Greenberg Gibbons recently broke ground today on Midtown64, a $500 million, 46-acre mixed-use destination in Henrico County, located just outside of downtown Richmond, Virginia, on the former Genworth Financial headquarters campus.
Hospitality industry leader Shamin Hotels is a joint-venture partner in the project. The two-million-square-foot, mixed-use development will include up to 130,000 square feet of retail, restaurant, and entertainment space. The property will be anchored by a grocery store and a new-to-market fitness concept.
Midtown64 will also feature up to 300,000 square feet of Class A office space, a residential community with nearly 1,000 apartments, 194 townhomes built by Lennar, and a 226-room dual-branded hotel, including Tempo by Hilton.
“Breaking ground on Midtown64 is an exciting milestone that brings to life our vision to create a first-class, mixed-use destination to serve Henrico County and the greater Richmond region,” said Eric Walter, President of Greenberg Gibbons.“
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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