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$6M land deal telegraphs apartment project near Virginia Center Commons – Richmond BizSense

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M land deal telegraphs apartment project near Virginia Center Commons – Richmond BizSense


A rendering of the apartment building planned at 10551 Telegraph Road near Virginia Center Commons. (Image courtesy Poole & Poole Architecture)

An apartment development that’s set to add hundreds of units near the transforming Virginia Center Commons site is underway following a multimillion-dollar land deal that’s been over a year in the making.

Bristol Development Group has started construction on a five-story, 279-unit apartment building at 10551 Telegraph Road after paying $6 million for the 3.3-acre parcel in a deal that closed last month.

The seller was Mohawk Investment Partners LLC, which purchased the undeveloped pad site in 2022 from National Financial Realty Holdings, the owner of the adjacent Colonial Place office park. Bristol’s 7-acre project includes part of the office park property.

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The July 12 closing came 10 months after Bristol secured approval from Henrico County for a revised version of the project that it first proposed last summer. The revised plan works off a smaller footprint that provides more open space on the property, which is within the form-based overlay district that Henrico has established for the VCC area.

That area includes the former mall site, which Rebkee Co. and Shamin Hotels are redeveloping with restaurants, hotels and hundreds of apartments, condos and townhomes. The redevelopment is anchored by the Henrico Sports & Events Center, which the county opened last fall.

It was the overlay district that prompted Mohawk to market the pad site for multifamily development, said Thalhimer agent David Smith, who brokered the deal for Mohawk and has worked with Bristol on its other developments in metro Richmond.

David Smith

David Smith (Photo courtesy Thalhimer)

Smith said the site had been meant for a third office building but was never developed before Mohawk purchased it from National Financial, which had bought the three parcels that make up the office park the previous year in separate deals totaling nearly $25 million. County property records show it sold the pad site to Mohawk for what it paid for that parcel: $50,000.

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“This was a pad-ready office site that really became a multifamily site, and that was a good thing for the owner and in this case also a good thing for Bristol,” Smith said.

“It was the overlay that enabled us to build multifamily, and in particular, multistory multifamily, so in essence the deal was already zoned,” he said. “We went to market with that, and that was obviously very attractive to the parties we marketed it to.”

Smith said he marketed the site to five or six development firms that were identified as viable contenders, including Bristol.

“At the end of the day, Bristol did win the contest, but that wasn’t for any other reason than they just made the best proposal and came up with some of the very best ideas to launch a development transaction,” Smith said. “It was a very, very tough deal. But everybody pulled together and we got it done.”

The 303,000-square-foot apartment building will front Telegraph Road and wrap around a central courtyard with community amenities. A dog park, pocket park and additional courtyard are planned beside the building, along with 339 parking spaces.

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TelegraphRdApts2

The building would wrap around a central courtyard and include additional amenities beside it. Additional parking to the south is not shown. (County documents)

The one- and two-bedroom apartments will range in size from about 450 to 1,230 square feet. Rents have not been announced.

Fortune-Johnson is the general contractor for the apartments, which are scheduled for completion in June 2026. Poole & Poole Architecture is designing the project, and Timmons Group is handling engineering work.

The project is the seventh for Bristol in the Richmond market. The Tennessee-based developer’s other area projects include Tapestry West in Henrico’s Westwood area, The Canopy at Ginter Park in the city’s Northside, Artistry at Winterfield in the Midlothian area, and 2000 West Creek in Goochland. Each of those properties was later sold to Capital Square, a Henrico-based real estate firm.

Bristol’s latest local development, The Collective West Creek, opened last year. The $75 million, 335-unit complex is off Patterson Avenue at the southern end of West Creek Business Park.

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In other VCC area news, Henrico’s Economic Development Authority announced last week it has purchased The Crossings Golf Club for $3 million as part of a public-private partnership to enhance the public course in a bid to keep PGA Tour Champions tournaments in Henrico after 2025, when the Dominion Energy Charity Classic is set to lose its title sponsor and host venue.





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Virginia Beach to spend $1M on positive ad blitz following shootings, curfew

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Virginia Beach to spend M on positive ad blitz following shootings, curfew


Atlantic Avenue Association hopes to attract locals with “Own the Beach”

VIRGINIA BEACH, Va. (WAVY) — People living in or near cities like Washington D.C., Charlotte, Philadelphia and Pittsburgh could soon be seeing a fresh batch of advertisements promoting the Oceanfront resort.

Tuesday, City Council voted unanimously to spend $1 million to fund the SURGE campaign. It’s an immediate ad blitz designed to combat any negative sentiments potential visitors may have garnered by recent events, according to Deputy City Manager Amanda Jarratt.

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Saturday night shootings in March and April left total of 14 people injured at the resort. As a result, City Council instituted an all-ages curfew at 9:30 p.m. for weekends — later overturned — that business owners said effectively turned off the city’s economic engine and communicated an unwelcoming message.

Jarratt said the campaign looks to leave all that in the past.

“Over the last few weeks, unfortunately, we’ve experienced several issues that have potentially have negative impact on our perception and reputation,” Jarratt said. “And so this is a concerted effort to actively reinforce our family-friendly brand and maintain focus on increased visitor tourism for this 2026 resort season.”

The city’s Convention and Visitors Bureau will focus on “the drive and fly markets” in proximity to Virginia Beach, with digital media placements with streaming services and online travel platforms.

