The five-story, 2.6 million-square-foot warehouse complex would be built for an unidentified tenant, but the developer has ties to Amazon.
Huge distribution facility planned for Richmond Raceway-owned land
Mike Platania
Mike Platania joined BizSense in December 2016. He covers commercial real estate, restaurants and breweries. He graduated from Virginia Tech. Reach him at [email protected] or (804) 554-6872.
Local food delivery service gets grant to chop commission rate to 7 percent
Richmond’s EDA is awarding $120,000 to Chop Chop RVA to help restaurants survive the pandemic by making to-go orders more profitable.
Caravati’s site in Manchester under contract to mystery buyer
A rezoning application to allow taller buildings to be built on the property is already in the works.
City hires consultant to review proposals from casino developers
The EDA tapped New Orleans-based Convergence Strategy Group to help evaluate RFPs and assist in negotiations down the road.
Carytown’s Farouk’s House of India to be replaced by Afghan kabob concept
The Indian buffet closed this month after 45 years in business but the building won’t be empty for long. Ariana Kabob expects to open within a few weeks.
Thalhimer, Freeland plan 126-unit apartment building in Scott’s Addition
The developers applied for a special use permit to build six stories high on Belleville Street, which has become a busy strip recently.
CoStar drops $130M on 5th Street office building that bears its name
The real estate data giant, which has about 1,000 employees in Richmond, has become a major landlord along the city’s riverfront.
$125M pharmaceutical plant to be built in Petersburg will create 200 jobs
Civica, which is partnering with Phlow, VCU’s Medicines For All Institute and AMPAC, plans to manufacture generic drugs and create 200 jobs.
Mocha Gourmet Market taking over Fine Food Market in Oregon Hill
Ezaddin Alshami, who also owns Northside Gourmet Market, plans to spend $500,000 to renovate the new space and add equipment.
Recently redeveloped mixed-use building on Broad Street sells for $3M
James River Housing Partners purchased the Arts District property, which features 17 apartments above 3,000 square feet of commercial space.