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Newsbites: Announcements, awards and other briefs for 8.19.14

Newsbites: Announcements, awards and other briefs for 8.19.14

Brandy Brubaker August 19, 2014 0

Awards, announcements and news tidbits from across local industries, including nonprofits, construction, law, education and more.

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Solar subdivision rises in the East End

Solar subdivision rises in the East End

Brandy Brubaker August 18, 2014 6

A residential developer is building a new neighborhood near Rocketts Landing with an amenity few can boast: every house in the subdivision will be powered by the sun

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NoVa, West End to get taste of Sugar Shack

NoVa, West End to get taste of Sugar Shack

Michael Thompson August 15, 2014 0

A Richmond donut shop’s expansion continues as it heads to a former West End gas station and north toward the Beltway thanks to a deal with a state politician

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High demand turns builder into developer

High demand turns builder into developer

Brandy Brubaker August 15, 2014 0

A busy townhouse market has one local building company owner expanding his operations on a nearly 50-home community in Henrico County.

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Restaurant duo doubles down on Main Street

Restaurant duo doubles down on Main Street

Michael Thompson August 14, 2014 0

Two local restaurant owners are expanding their business with a new concept launching soon in Shockoe Bottom. They also have plans to expand in California with help from a Richmond native and NBA player

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Trip to the beach sparks Richmond merger

Trip to the beach sparks Richmond merger

Michael Schwartz August 13, 2014 0

A chance encounter helped kindle the deal between a downtown financial firm and a buyer in North Carolina

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Buyers spend big on local pharmacies

Buyers spend big on local pharmacies

Burl Rolett August 12, 2014 0

Two Walgreens drug stores sold in July for a combined $15 million, evidence of the high demand and price tag for real estate with a dependable single tenant

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Owner plans to revamp foreclosed apartments

Owner plans to revamp foreclosed apartments

Burl Rolett August 12, 2014 0

A Maryland real estate company focused on turn-around projects bought an 11-acre Northside complex for $4.6 million with plans to get occupancy on par with other nearby apartments.

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Demand meets supply in Scott’s Addition

Demand meets supply in Scott’s Addition

Burl Rolett August 12, 2014 1

The first leg of a new Scott's Addition apartment project is already fully leased before finishing construction, a promising sign for the developers that have invested millions in revamping the industrial neighborhood.

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Another out-of-town bank is hot for Richmond

Another out-of-town bank is hot for Richmond

Michael Schwartz August 12, 2014 0

Chesapeake-based Monarch Bank is expanding in Richmond with the addition of a commercial lending veteran, demonstrating banks' continued hunger for Richmond revenue.

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