2+ day, 14+ hour ago   (574+ words) The City of Norfolk has sold $3.61 million in general obligation bonds to fund street, water and sewer improvements, attracting strong interest from institutional investors and securing borrowing costs well below authorized limits. The bonds were sold Aug. 27, with five institutional…...

1+ week, 3+ day ago   (656+ words) Construction has begun on Benjamin Villas, a new rent-controlled, tax-credit housing project that will bring 28 new units to Norfolk. This is one of the new duplexes being built for the ongoing Benjamin Villas project. Construction is underway on Benjamin Villas,…...

2+ week, 3+ day ago   (707+ words) The phase 2 development is expected to take about four to five months to construct once work begins, although co-developer Bryce Hinrichs said the exact timeline remains uncertain as details are still being finalized. The second phase will add 16 units to…...

2+ week, 4+ day ago   (186+ words) Aerial View of Granby Street + Stanley Martin Homes Norfolk Redevelopment, Lafayette Row Subject to final site plan approvals, Stanley Martin Homes plans to develop Lafayette Row, a townhome community featuring homes ranging from approximately 1,943 to 2,150 square feet. The homes are…...

3+ week, 6+ day ago   (1425+ words) Cushman & Wakefield | Thalhimer Industrial Realty Group LLC purchased a 100,160-square-foot industrial/distribution building on 13.95 acres at 1401 Progress Road in Suffolk from Berry Plastics Design LLC for nearly $5.6 million as an investment. Geoff Poston and Taylor Anderson represented the seller. Property…...

1+ mon, 3+ week ago   (1305+ words) John Lee Hoich and other partners cut the ribbon at a ceremony on Wednesday. Bill Harvey (from left), owner of Big Red Keno; Spencer Lombardo, PURE Property Management; Kaleb Blythe, partner; John Hoich, owner and developer; and Jenny Hausmann, property…...

2+ mon, 2+ week ago   (94+ words) The typical home value in the United States was $368,720 in May, 0.8% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of June 11, the Stacker compiled a list of cities with the most expensive…...

3+ mon, 2+ week ago   (423+ words) Richmond-based real estate professional Ben Roper was recognized in connection with the opening of The River Apartments, a new luxury multifamily development helping meet rising housing demand in one of Central Virginia's fastest-growing corridors. RICHMOND, VA / ACCESS Newswire / May 25, 2026 / Richmond-based…...

4+ mon, 3+ week ago   (551+ words) More than 150 units at a Norfolk public housing complex are unoccupied, vacancies that if unaddressed could threaten the federal funding the city’s public housing authority uses to operate, according to housing authority leaders. The vacancies have been increasing for months....

4+ mon, 3+ week ago   (521+ words) NORFOLK, Va. — More than 1,200 people packed into Wednesday’s State of the City address, where Norfolk Mayor Kenny Alexander laid out a sweeping vision for growth — from shipbuilding to housing to major redevelopment projects across the city. The crowd included business…...