RICHMOND, Va. -- If the three towering cranes weren’t indication enough, Richmond’s downtown riverfront is literally on the rise.
The hillside around Tredegar is alive with the activity of two massive construction projects taking shape simultaneously: CoStar Group’s new office tower and campus expansion, and the Richmond Amphitheater venue from Coran Capshaw’s Red Light Ventures.
Elevator shafts for CoStar’s 26-story tower and six-story multipurpose building continue to rise on the 4-acre site beside the company’s current building at 501 S. Fifth St., across from Brown’s Island.