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Diamond District

Flying Squirrels owner sues Thalhimer exec for defamation
Jun 2, 2026

Richmond makes progress on Diamond District agreements, amid lawsuit

Richmond officials have moved forward on key Diamond District agreements, but details still in the air.

Flying Squirrels owner sues Thalhimer exec for defamation
May 29, 2026

Flying Squirrels owner sues Thalhimer exec for defamation

Richmond Flying Squirrels owner Lou DiBella is suing Thalhimer Realty Partners Principal Jason Guillot and the firm for defamation.

A rendering of VCU Health's Pauley Heart Center Pavilion. Image courtesy VCU Health
Apr 30, 2026

VCU Health breaks ground on $90M facility in Richmond

VCU Health on Wednesday broke ground on a new $90 million medical facility in Richmond’s Diamond District.

1600 Rhoadmiller St. in Richmond, taken April 2026. Photo by Katherine Schulte/Virginia Business
Apr 24, 2026

Richmond site for planned multifamily building sells for $6.36M

A developer bought a roughly 2-acre site near the Diamond District in Richmond for $6.36 million in mid-April, with plans for redevelopment.

L to R: Richmond Mayor Danny Avula, Flying Squirrels President Lou DiBella, VCU Athletics’ Ed McLaughlin and Richmond EDA Director Angie Rodgers Photo courtesy City of Richmond
Dec 31, 2025

VCU advances its Diamond District plans

Virginia Commonwealth University was expected to wrap up deals by the end of 2025 for the Richmond Economic Development Authority to buy VCU‘s aging Sports Backers Stadium and for its Rams baseball team to play at the forthcoming CarMax Park stadium. VCU, the City of Richmond and Navigators Baseball, which owns the Richmond Flying Squirrels […]

Dominion Energy plans to install more than 1,700 solar panels on CarMax Park’s two-tiered roof, in addition to five solar-covered carports in an adjacent parking lot. (Artist rendering courtesy of Dominion Energy)
Aug 5, 2025

Solar-powered Flying Squirrels stadium on way

Dominion Energy will install solar panels at the Richmond Flying Squirrels’ new stadium, powering 250 homes

Central Va. Year-in-Review: Region scores in manufacturing, data centers
Feb 24, 2025

Conn. developer files amended complaint in $40M Diamond District lawsuit

After a Richmond Circuit Court judge dismissed a Connecticut developer’s $40 million lawsuit over the city’s $2.44 billion Diamond District project, the developer has filed an amended complaint with a change in language. Judge Bradley B. Cavedo ruled Jan. 22 in favor of defendants Thalhimer Realty Partners, a subsidiary of Cushman & Wakefield | Thalhimer, […]

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Jan 27, 2025

$40M Diamond District lawsuit dismissed in Richmond

A Richmond Circuit Court judge dismissed a $40 million lawsuit over the city’s $2.44 billion Diamond District project last week, in which a Connecticut developer claimed its former partners, including Richmond’s Thalhimer Realty Partners, cut it out of the development deal. Judge Bradley B. Cavedo ruled Jan. 22 in favor of defendants Thalhimer, a subsidiary […]

An aerial shot of industrial buildings
Dec 27, 2024

Thalhimer subsidiary purchases Dabney Center for $75M

Thalhimer Realty Partners, a Cushman & Wakefield | Thalhimer subsidiary, has purchased Dabney Center, a 56-acre industrial park in Henrico County, for $75.3 million, the company announced Monday. The complex, which includes 14 buildings and encompasses more than 642,000 square feet, was purchased from Brandywine Realty Trust of Philadelphia. Atlantic Union Bank provided financing for […[...]

A rendered interior of a movie theater auditorium, angled to show a large screen to the right of the image. The tiered seating leading up and to the left in the image shows black seats with red upholstery and small attached tables.
Dec 11, 2024

Richmond’s Movieland at Boulevard Square to undergo $5M glow-up

Movieland at Boulevard Square, the city of Richmond‘s only first-run movie theater, is undergoing approximately $5 million in renovations and upgrades. The project, which began in October and is expected to be completed in spring 2025, represents “the most extensive enhancements to the theater since it opened in 2009,” according to a Wednesday news release. […]

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Nov 30, 2024

Aiming for the fences

When renters tour the new Novel apartment building in Richmond‘s Scott’s Addition neighborhood, one fifth-floor vantage point has particular appeal. The windows on the building’s east side look across Arthur Ashe Boulevard onto the site where the Richmond Flying Squirrels‘ new baseball stadium, CarMax Park, is expected to open in time for the 2026 season. […]

An aerial rendering of the Diamond District redevelopment. Image courtesy Thalhimer Realty Partners
Nov 1, 2024

Thalhimer now sole principal for Diamond District redevelopment

Loop Capital is no longer affiliated with the development partnership working on the mixed-use development component of Richmond‘s $2.4 billion Diamond District project, leaving Thalhimer Realty Partners as the development team’s sole principal. The partnership, a limited liability company named Diamond District Partners, is developing the area surrounding the planned new baseball stad[...]

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