The city hasn’t tracked an overwhelming negative reaction to events this spring, Jarratt said, but “felt it best to be proactive.”

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“While there may be some concern over gas prices, certainly airline prices have increased as well, … we feel like more individuals are going to be traveling domestically, and we want to ensure that they are visiting the city of Virginia Beach,” Jarratt said.

The money for the ads comes from the Tourism Advertising Program Special Revenue Fund. Traditionally $11.4 million each year is spent on marketing, according to Jarratt. She points to the $2.6 billion in 2024 visitor spending as return on investment.

“I think it’s terrific,” said George Kotarides, owner of Dough Boy’s Pizza. “I applaud them for doing that. But we’re hoping that we can move into a more localized campaign in conjunction.”

Saturday, the Atlantic Avenue Association has organized “Own the Beach.” Kotarides, who founded the association, helped to organize the effort out of concern for the resort’s reputation in the region following the last two months.

“It’s quiet, you know? It’s not as active as it normally is,” Kotarides said. “So we’re hoping that this creates a little bit of energy.”

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Own The Beach is a campaign where, so far, nearly 60 businesses have agreed to offer $10 deals on Saturday.

“We got amusements, attractions, dessert and sweets, restaurants, bars, parking, there’s a couple parking lots offering $10 all day parking, so there’s a lot of different businesses that are participating,” Kotarides said.

He called it a pilot program, of sorts, to see if it attracts locals for a day.

“We just need to take this as an opportunity, really, to start fresh and do something new and different and try to make a little lemonade out of lemons, if you will, and get people together, get the community together,” Kotarides said.

To read a complete list of deals from participating businesses click here.

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Virginia Sen. L. Louise Lucas has been vocal advocate for marijuana legalization

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Virginia Sen. L. Louise Lucas has been vocal advocate for marijuana legalization


PORTSMOUTH, Va. (AP) — Virginia Sen. L. Louise Lucas has carved out a reputation as a fierce and outspoken advocate during her political career. One issue, in particular, has been at the forefront of her agenda: legalization of marijuana, which she says disproportionately affects members of the African American community.

She felt so strongly about the issue, she sponsored a legalization bill and opened her own cannabis shop. Now, she’s under the microscope as federal law enforcement appears to have raided that business. It wasn’t immediately clear what they were looking for but it’s drawn attention to Lucas and her 34-year career in politics.

In 2019, she became the state’s first Black woman to hold the leadership post of Senate president pro tempore after Democrats seized the majority.

The next year, she appeared at a protest of a Confederate monument that led to felony charges against her. A judge later dismissed the charges.

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Lucas was born in Portsmouth and worked at the Norfolk Naval Shipyard earlier in her life, where she was the first female ship fitter, according to a biography in the state library.

She has been the CEO of a Portsmouth business that runs residences, day programs and transportation for intellectually disabled adults. And in 2021, Lucas opened a store in her hometown of Portsmouth, The Cannabis Outlet, that sells legal hemp and CBD products.

“Let’s talk about pot,” Lucas said in a social media post on X in 2022. “Yes, we legalized it and I even opened the Cannabis Outlet after we did! But the job isn’t done. People are still in jail for something that is legal today.”

An armored FBI vehicle and several agents were seen outside Lucas’ cannabis store on Wednesday. The FBI would say only that it was conducting a court-authorized search warrant in Portsmouth.

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Virginia Lottery Mega Millions, Pick 3 Night results for May 5, 2026

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Virginia Lottery Mega Millions, Pick 3 Night results for May 5, 2026


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The Virginia Lottery offers multiple draw games for those aiming to win big.

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Here’s a look at May 5, 2026, results for each game:

Mega Millions

Mega Millions drawings take place every week on Tuesday and Friday at 11 p.m.

12-22-50-51-55, Mega Ball: 10

Check Mega Millions payouts and previous drawings here.

Pick 3

DAY drawing at 1:59 p.m. NIGHT drawing at 11 p.m. each day.

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Night: 7-9-6, FB: 8

Day: 5-3-5, FB: 9

Check Pick 3 payouts and previous drawings here.

Pick 4

DAY drawing at 1:59 p.m. NIGHT drawing at 11 p.m. each day.

Night: 1-3-3-1, FB: 0

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Day: 4-7-2-7, FB: 6

Check Pick 4 payouts and previous drawings here.

Pick 5

DAY drawing at 1:59 p.m. NIGHT drawing at 11 p.m. each day.

Night: 8-4-0-4-0, FB: 2

Day: 1-7-6-6-7, FB: 5

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Check Pick 5 payouts and previous drawings here.

Cash Pop

Drawing times: Coffee Break 9 a.m.; Lunch Break 12 p.m.; Rush Hour 5 p.m.; Prime Time 9 p.m.; After Hours 11:59 p.m.

Coffee Break: 02

After Hours: 03

Prime Time: 04

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Rush Hour: 13

Lunch Break: 01

Check Cash Pop payouts and previous drawings here.

Cash 5

Drawing every day at 11 p.m.

30-31-37-39-42

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Check Cash 5 payouts and previous drawings here.

Millionaire for Life

Drawing everyday at 11:15 p.m.

14-20-23-30-55, Bonus: 02

Check Millionaire for Life payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

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This results page was generated automatically using information from TinBu and a template written and reviewed by a Center for Community Journalism (CCJ) editor. You can send feedback using this form.



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