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Housing and Renting
The roof-over-head fights.
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Norfolk secures favorable rate on $3.61 million bond issue for infrastructure projects
2+ day, 15+ 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…...
New rent-controlled housing development aims to ease Norfolk rental shortage
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,…...
Norfolk Shop Condos reaches milestone, construction set to begin on phase 2
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…...
Stanley Martin Homes Advances Norfolk Redevelopment Initiative Following Rezoning Approval
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…...
Public Records: S.L. Nusbaum commits to another 10 years in downtown Norfolk; Virginia Beach hotel portfolio sells
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…...