Hourigan Development News Today

In the face of rising interest rates, the combined price tag of the 10 biggest real estate deals in the region this year was $759 million. That's down more than 36 percent compared to last year's list. 

The pending deal was confirmed this week by Mark Motley, whose businesses own the nearly 6-acre parcel and recently picked up a warehouse at a Southside industrial park.

The sale comes about a year after Hourigan sold the largest piece of its Deepwater Industrial Park to a different buyer for $128 million.

The firm that wants to develop a new technology park north of eastern Henrico County’s White Oak Technology Park says investment by data centers and advanced manufacturing operations there could exceed $1 billion.

The firm that wants to develop a new technology park north of eastern Henrico County’s White Oak Technology Park says investment by data centers and advanced manufacturing operations there could exceed $1 billion.

A proposed change to rural zoning rules is rejected in Chesterfield, Richmond names its next top cop and a longtime Hanover official retires.

Rushing to get to their August recess, City Council spent less than 90 minutes passing more than 40 pieces of mostly routine legislation that largely involved approvals of special use permits for development and authorizations for future transportation projects.

Chesterfield supervisors weigh new residential development rules for the county’s rural areas, and Petersburg hires a new planning director.

The 1.2 million-square-foot industrial facility sold for $106 a foot to a California-based REIT. It’s the second biggest real estate deal in the city this year.

Upon demolishing the old silos later this year, Hourigan Development is planning to construct what will be among the tallest residential buildings to be built in the city in recent years.