News in Richmond

Owners of Chesterfield Towne Center sell off neighboring shopping center less than a year after buying it
The seller was a joint venture of JRE Partners and Anastacia AG, which bought the roughly 63,000-square-foot strip center as part of their $80 million purchase of the larger mall last year.

Bolling Haxall House puts finishing touches on $2.4M renovation project
“We stand in this space, and we think of everything that’s happened in this room, and we also think of all that’s to come,” said Woman's Club executive director Sally Schwitters. “To see it with a new life is inspiring.”
Horsey homes: Racing exec’s house, equestrian estate hit market with $4M price tags
One of the investors involved in getting Colonial Downs back open several years ago is looking to sell his local residence, while a late attorney's equestrian estate in Montpelier is also on the market.

Owners of former Westhampton Pastry property on Patterson shift gears, list site for sale
“We're very conscious of (the fact that) that corner is important, and that whole area is important. It needs to be done right for the neighbors around it.”

Longtime printing company moving across Broad after selling its building to Sauer
Richmond Printing Service's deal with Sauer also impacted Lucky 13 Tattoo & Piercing, which had been in the space next door and was also able to find a new home nearby.

Project Snapshot: Nonprofit’s new Greenway Village apartments near completion in Highland Park
“We've had to redefine and redesign the project several times without changing the site plan and the plan of development. We really had to pivot and iterate on our plans over and over and over again,” CEO Jay Brown said.

Foreclosures: 9.21.26
Twenty-seven properties with mortgage delinquencies between $29,000 and $441,000 are scheduled for auctions. (BizSense Pro required)

Bon Secours pays $9M for future Chesterfield ER on site of razed Ukrop’s store
The seller in the deal was Ukrop’s, which had previously operated a grocery store on a portion of the property in a 44,000-square-foot building that later operated as a Martin’s before it was torn down.

Project Snapshot: Brown’s Island’s $30M renovation in full swing ahead of Folk Festival debut
While work on the six-acre strip won’t be completely wrapped up in time for the Oct. 9 start date of the Folk Festival, Venture Richmond CEO Lisa Sims said the island will be ready enough to host multiple stages during the multi-day event.

City readying RFPs to develop housing at former East End police precinct, Northside school sites
A public meeting is scheduled tonight on the former First Precinct property in the East End, which the city is looking to redevelop along with a Northside site once slated for a Planned Parenthood clinic.

Dominion pitches new downtown office tower as part of NextEra merger
As part of their bid to get their mega-merger approved, Dominion Energy and Florida-based NextEra Energy are offering to bring a vacant piece of downtown Richmond real estate to life.

Former GreenCity developer files for Chapter 7 bankruptcy
The filing bookends a roughly five-year saga that started with the project's announcement by Green City Partners, whose principals were also behind the unsuccessful Navy Hill plan and an ill-fated VCU Health project.