Property tycoon Lang Walker hasn’t let the pandemic slow him down. The Australian billionaire has shrewdly used the downturn to grow his Sydney-based Walker Corp.’s pipeline of planned projects by 36% in the past 12 months.
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Home / Top Featured Article / Once prime real estate being put up for sale as City becomes unattractive to some commercial activity Once prime real estate being put up for sale as City becomes unattractive to some commercial activity
Article by March 5, 2021
The dwindling appeal of Barbados’ capital city is being blamed for ongoing attempts to sell numerous pieces of prime Bridgetown real estate at prices well below their previous market value.
Barbados TODAY investigations have revealed no less than ten city buildings are on the market ranging between US$1,365,000 and US$9,500,000. They include the property at No. 1 Broad Street, Coles Building/ NB Howell at Bay Street, Waterfront Mall opposite Independence Square, Thomas Daniel Building at Hincks Street, Musson Building also at Hincks Street, Musson Warehouse at Hincks and St. George Streets, James Fort Building at Cowell Street, Fontabelle Complex and the Whitepark Road Complex.
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.