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The Agenda: Local government briefs for 4 5 21 - Richmond BizSense

The Agenda: Local government briefs for 4.5.21 Courtesy City of Richmond) Street murals, TOD zoning on city planning agenda The Richmond Planning Commission meets at 1:30 p.m. Monday. Full agenda here. Business on the regular agenda includes a proposal from Bike Walk RVA to paint street murals and install wooden planter boxes as traffic-calming measures on Hull Street at 11th Street and at Lynnhaven and Wright avenues in the Oak Grove-Bellemeade neighborhood. The murals would be painted by Richmond artist Silly Genius and are intended to enliven the areas and alert drivers to pedestrians and bicyclists. The murals would be multicolored and funded by Sports Backers/Bike Walk RVA through an AARP Community Challenge Grant.

Investors buy Imperial Plaza for $75M, plan to spend millions more on upgrades

Investors buy Imperial Plaza for $75M, plan to spend millions more on upgrades Jonathan Spiers photos) A multimillion-dollar updating of one of Richmond’s longest-running senior living communities is in the works following a $75 million purchase last week. Imperial Plaza, a gated complex totaling hundreds of units in the city’s Northside, is being renamed and reimagined as a so-called “active adult” community after its sale Thursday to an out-of-town joint venture. The new owners are Bluestone Group, a New York-based commercial real estate investment firm, and frequent collaborator Brentwood Investment Group, based in New Jersey. The four multistory buildings at 1717 Bellevue Ave., beside Interstate 95 across from Bryan Park, are being rebranded as “Legacy at Imperial Village,” which Brentwood partner Barry Zolty described as an updated version of the 1960s-era facility that he said will cater to today’s 55-and-up demographic.

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