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GreenCity developers and ASM Global settle $1.5M suit
On Friday, the developers of the GreenCity project and ASM Global, reached a settlement agreement in a $1.5 million legal dispute.
Former Tyson Foods plant in Hanover sells for $5M
The former Tysons Food plant in Hanover County sold for $5 million.
Newport News reveals plans for $400M Navy housing project
Newport News plans to begin work next year on a more than 930,000-square-foot Navy housing development downtown.
Averett plans $18.15M sale-leaseback of North Campus
Averett University, which is weathering a financial crisis, seeks bondholder approval of an $18.15M sale-leaseback of its North Campus
Virginia Beach solicits development proposals near convention center
The Virginia Beach government is seeking proposals from developers for a commercial or residential project near the city’s convention center.
Virginia firm to build $200M White House ballroom co-funded by Trump
The White House announced Thursday that it would add a $200 million, 90,000-square-foot ballroom to the people's mansion — with McLean's Clark Construction leading the building team.
Virginia logistics space squeezed by data center boom
After the COVID-19 pandemic struck, Virginia experienced a surge in demand for warehousing and distribution space driven by consumers shifting to the convenience of online shopping. In 2022, at the height of this boom, developers responded by rapidly adding new supply, with Richmond and Hampton Roads seeing dramatic increases in development of industrial spaces like […]
Virginia Beach developer building $80M mixed-use development
Construction is underway on an $80 million Virginia Beach project to transform a former elementary school site into a mixed-use development.
CIA pays Peterson Cos. $246M for Virginia office building
The CIA recently purchased a massive 10-story office building in Chantilly for $246 million, according to Fairfax County tax records.
Post GreenCity, Henrico tries again
Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid lawsuits.
JBG Smith acquires Tysons Dulles Plaza for $42.3M
JBG Smith announced last week that it has acquired Tysons Dulles Plaza — a 15-acre office campus in Tysons that houses three-buildings.
Atlantic Union to expand Henrico office, add 50 jobs
Atlantic Union Bank is investing $5.1 million to upgrade its corporate offices in Henrico County to accommodate growth, the bank announced this week.
