City of Richmond
“The first stages of construction on a long dormant downtown skyscraper
are taking shape. More than $500,000 worth of building permits were issued in
late October for work on the Central National Bank building at 219 E. Broad St.
The permits, which authorize interior demolition and renovation, scaffolding,
and barricades, are the first major public signs of progress toward the planned
rebirth of the 23-story, 240,000-square-foot tower.
Washington-based Douglas Development Corp. plans to transform the
former bank building into more than 200 apartments. Cindy Morris, asset manager
for the developer, confirmed that Douglas plans to begin construction in the
coming months. W.M. Jordan has been awarded the contract for this initial phase
of the development approved in the permits.”
~Writes Burl Rolett of the Richmond BizScene
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