Monroe Ward News Today

"I would imagine -- 'I wish I had enough money to bring that back to life,'" Canada recalled. "'That is beautiful architecture. Why doesn't someone see it?'"

Oh how times have changed. Or have they? Take a glance at local stories from years past.

The new 5-story development would replace a trio of vacant one-story buildings on a quarter-acre lot directly across from the Hull Street Public Library.

The firm, in addition to taking a minority ownership stake, is also now asset manager for the 73-room Ukrop family-owned boutique hotel.

As 2023 draws to a close, in its rearview mirror are multiple announcements for massive, consequential developments in the Richmond region. 

In reality, the money at stake supersedes all else. This business is so profitable that there are no tax incentives attached to the project, or other government subsidies, which means there are no real clawback mechanisms if the casino developers fail to deliver what’s been promised. It boils down to a simple question: Is it worth the risk?

After more than a decade of steadily acquiring properties in Richmond, the D.C.-based firm recently found itself on the selling-side of the negotiating table for one of its downtown buildings. 

Mercer Street Partners, whose other local deals have been for apartments and a stake of Common House social club, now has a small downtown office building in its portfolio.

The building became available when Senior Connections moved to Manchester. Daily Planet will use it to expand its dental services.

Wells Fargo has confirmed it will axe three more branches by November amidst a widespread banking bloodbath.