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Norfolk’s Military Circle Mall headed for wrecking ball
Aging mall to close by end of year for 2023 demolition
Norfolk’s Military Circle Mall will close by the end of the year to make way for its demolition in the first quarter of 2023. The decision to close the mall came after Norfolk Economic Development Authority members toured the aging facility on Wednesday, Norfolk Economic Development Director Jared Chalk told Virginia Business. EDA members voted
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Mixed-use Richmond building sells for $5.7M
1510 Lofts has 17 apartments and ground-floor retail
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A mixed-use building in Richmond sold for almost $5.73 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Located at 1508 through 1510 W. Broad St., the 1510 Lofts has 10,600 square feet of retail and 17 one- and two-bedroom apartments that are 100% leased. Foot Locker leases 44% of the ground floor.
A diversified portfolio
Beach officials seek to expand city’s economic base
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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
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West Falls Church on track for $1.2 billion transformation
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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
Skanska tops out mixed-use building in McLean
Heming at 1800 Chain Bridge Road to be complete by fourth quarter
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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 structural feature of the building, a celebration referred to
Arlington’s The Millennium apartment building sells for $200.5M
UIP and Churchill Living bought the 300-unit property near Amazon's HQ2
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An affiliate of Washington, D.C.-based The UIP Companies Inc., in partnership with New Jersey-based furnished housing company Churchill Living, purchased The Millennium apartment building in Arlington for $200.5 million on Jan. 20, Arlington property records show. Located at 1130 S. Fair St., near Metropolitan Park — the first phase of Amazon.com Inc.’s HQ2 — the
JBG Smith breaks ground on two mixed-use towers in Arlington
Towers will have 775 rental units, nearly 27k SF of retail space
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Maryland-based developer JBG Smith Properties announced Tuesday that it had started construction on two mixed-use towers in National Landing. The multifamily towers, located at 2000 and 2001 S. Bell St., will bring 775 rental apartments and nearly 27,000 square feet of retail space to National Landing. “The start of construction at 2000 and 2001 S.
Breeden to develop $27M mixed-use project near RVA’s Diamond
Former Cobb Lumber site will feature apartments, commercial space
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Virginia Beach-based The Breeden Co. intends to build a $27 million mixed-use development, Duplex Station on Hermitage, on the former Cobb Lumber site near Richmond’s Scott’s Addition neighborhood and less than a mile from The Diamond ballpark, the company announced Monday. Located at 2300 Hermitage Road, the project is slated to include 142 apartments and
65 acres in Greene County sell for $4.55M
Merrit Greene LLC plans to use the land for mixed-use development
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Sixty-five acres in Ruckersville, in Greene County, sold for $4.55 million, Cushman & Wakefield | Thalhimer announced Monday. Merrit Greene LLC bought the acreage, located at 7070 Seminole Trail, from LAMM Properties LLC for future mixed-use development. John Pritzlaff and Jenny Stoner with Cushman & Wakefield | Thalhimer handled the sale on behalf of the
Charleston developer breaks ground on mixed-use building in Richmond
221 apartments to be built in Manchester neighborhood
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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