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RiverYuppy

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Everything posted by RiverYuppy

  1. RiverYuppy
    After doing a bit more research into trying to find out who the descriptive "2928 North Ave LLC" is, I found it is Canvas Development. The PO Box that is listed on the contact address for the property is the same as for 2916 North Ave. Here is a Richmond Bizsense article talking about Manchu moving into 2916 North Ave. It states that Canvas Development was the developer who renovated and rented the property to Manchu. It also looks like Canvas Development is doing some work in Byrd Park, which makes me hopeful that they'll do something with the Brookland Park & North Ave building soon. EDIT: I talked with one of the reporters at RichmondBizsense and it appears the buyer of both properties is now the same developer that has done a lot of work on Brookland Park. So I'm hopeful something will be done soon.
  2. RiverYuppy
    It looks like the building at the corner of Brookland Park & North Ave just sold. Along that corridor, it along with the Theater and Bank building are the three most prominent buildings. All essentially sit empty right now. The bank sits in legal limbo with a lawsuit between the city and the person they gave it to for redevelopment. The theater was purchased by a developer who has redeveloped a few buildings already and broke ground this month on converting a self-serve carwash to a mixed use commercial & residential project. The building at Brookland Park & North Ave was home to a convenience store and a shoe repair shop. The convenience store is there no longer. I wonder which of the three will be first to be successfully redeveloped and what will go there‽ I think that plus the opening of the new mixed-use development will be a real milestone for the area.
  3. RiverYuppy
    The warehouse that was planned near the raceway is coming along and pretty massive.
  4. RiverYuppy
    It looks like the 711 Dawn project is being slightly reduced. I still think it's an ambitious plan considering where it's going. The VUU/Chamberlayne and Diamond areas are the only two large undeveloped sections of the city left. While it may not be the largest development, I'm still surprised to see it going where it is. Hopefully it spurs newer and larger developments in the area.
  5. RiverYuppy
    A firm can always subcontract. I would assume financing to be a larger issue. For example, let's say some group is willing to throw down big to build a ballpark, shopping, and apartments with shared structured parking or other connections where it would be hard to do if there are individual projects. They could then hire a firm with experience building ballparks to build the ballpark. For example, the arena front he Navy Hill project that was so connected to retail, the hotel, office space, etc. I couldn't imagine it would be as feasible with multiple firms doing individual projects. If someone says they'll go big or go home, I hope we choose to go big.
  6. RiverYuppy
    Richmond Bizsense reported on 711 Dawn March 3rd 2021. I wonder how long before they actually break ground. It's a project I'm specifically very excited for because it's pretty close to my home. Another one I'm excited for is the mixed use project on Brookland Park. which looks like they broke ground on one of the lots today! I'm excited to see what retail ends up going in there.
  7. RiverYuppy
    I've noticed a small change since the new year that I think tells a lot about the upcoming year. In 2021 and previous Richmond BizSense generally did 3 stories per day. In 2022 so far they're doing 4! Not only does that mean more interesting things for us to read but also their prognostication that there are going to be more things for them to write about in 2022!
  8. RiverYuppy
    There is a site up with renderings of the condos across from Hardywood. It looks pretty great. Also prices starting over $500k. If the market really takes to that, I think that will really propel demand for development in the area.
  9. RiverYuppy
    One gas station on the corner of the Lowe's lot was sold and is being turned into great apartments. The gas station on the other corner is for sale. I'm hoping we can have a repeat!
  10. RiverYuppy
    I feel like RTD and RBS catfished me. It's like women tell me about on the dating apps. Guys will put in their profile that they're 510', but when you meet them in person they're really 425'. Then if you're 410' and on some hills/heels you're still taller than them. Anywho, the CoStar HQ is still a great addition. It's going to bring a lot of well paying jobs and accelerate residential development in the city.
  11. RiverYuppy
    I reached out to the Richmond BizSense writer (they're all so great!) and he responded that the development is still "100 percent" on and they're just advertising a small lot near the road for a restaurant.
  12. RiverYuppy
    It looks like the Henrico Plaza project might fall through. There was a great 580-home development planned at old Henrico Plaza Shopping Center site. However, I noticed the site for the planned redevelopment popped up on loop net.
  13. RiverYuppy
    I'm glad they got the rezoning through, but I hope they don't sit on it for years. There are quite a few things I would like to see started too. VUU has yet to break ground on the motel site. A proposed mixed use near Tabol brewing right off the Chamberlayne corridor has yet to take off. They haven't even started demolition. No ground has been broken on the townhomes proposed for south Highland Park. The old building on that land has yet to be demolished either. A mixed use project on Brookland Park Blvd has yet to break ground. Also the old theater and bank on Brookland Park continue to sit abandoned with no announced work to be done. I really hope these things actually go through. There are also a slew of properties up for sale on Lombardy near Chamberlayne. There is also one of the most prominent properties on Brookland Park for sale. I would love to see something new announced at one of these properties.
