Richmond

VCU Breaks Ground on $168M Children’s Medical Pavilion

Virginia Commonwealth University Health System broke ground Sept. 10 on a $168 million children’s medical center in Downtown Richmond that officials say will be the largest, most advanced facility of its kind in the region. Completion is scheduled for 2015.

Comcast-Spectacor Unveils Proposal for $350M Arena

A group led by Comcast-Spectacor L.P. wants to bring a $350 million oceanfront arena to Virgina Beach.

DRA Buys Richmond Assets as Part of $298M M-F Deal

Two West End apartment complexes have changed hands as part of the largest multi-family portfolio sale so far this year. Dominion Creekwood and Dominion West End accounted for about $80 million of a deal that closed on June 28.

Norfolk’s Wainwright Building to Get $40 Million Makeover

For 83 years, the Wainwright Building has been a fixture in Downtown Norfolk. After recent run of legal problems and a change of ownership, the nine-story medical office building at 229 West Bute Street is poised for a new lease on life.