of apartments.
Stoney to state lawmakers: VCU Health still on the hook for taxes tied to failed downtown project
“VCU Health System should not be looking for ways to get around paying their fair share and the state should not be in the business of negating legally-binding contracts,” Mayor Stoney said in a statement Wednesday.
Downtown studio amps up with high-tech upgrade
Red Amp Audio has equipped its Grace Street facility with Dolby Atmos recording and audio mixing technology, making it the first commercial sound studio in Virginia to be Dolby-certified as an Atmos-capable studio.
Three downtown office towers facing lender scrutiny
While Richmond’s overall office leasing market is faring better than other regions, the loans on Riverfront Plaza’s twin towers and the Bank of America Center were recently put into special servicing.
Downtown’s Branch Building sells at auction for less than what seller paid four years ago
The North Carolina investor paid nearly $1.5 million for the property in January of 2020, just in time to be dealt a blow by the pandemic-induced office market downturn.
Downtown office building headed for auction after buyer ‘missed the market’
North Carolina-based developer Hem + Spire bought the six-story building in January 2020 for $1.5 million. Next month’s auction has a starting bid of $450,000.
VCU, Wilder School trade jabs over ‘skewed’ poll of failed downtown development deal
“The university is dedicated to supporting academic freedom, even in instances in which it disagrees with content,” VCU said in a statement released minutes after the poll’s results were disseminated Monday.
VPM spends $4M to buy site of future downtown headquarters
The land deal is another step toward the public media group’s plan to build a new five-story, 53,000-square-foot home to replace its current headquarters in Chesterfield County.
18th-century house for sale with $2.9M downtown land listing
Enlarged from a cottage that dates to the 1780s, the solitary Woodward House along Williamsburg Road is included in the listing that’s marketing the 2-acre property for development.