After years of sharing locations around town, a local production studio is settling down in a Northside warehouse. Spang TV is getting ready to move into its new studio space at 613 Wickham St., off Chamberlayne Avenue just south of its intersection with North Lombardy Street. Renovations are wrapping up on the former warehouse and… Read more »
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Fountainhead to transform former Philip Morris site
The developer’s latest project in Richmond’s Southside features 850,000 square feet of space and involves renovating some of the site’s 28 warehouses to create space for entrepreneurs.
VCU marches north with $4M land deal
VCU has quietly extended its reach northward. The university, through the VCU Real Estate Foundation, spent $4 million late last year to purchase a 2.6-acre tract at 505 W. Leigh St., the site of the former Belvidere Medical Center. The building was demolished in October and VCU closed the deal Dec. 10, property records show…. Read more »
$200M VCU facility unveiled
After five years of work, the region’s largest pediatric outpatient facility is ready to open its doors downtown.
Trading Day: Local SEC filings for March 10, 2016
Executives with a local REIT receive incentives in the form of hundreds of thousands of shares, Dynex Capital files its annual report, and a local bank director continues his share buying streak.
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 »
James Center auction cancelled
Three downtown towers have been taken off the auction block, at least for now. The foreclosure auction of the three-building James Center office complex, originally scheduled for today at noon, has been canceled, according to the trustee. It is unclear if the auction has been or will be rescheduled. William Casterline of the law firm… Read more »
‘Manchester’s time has come’
A local development company known for high profile projects in the Fan and Scott’s Addition can now add a Manchester notch to its belt. Spy Rock Real Estate, run by principals Andrew Basham and Taylor Williams, recently wrapped up work on their first foray into Manchester, the Old Store Lofts at 1229 Hull St. The… 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 »
Foreclosures: Feb. 29, 2016
A cluster of downtown towers and real estate head the list of regional foreclosures this week. For all the properties on the block, become a BizPro member.