What’s with the one-word names for restaurants? Mo Roman, who owns the swanky downtown eatery Bank, as well as the fan tapas joint, Si, is working on a pizza place called Pie. He has leased space in the Berry Burke building at 525 E. Grace Street, which is across the street from the Center Stage… Read more »
Search Results for: downtown
C’ville company debuts first feature film
Charlottesville-based production company Cavalier Films released its first feature film last month. “Familiar Strangers” was filmed at various locations in the Shenandoah Valley, and a majority of the crew came from the state. The release has been limited, playing in a handful of theaters in Virginia, Tennessee and Kansas; the film opened in Richmond last… Read more »
Pipeline: Commercial Real Estate Round Up for 12.11.08
Thalhimer reports Classic Construction Exteriors purchased a 2,500 square feet office/warehouse building in the Crossroads Business Center at 11624 Busy Street in Chesterfield from DSST Holdings for $315,000. The exterior remodeling company is moving from a smaller facility elsewhere in the county. Grubb & Ellis | Harrison & Bates reports Manakin Holdings purchased the former… Read more »
Anderson Strudwick in merger negotiations
Richmond-based investment bank/brokerage Anderson Strudwick is in merger negotiations with Wunderlich Securities, a Tennessee investment bank/brokerage. Representatives from Wunderlich will be in Richmond today to present the deal to the company, according to a source familiar with the deal. It’s likely that employees will vote later today.
Highwoods pitches plan to Shockoe Bottom
Planners of a proposed downtown ballpark development made a pitch to and fielded questions from residents and business owners Monday night at the Shockoe Bottom Neighborhood Association’s monthly meeting. “The area you are looking at for redevelopment is mostly parking lots. There really hasn’t been any significant development here since [tropical storm] Gaston,” said Highwoods… Read more »
Innsbrook empties out: Vacancy rate poised to double
Nearly 1 million square feet of class A office space in the Innsbrook area could be vacated as locally-based corporations downsize, driving down rental rates in the area but potentially making the Richmond area more attractive to corporations considering moving here. Almost every office building at Innsbrook has a “for lease” sign, and the situation… Read more »
Circuit City files for Chapter 11 Bankruptcy
Circuit City Stores has filed for Chapter 11 Bankruptcy protection. The company will go before the bankruptcy court today in an expedited hearing. BizSense has also obtained the letter sent to employees this morning.
Check this out: The RBS Guide for small business checking
Most businesses should try to keep about a month’s worth of cash in the account. The balance is insured by the Federal Deposit Insurance Corporation up to $250,000. A normal balance might be between $5,000 and $10,000 for a start-up or small business. A small business savings account can earn more interest and is easily… Read more »
Is the ‘Curse of Diamond Duck’ over before it took hold?
Richmond might some day lament the day Diamond Duck left for Atlanta, ushering in an era without baseball. A new stadium would probably cure any budding curse before it becomes debilitating. (Read: Curse of the Bambino) Developer Highwoods Properties and their team have until March 1 to submit a letter of intent and outline their… Read more »
Developers throw Richmond a meatball. Or is it a knuckle ball?
On Monday the City of Richmond finally announced its plans for Shockoe Bottom and North Boulevard: Tear down the Diamond, and build a new stadium downtown. Throw in an ample mix of retail, office and residential development at both sites. Just $765 million later, fans will have a new baseball team, the city will once… Read more »