  14. RiverYuppy
    This looks like something straight out of Short Pump. The Canes is front AA but that's because they're expecting everyone to go through the drive thru. It looks like there is another drive thru on the southern tip of the plan. It will be interesting to see what type of stores go there considering the flagship is a Canes...
  15. RiverYuppy
    Here is the Richmond BizSense article on it. Yeah, two of the bump outs removed were in front of fire hydrants. Most people in the neighborhood including the businesses in front of one of them didn't even know they were going to be removed.
  16. RiverYuppy
    TRP to build 7-story apartment building across from the Diamond This is just WOW! Hermitage is about to be such a different road.
  17. RiverYuppy
    Building at corner of Brookland Park and North Ave lists for $1m on LoopNet. There was a fairly crappy convenience store that occupied the majority of the ground floor there. Other than the theater, it is the building with some of the largest square footage on the Brookland Park Corridor. I hope it gets put to good use for something. Also a new hair salon opened at the corner of BPB and Garland. Their Instagram unfortunately doesn't show off the outside, but it shows off the cool chic inside which is highly visible because of the large windows. Additionally, another lot on Lombardy near Chamberlayne went up for sale.
  18. RiverYuppy
    I was checking out the Richmond BizSense commercial property reporting KCG Development purchased 12.27 acres right next to where that development is going. Their website shows they do a lot of mixed-income and affordable housing. I think this project can go either way, but it would be nice to see one on the Richmond side of the border go well.
  19. RiverYuppy
    I really hope the demand for Breeze continues to increase and they can increase their flights. I have a trip to NOLA and would have loved to go with them, but the days and flights just did not line up so I had to go with Delta & a layover in Atlanta.
  20. RiverYuppy
    Is it me or does development news feel slow when Richmond BizSense highlighted story of the day is an eye glass store going in Short Pump mall? On a related note though, I really wish we had a shopping district in the city where stores like Warby Parker could go instead of Short Pump.
  21. RiverYuppy
    Walmart did have a Walmart On Campus on Grace Street that was an urban shop. It was a part of a deal with VCU. Unfortunately it only lasted a few years though. But it shows that big box stores are willing to take chances in urban areas even as small as RVA. While I'm not sure RVA will get a style target they have in 1st tier cities, I think as part of a larger Diamond RFP/development plan we could get one that is transit oriented and with a minimal surface level parking footprint. Even if it isn't exactly the type of store we want, it being in the city is going to help encourage more of the dense development that we want. EDIT: Forgot to mention that Ikea would be another good option. They generally have a parking garage and I've seen them outside of 1st tier cities.
  22. RiverYuppy
    I wonder who will take the old UPS building on Broad that was converted into an office. It's for sale on LoopNet. There was a tech company that bought it and renovated it into a pretty cool office. They purchased it in 2015 for $812k. I'm guessing they went completely remote and are trying to unload it. At $5.1m it will be interesting to see who grabs it.
  23. RiverYuppy
    I would have liked to see the building rehabbed, but a $53m mixed-use building right there is amazing. It really sets down a stake on the other side of the train tracks as a place to be rather than fringe city apartments. I'm hoping between this area and the Chamberlayne/VUU area we'll start to see some Manchester level development. They're sandwiched between Battery/Ginter Park, Seminary, Bellevue, The Fan, and Scott's Addition. So with all the development going in them, and the established neighborhoods surrounding them, I think they are primed to blow up. I would really love to see an anchor project that draws people from the surrounding neighborhoods into it. Especially something that would generally draw people out of the city, like a Target, Best Buy, WalMart, etc. I know big box stores aren't sexy like mixed use SA developments, but I think one being placed in the city would really be a sign of Richmond shifting even more away from being a commuter city. I think the Diamond or Chamberlayne areas are central to a lot, starting to develop, and still have easy developable land for such a project.
  24. RiverYuppy
    They pretty much linked it to the Navy Hill project. Why would they build it downtown rather than Henrico now?
  25. RiverYuppy
    RTD posted some cool graphs that show the RVA and area real estate markets. The increase in real estate valuations has made it economical to renovate a lot of the abandoned houses in my area. It also helps pad the city's tax coffers and increase demand for local businesses in the neighborhood as the total expendable income increases from more people being in the area.
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