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development

Jun 2, 2022

Carver Station to bring food hall, coworking space to RVA

Future Cities, the development firm behind the anticipated GreenCity development in Henrico County, has plans to renovate a historic substation in the Carver neighborhood of Richmond and turn it into a mixed-use development with a food hall, coworking space and micro retail. Carver Station, which will be located near Clay and Harrison streets, will span […]

May 19, 2022

‘Novel’ project will add 275 apartments to Scott’s Addition

Crescent Communities, ParkProperty Capital and Thalhimer Realty Partners are developing a 275-unit apartment community in a joint venture on the border of Richmond‘s fast-growing Scott’s Addition neighborhood and the city’s planned Diamond District. Dubbed “Novel Scott’s Addition,” the community will be located at the former Wesco Distribution Site at 2902 North[...]

May 19, 2022

78-unit apartment complex planned for Petersburg

A 78-unit apartment complex will be developed on a four-acre piece of land recently purchased in Petersburg, Colliers announced Thursday. Thalhimer Realty Partners purchased the High Street Land Development from Monroe Properties for $875,000, according to Colliers. Thalhimer will develop the apartments across two phases: With construction starting in 2023, the first phase will feature […]

May 10, 2022

Richmond names 3 Diamond District finalists

City of Richmond officials announced Tuesday that three development teams have continued to the finals for the Diamond District, which includes replacing the baseball stadium and revitalizing the area near the Scott’s Addition neighborhood. The announcement also gives more details than previously available about the plans submitted by the finalists, which include Richmond Community Developme[...]

The Virginia Aquarium & Marine Science Center is one of the many Virginia Beach attractions helping to drive the city’s $1.4 billion annual tourism industry. Photo by Mark Rhodes
Apr 28, 2022

A diversified portfolio

In a city where tourism reigns, nothing could be more welcome than a post-pandemic world. And though we’re not quite there yet, Virginia Beach is licking its chops over the prospect of maskless visitors pouring into town. The city, with fingers crossed in hopes that new coronavirus variants don’t arrive before the tourists do, is […]

Hoffman & Associates and EYA are scheduled to break ground in mid-May on a 1.4 million-square-foot mixed-use development in Falls Church. Rendering courtesy Falls Church Department of Community Planning and Economic Development Services
Apr 28, 2022

West Falls Church on track for $1.2 billion transformation

Developers are expected to break ground this month on the first of three mixed-use projects near the West Falls Church Metro station with a total investment of about $1.2 billion. Each piece comes together to complete a puzzle that will transform about 40 acres of vacant land, parking lots and Virginia Tech‘s Northern Virginia Center […]

Apr 7, 2022

Metro releases 10-year strategic plan for development

The Washington Metropolitan Area Transit Authority, which runs Metrorail and Metrobus, released its first-ever strategic plan for joint development on Thursday, announcing an ambitious initiative to bring in 26,000 new housing units in Virginia, Maryland and Washington, D.C. The document says that 40 Metro stations — including six in Northern Virginia — have more than […]

Mar 23, 2022

Richmond pares down Diamond District developer pool

Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels’ stadium. The city requested applications late last year for the 67.57-acre site, which would […]

Mar 16, 2022

Fairfax County developer John ‘Til’ Hazel Jr. dies at age 91

John T. “Til” Hazel Jr., a major force behind the development of Tysons Corner and several planned communities in Fairfax County in the late 20th century, as well as a significant booster of George Mason University, died Wednesday at age 91. An Arlington native, Hazel was also an attorney and graduated from Harvard University and […]

Jan 7, 2022

Breeden Construction hires marketing manager

Richmond-based Breeden Construction has hired Corbin Matacunas as the company’s marketing manager, Breeden announced Friday. Matacunas will be responsible for conceiving and executing marketing strategies and tactics that drive growth, in addition to working on brand development and messaging. “Corbin is results-oriented and highly collaborative, which makes him a strong cultural fit,” B[...]

Dec 17, 2021

The Meridian Group buys 277 acres in Winchester for industrial park

Bethesda, Maryland-based real estate investment firm The Meridian Group has purchased 277 acres of land in Winchester along Insterstate 81 and has plans to develop an industrial park on it. The purchase price of the land was not disclosed and is not yet available from public land records. The Meridian Group acquired the property this week […]

A new Pentagon City master plan aims to increase density through new requirements on property owners. Photo by Will Schermerhorn
Nov 29, 2021

Pentagon City plan aims for higher density

A major study that will shape the future of Pentagon City is entering  its final stages. The Arlington County urban village has grown from empty fields and warehouses in the 1950s to become one of the Washington, D.C., area’s busiest neighborhoods. With construction plans now under community review for Amazon.com Inc.’s HQ2, Pentagon City is […]

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