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Riverside on the James, LL Flooring headquarters sell for combined $93M


Riverside on the James, LL Flooring headquarters sell for combined $93M
Mike Platania photos)
More than $90 million of out-of-town money swooped into the Richmond market in recent days to fuel a pair of sizable office building acquisitions.
Riverside on the James, an office and condo tower at 1001 Haxall Point, sold this week for $77 million, while the LL Flooring headquarters building at Libbie Mill Midtown at 4901 Bakers Mill Lane sold for $15.9 million.
Both deals were recorded with Richmond and Henrico this week.
Totaling 15 stories and 264,000 square feet, Riverside on the James was purchased by New York’s Opal Holdings. The seller was D.C.-based American Real Estate Partners, which bought the building for $63.7 million in 2011 from its original developer, Dominion Realty Partners. ....

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580-home development planned at old Henrico Plaza Shopping Center site


580-home development planned at old Henrico Plaza Shopping Center site
January 19, 2021 7
An aerial shot of the Henrico Plaza site, which has remained mostly vacant since its namesake shopping center was demolished in the mid-2000s. (
Courtesy of Spy Rock/Crescent)
The remnants of a shopping center from years gone by are setting the stage for new development at a busy Henrico crossroads.
Richmond developers Spy Rock Real Estate and Crescent Development are planning a multiuse development with 580 homes on the site of the former Henrico Plaza Shopping Center on Mechanicsville Turnpike just north of Laburnum Avenue.
Called Henrico Plaza, the 27-acre development would include 300 apartments, 115 townhomes, 165 age-restricted units and at least 13,000 square feet of commercial space. The buildings would fill the currently asphalt-covered site where the 1970s-era shopping center stood until it was razed in the mid-2000s, save for one remaining building that hous ....

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