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.
$450M Navy housing project in Newport News slated to begin this summer
Newport News Mayor Phillip Jones announced Monday that a $450 million downtown development is expected to begin construction this summer.
Divaris appoints managing principal broker of D.C. regional office
Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C., regional office.
Virginia 500 Spotlight April 2026 | KIM ROY
Kim Roy shares personal insights and highlights Hitt Contracting's new 270,000-square-foot Virginia headquarters opening in early 2027 near West Falls Church Metro.
AIA exec named Construction Industry Round Table president
Robert Corey Clayborne will become president of the McLean-based Construction Industry Round Table (CIRT) April 1.
Capital One buys $125M property in Tysons
A Capital One-linked entity acquired $125M in Tysons properties across from its headquarters, which is in the Scotts Run area.
Virginia Business announces Top Projects/Real Estate Deals awards
In July, Virginia Business will introduce its inaugural Virginia Top Projects & Real Estate Deals recognition program, honoring the innovative buildings, facilities and transactions reshaping Virginia’s landscape. (Applications are due April 17 and can be submitted at virginiabusiness.com/event/top-projects/.) Top Projects will spotlight the best building and construction projects delive[...]
VCU hopes to acquire Altria building in Richmond for $150M
Virginia Commonwealth University has signed a letter of intent to acquire Altria Group’s building in downtown Richmond for $150 million.
Electrical contractor plans $14M investment for Hanover facility
Rosendin plans a $14 million investment at the Lakeridge Logistics Center in Hanover County, creating 250 jobs.
Top Five: March 2026
1 | ICE eyes massive Hanover warehouse for processing facility Hanover County received a letter from Homeland Security confirming its intent to buy a 552,576-square-foot warehouse as a processing facility for detainees, though the owner later backed out of the sale amid vocal opposition from the public and county supervisors. (Jan. 23) 2 | Couple […]





















