Dave McCormack’s Waukeshaw Development paid $100,000 for the grassy plot, which had once been envisioned as a manufacturing or industrial site.
Petersburg’s version of Brown’s Island progresses with 10-acre deal
Petersburg
The Agenda: Local government briefs for 1.24.22
The Richmond City Council considers a second casino referendum, a Chesterfield developer wants his own landing strip, and Petersburg names a new economic development director.
Tire store for truckers rolling into Petersburg, Hampton Roads
Git The Trucking Commercial Tires opened this month at 534 E. Washington St. and another location in Portsmouth will follow in the fourth quarter.
Foreclosures: 1.18.22
This week’s listing of auctions are in Chesterfield, Goochland, Hanover, Petersburg, Prince George and Richmond. (BizSense Pro subscription required)
Investor snags mixed-use building for $4M amid Petersburg buying streak
Gagan Marwaha added Cameron Lofts at 325 Brown St. to his portfolio. It features 33 one- and two-bedroom apartments as well as about 26,000 square feet of office space.
The BizSense Crystal Ball: Things to watch in 2022
Progress on The Diamond District, GreenCity and CityCenter developments, a proposed casino could resurface in Petersburg, Michael Hild could get a new trial, and more.
Funding to build $300M Fall Line trail picks up pace with $104M allocation
The Central Virginia Transit Authority put the money toward a 43-mile trail that would run from Petersburg to Ashland and asked the state to cover the $132 million still needed.
Lumber Layoffs
Roper Brothers Lumber has laid off dozens of workers due to a slowdown in the housing sector. The Petersburg-based company, which had operations around Virginia and North Carolina, closed a plant in Raleigh, let go of around 22 workers at a Newport News Truss plant, and cut the size of the workforce at showrooms in… Read more »