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Real Estate

Firms compete for plan to reimagine Fort Monroe
Jan 28, 2026

New York firm selected to create Fort Monroe master plan

Hargreaves Jones has won a $1.8 million contract to develop a plan to shape the future of 565-acre Fort Monroe.

Aerial view of the 43-acre site A. Duie Pyle purchased within the 5 million-square-foot Port 460 Logistics Center. Photo courtesy A. Duie Pyle
Jan 27, 2026

A. Duie Pyle buys Suffolk land for $24M, plans logistics campus

Transportation and logistics company A. Duie Pyle has purchased a 43-acre site at the Port 460 Logistics Center in Suffolk for $24 million.

7201 Wimsatt Road in Springfield. Photo courtesy Boosalis Properties
Jan 23, 2026

B2B distributor signs 96K SF lease in Springfield

A national apparel and promotional textiles distributor leased 95,598 square feet at the Robinson Terminal complex in Springfield.

Statewide home sales, inventories rose in November
Jan 23, 2026

Virginia sees home sales increase in December

Virginia Realtors reports that 8,482 homes were sold throughout Virginia in December 2025, a 13.2% increase from November 2025.

The former Dominion Energy tower at 707 E. Main St. in Richmond. The building is being repurposed to include a hotel and multifamily housing. Photo courtesy Douglas Development
Jan 22, 2026

Former Dominion Energy tower in Richmond getting $158M makeover

The former Dominion Energy tower in downtown Richmond is undergoing a $158 million transformation that will result in a hotel and housing.

A "For Sale" sign stands at a house in Miami, Florida, U.S. April 16, 2025. REUTERS/Marco Bello
Jan 16, 2026

Trump plans to allow 401(k) withdrawals for home down payments

WASHINGTON, Jan 16 (Reuters) – The Trump administration plans to allow investors to use some of their retirement funds to make a down payment on a house, White House economic adviser Kevin Hassett said on Friday, adding that more details will be released next week. “We’re going to allow people to take money out[...]

Rob Norton, president of Cordish Gaming Group, was on hand for a media preview of the Live! Casino Virginia temporary venue in Petersburg, set to open Jan. 22, 2026. Photo by Jay Paul
Jan 15, 2026

Petersburg casino preview features 900+ slot machines

A temporary casino with 900 slot machines and 30 table games – but still no poker or a sportsbook – will open in Petersburg on Jan. 22

Rendering of multi-use project which would include 450 apartments and commercial space. Image courtesy Fairfax County
Jan 9, 2026

Developer plans 450 apartments, retail in Fairfax

Falls Church-based Eakin Properties, a family-run real estate development and investment firm, is moving forward with plans to develop 450 apartments and 30,000 square feet of retail space in Fairfax County's Seven Corners area.

A rendering of the proposed Potomac Overlook project in Rosslyn. Image courtesy Quadrangle Development
Jan 9, 2026

Developer unveils mixed-use project at Arlington’s former Key Bridge Marriott site

Quadrangle Development unveiled plans to develop a 1,775-unit residential project with a hotel on a 5.5-acre property in Rosslyn.

Riverside Smithfield Hospital officially opened its doors to patients in January 2026. Photo courtesy Riverside Health
Jan 7, 2026

Riverside opens $300M hospital in Smithfield

Riverside Smithfield Hospital officially opened its doors to patients on Tuesday, giving the region a 24/7 full-service emergency department.

Real Estate and Construction: Stagnant with some silver linings
Jan 5, 2026

Virginia housing market slowed in November

There were 7,492 closed sales across Virginia in November, 361 fewer than in November 2024, representing a nearly 5% decline.

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin
Dec 31, 2025

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to Washington County. Gov. Glenn Youngkin, Ardent Development Group owner Jerome Malinay and others attended an Oct. 21, 2025, groundbreaking for the roughly 325-home Sunny Valley subdivision. “Housing’s very much needed … [...]

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