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Development roundup for 2023: Interest rates slowed things down, but developers carried on

As 2023 draws to a close, in its rearview mirror are multiple announcements for massive, consequential developments in the Richmond region.

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D C developers break ground on The Ace, a $98M mixed-use project on Arthur Ashe Blvd

The nearly nine-figure project that’ll transform a large chunk of Arthur Ashe Boulevard is officially underway, and it may soon be joined by a long-planned cohousing concept up the street.

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Criterion Cinemas at Movieland to be converted into restaurant, retail space

Criterion Cinemas at Movieland to be converted into restaurant, retail space
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Mystery grocer, HomeGoods to join Shake Shack at revamped Willow Place

An unidentified grocery store has signed on at the shopping center just west of Willow Lawn and it’s set to occupy 43,000 square feet, the same size as another unnamed grocery anchor that’s planned in Midlothian.

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