Please ensure Javascript is enabled for purposes of website accessibility

downtown Norfolk

Nov 27, 2023

Bonaventure acquires Norfolk apartments for $42M

Alexandria-based real estate company Bonaventure has acquired Monticello Station, a Class A apartment building in downtown Norfolk, for $42 million, the company announced last week.  The 121-unit building at 328 Freemason St. has one-, two- and three-bedroom apartments. S.L. Nusbaum previously owned the property, according to Bonaventure.  Bonaventure will rename the building Attain Downtown Eas[...]

Jun 6, 2023

Norfolk eyes $18M purchase of MacArthur Center mall

Read update: Norfolk City Council votes to buy mall Norfolk City Council will discuss acquiring the struggling downtown MacArthur Center mall for $18 million during a special meeting Wednesday. MacArthur Center is owned by Wells Fargo & Co., which holds the mall following a loan default by the mall’s previous owner, Connecticut-based Starwood Property Trust. […]

Jan 27, 2023

Norfolk’s MacArthur Center mall listed for sale

Downtown Norfolk‘s struggling mall, MacArthur Center, is officially on the market. A listing from real estate company JLL describes the 23-acre property as “a compelling redevelopment opportunity.” The listing encourages prospective buyers to “reimagine a major asset in the Norfolk [central business district] into a premier mixed-use development to include hotel, residentia[...]

Aug 9, 2022

Downtown Norfolk Council adds 2 execs

The Downtown Norfolk Council announced two leadership changes Monday. Rachel McCall has been promoted to vice president, from director of strategic initiatives. She has been with DNC since 2014 in a variety of roles, advancing the NEON District — Norfolk’s arts district — and other initiatives. In her new role, she will manage placemaking, oversee […]

Nov 12, 2021

New luxury apartments coming to downtown Norfolk

With $56.2 million in financing in place, Marathon Development Group’s Frank “Buddy” Gadams is ready to start work on “Gravity 400 Apartments,” in downtown Norfolk, Berkadia Commercial Mortgage LLC and Breeden Construction announced. Located at 400 Waterside Drive, the 273-unit high-rise apartment tower will be have studio, one-, two-, and three-bedroom floor plans, in a [&he[...]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.