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Peterson Cos. names president
Daniel McCahan, most recently chief operating officer of Madison Marquette, will become president of Fairfax-based real estate developer Peterson Cos. on Sept. 9. McCahan worked at Washington, D.C.-based real estate investment firm Madison Marquette for 13 years, first joining as a senior vice president. “We are pleased to welcome Daniel McCahan as president of Peterson […]
UPDATED: Richmond picks Diamond District development team
Updated Sept. 15 The city of Richmond announced Monday it has selected a joint venture including Richmond-based Thalhimer Realty Partners to build a new baseball stadium for the Richmond Flying Squirrels, as well as a mixed-use development surrounding the stadium, revitalizing the area into a new neighborhood to be known as the Diamond District. The […]
Carilion receives $1M gift for cancer program
Roanoke real estate developer Maury Strauss has donated $1 million in honor of his late wife to support the expansion of Carilion Clinic’s cancer program, Carilion announced Tuesday. Sheila Strauss died of bladder cancer in 2016; the couple were married 65 years. Maury Strauss is the founder of Strauss Development Corp. “We are so grateful […]
What will Amazon HQ2 look like? Arlington planners weigh in.
Arlington County Planning Division’s Site Plan Review Committee will review the layout and architectural design for PenPlace, the proposed second phase of Amazon.com Inc.’s East Coast headquarters, as well as the proposed public space, in its Monday night meeting. Meeting documents show the proposed layout of the Pentagon City site, which puts the would-be 354-feet […]
Henrico realty co. gains majority ownership of Ga. management company
Henrico County-based property development company McCann Realty Partners LLC now has a controlling interest in Georgia-based property management company Pegasus Residential LLC, the company announced last week. Financial details of the transaction were not disclosed. The two companies have been partners since Pegasus’ founding in 2009, McCann Realty Partners President and Managing Principal [...]
Charleston developer breaks ground on mixed-use building in Richmond
Charleston, South Carolina-based real estate development company The Beach Co. announced Tuesday that it had broken ground on a 1.65-acre mixed-use development in Richmond called Tidewater, which has an expected completion of spring 2023. Located in the Manchester neighborhood at 700 Semmes Ave., the six-story development will have about 266,854 square feet of apartments, about […]
Real Estate
J. SCOTT ADAMS REGIONAL PRESIDENT, VIRGINIA AND RALEIGH, NORTH CAROLINA, COLLIERS INTERNATIONAL GROUP INC., NORFOLK Asked to name one thing he’d change about Virginia, Adams says he’d like to see more collaboration between the commonwealth and North Carolina. Chances are that has at least a little to do with the fact that in fall 2020, […]
Fairfax real estate developer Milt Peterson dies
Real estate developer Milton V. Peterson, founder and chairman of the Fairfax-based Peterson Cos., died early Wednesday at his Fairfax County home at the age of 85. Peterson was known for developing major real estate projects across the Washington, D.C., metro area, including National Harbor in Prince George’s County, Maryland. “Milt would not accept ‘no’ […]
