Richmond BizSense

1 day ago | richmondbizsense.com | Jonathan Spiers

With a free concert of local artists providing a sound check of sorts, the new Allianz Amphitheater at Riverfront officially opened this week and is kicking off its inaugural season this weekend. The 7,500-capacity venue on the Tredegar hillside ran out of tickets for its Sunset Soundcheck concert Wednesday evening featuring Richmond artists Andy Thomas, Deau Eyes and the Prabir Trio.

1 day ago | richmondbizsense.com | Jonathan Spiers

As another year’s due date comes and goes, the City of Richmond is throwing in the towel in its fight with VCU Health over $56 million in real estate tax payments that were tied to a failed downtown development. June 5 was supposed to be the deadline for the annual payments that the health system agreed to make over 25 years when it signed on to anchor the ill-fated redevelopment of the city’s old Public Safety Building site. But the city is no longer looking to collect.

2 days ago | richmondbizsense.com | Michael Schwartz

Richmond’s biggest commercial real estate brokerage has taken a big step in its ongoing leadership succession plan. Thalhimer last week hoisted Eric Robison into the role of president, a title he takes from longtime leader Lee Warfield, who continues as chief executive officer. Warfield had held the dual CEO-and-president role for nearly a decade and said relinquishing the latter to Robison is part of a gradual, years-in-the-making plan for the 530-person firm.

2 days ago | richmondbizsense.com | Jonathan Spiers

A church in eastern Henrico is looking to use its considerable land holdings to create a massive new community with about 1,000 homes. The Saint Paul’s Baptist Church is proposing an extensive mixed-use development on over 320 acres it owns on the south side of Creighton Road between Cedar Fork Road and Interstate 295. Called “City of Possibility,” the project would include over 600 apartments, 120 townhomes and detached rowhomes, nearly 50 cottages and over 150 houses.

3 days ago | richmondbizsense.com | Jonathan Spiers

Plans for a major mixed-use development at Innsbrook’s northern end are coming into fuller view. Henrico County last week approved development plans for North End at Innsbrook, a 22-acre project in the works at Nuckols Road and Interstate 295. Documents show the site would be filled with three buildings ranging in height from four to five stories, along with four single-story buildings that would form a “retail village” at the corner of Nuckols and Lake Brook Drive.