The regional food bank paid seven figures for the 9-acre site on Villa Park Drive, where it’s planning a new $40 million facility to replace its current headquarters near The Diamond.
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The Herd: New hires, promotions & departures for 4.18.23
Richmond introduces its new city attorney and a painting firm announces a commercial account manager. New faces and promotions in law, real estate and more. (BizSense Pro subscription required)
Local golf pro is latest entrant into indoor simulator scene
The Richmond region is getting yet another indoor golf simulator venue, this time from a golfer whose career took him from Canada to VCU to pro tours and eventually to coaching at local country clubs.
‘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.
Demand prompts Sheltering Arms to expand 3-year-old West Creek rehab hospital
Though it just opened in 2020, Sheltering Arms is already looking to add more beds to its $95 million Sheltering Arms Institute in West Creek.
Chesterfield’s Uptown Alley scoops up site for new Williamsburg location
The company paid $4 million to purchase the 64,000-square-foot former Yankee Candle building, where it plans to open a location featuring bowling, an arcade, duckpin bowling and a restaurant.
More development planned around Hardywood on Ownby Lane
With hundreds of apartments already in the works in the vicinity, plans were filed with the city this week for a 314-unit apartment building that would rise at 1316 Ownby Lane.
Oregon Hill infill project nears completion, with more on the way
Kyle Johnston’s Canvas Development is nearing completion on a three-townhome project at 105-7 S. Laurel St. and has two other small infill townhouse projects in the works in the neighborhood.
The Herd: New hires, promotions & departures for 3.14.23
A new president for an insurance services firm, as well as new real estate agents, healthcare executives and more. (BizSense Pro subscription required)
Feed More to relocate to $40M warehouse planned near St. Joseph’s Villa
The food bank confirmed it’s behind Project Nourish, the code-named industrial project in the works for Goodwin-owned land near St. Joseph’s Villa. The move would free up its current location near the Diamond District.