From Richmond BizSense:
As UMFS prepares to develop the fields that face W. Broad Street in front of its campus, an adjacent property is also set to be redeveloped.
After letting a 5-acre former state agency headquarters sit idle along West Broad Street for more than two years, a Virginia Beach developer is jumpstarting its plan for a mix of apartments and commercial space on the site.
Kotarides Cos. plans to launch construction in the fourth quarter on its revamp of the old Department of Game and Inland Fisheries offices at 4000, 4010 and 4016 W. Broad St.
Plans call for the existing buildings to be razed and replaced with three four-story buildings that will include 238 apartments and some ground-level retail – although Kotarides development manager Danny Blevins said the amount of commercial space is yet to be determined.