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Real Estate

Apr 11, 2022

Henrico shopping center sells for $13M

Gold’s Gym Plaza in Henrico County has sold for $13 million. The 124,275-square-foot shopping center at 8900 W. Broad St. has five buildings of retail and is 100% leased. Anchors Regal Cinemas and Gold’s Gym have occupied space at the property for 40 and 19 years, respectively. Charlottesville-based Seminole Trail Annex LLC bought the property […]

Apr 11, 2022

Bon Secours medical center in Chesterfield County to expand

Bon Secours St. Francis Medical Center in Chesterfield County, near Midlothian, will undergo a $108 million renovation and expansion and Skanska USA will do the work on it. The construction will include renovations to existing spaces and adding two floors above the existing surgical department on the second floor, according to S[...]

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[...]

Apr 4, 2022

Va. Beach shopping center sells for $8.5M

A shopping center near Lynnhaven Mall in Virginia Beach has sold for $8.5 million. The Lynnhaven East and North Mall Shops, at 2701 and 2704 N. Mall Drive, have been sold by Rialto Capital Partners, but the buyer has not been disclosed, according to Colliers. The property has 106,524 square feet and more than 96,000 […]

The 82.5-acre Richmond site where Bally’s Corp. had proposed building a casino is being marketed with a larger adjacent property in Chesterfield County. Photo courtesy S.L. Nusbaum Realty Co.
Mar 30, 2022

Richmond casino sites are up for grabs

With a future casino at least temporarily off the table in Richmond, two of the three land parcels that hopeful developers had been eyeing as future casino sites are back on the market, while the third will remain a movie theater. In spring 2021, city officials selected Urban One Inc.’s proposal to build a $565 […]

A planned $200 million redevelopment at Virginia Beach’s Pembroke Mall will include a five-story, 314-unit apartment building. Rendering courtesy Kahler Slater
Mar 30, 2022

Pembroke Mall to get makeover

Hanging out at the mall may soon take on new meaning in Virginia Beach. Within a few years, Pembroke Mall could be home to thousands of apartment dwellers as part of a $200 million makeover of the vintage 54-acre retail property announced in November 2021. “All we’re doing is changing with what the customer desires,” [&hel[...]

Mar 30, 2022

Remembering John T. ‘Til’ Hazel Jr.: 1930-2022

John T. “Til” Hazel Jr., a major force behind the development of Tysons Corner and several Fairfax County planned communities, died March 16 at age 91. An Arlington native, Hazel also was an attorney who graduated from Harvard University and Harvard Law School. In the 1950s, Hazel began promoting commercial and residential g[...]

Mar 30, 2022

Hitting a brick wall

Casey Renner has worked in four states over the course of her teaching career, and she’s never liked a school more than Arlington County’s Wakefield High School, where she teaches science and special education. But she has also never had as much difficulty finding housing near work as she has during her 17 years teaching [&h[...]

Mar 30, 2022

New SVP for HR joins The Branch Group

Roanoke-based The Branch Group Inc. has hired Tina Pfalzgraf as senior vice president for human resources, the company announced March 28. Pfalzgraf’s first day was Monday. She will be responsible for leading human resource initiatives for the company, and will serve on its executive leadership team. Pfalzgraf has more tha[...]

Mar 30, 2022

Ex-Roanoke Times press building to become apartments

Another former newspaper building will be turned into apartments. The former Roanoke Times press building, located at 120 Salem Ave. in Roanoke, sold for $2.2 million. BH Media Group Inc. sold the 51,087-square-foot former press production facility to Belleview Investments LLC as a redevelopment property. A restauranteur shared [...]

Mar 29, 2022

Skanska tops out mixed-use building in McLean

Heming at 1800 Chain Bridge Road, a 28-story mixed-use building in McLean, has now been “topped out,’  Skanska announced March 23. Representatives from Skanska, CallisonRTKL, IMEG Corp., and Skanska’s construction partners commemorated the construction milestone  by signing a steel beam and placing it at the highest [...]

Mar 29, 2022

Hilton Richmond Downtown completes multimillion-dollar renovation

Hilton Richmond Downtown’s multimillion-dollar renovation is complete, New Orleans-based management company HRI Lodging LLC announced March 24. The renovation includes a new lobby bar and lounge and hybrid meeting space, as well as updating the fitness center, indoor pool and guest room bathrooms. The 250-room Hilton Richmond [...]

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