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BizSense Beat: Sept. 15, 2023

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BizSense Beat is a weekly collaboration between VPM News and Richmond BizSense that brings you the top business stories during NPR's Morning Edition on Fridays.

Here’s a recap of the top stories for the week of Sept. 15, 2023:

GreenCity plan progresses with $35M land sale, residential development agreement
Reported by Richmond BizSense’s Jonathan Spiers

More steps have been taken toward the planned development of the 200-acre GreenCity site in Henrico.

At their meeting Tuesday night, county supervisors approved an agreement with Henrico-based Markel | Eagle for development of the northern half of the GreenCity property, where homebuilding arm Eagle Construction of VA will build all of the 880 for-sale homes that are planned as part of the arena-anchored, mixed-use development.

The approval followed the sale of that land, a 111-acre assemblage known as Scott Farm, in a $35.1 million deal that closed Aug. 31.

70-unit ‘two-over-two’ townhome project planned next to Maury St. roundabout in Manchester
Reported by Richmond BizSense’s Mike Platania

A Charlottesville developer has revealed its plans for the 2-acre site it purchased earlier this year in Manchester.

Castle Development Partners is planning to build 70 townhome units at 301 Maury St., according to plans filed with the city last week.

The project would be configured as 35 “two-over-two” townhomes, wherein each four-story structure would house a pair of stacked two-story units.

KavaClub still unable to open for business after judge denies injunction request
Reported by Richmond BizSense’s Mike Platania

KavaClub, a fledgling Fan bar that wants to serve the trendy Polynesian drink kava, has hit yet another legal roadblock.

The business on Tuesday was denied in its request for a temporary injunction that would have allowed it to open for business at 1529 W. Main St. while its legal battle with the Virginia Department of Health plays out.

The ruling by Richmond Circuit Court Judge W. Reilly Marchant leaves KavaClub and founder Fred Bryant in continued regulatory limbo, which began shortly after it announced its plans to open at the beginning of the year.

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