The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-05-07
MARKET ACTIVE
DURING THE WEEK
Realty Transfers Aggregate More
Than Quarter of Million III
Dollars.
BROAD STREET OPTION q
Is FINALLY CLOSED.
Chesapeake and Ohio People Say
They Have No Intention Of
Changing Quarters at

Active inquiries. excellent Weather
and goodly number of sales mark-
ed the realty market during the week &
closing Saturday.
In the city, according TO clearingS
by Blanton Il Co, transfers of prop
erty aggregating $1Ss,1s1 were LEI
corded and this does not include the
sale Of the big piece of property Al
Seventh and Broad streets. which
passed from W. Fl. ZlmmermaH to
Straus, Gunst & Go. for $zas .000s 4
Option on this property was tlosed
last Monday through Pollard 4 BAG-
by. but the title has yet to be occurred
The purchasers, 1t Is stated, have 40
immediate plans in view fpr Improves
ment, although reports have had II
that theatre. hotel or big business
block would soon so up on the lite.
G. e. o. Denies Rep0rr.
Another report gained currently
during the week that the Chesapeake
and Ohio had purchased the NOTING
home property at Fifth and Main
streets for $4,000 officials OK tho
railroad quickly denied the report.
which was to the effect that the ROAD
desired the site for an Office build
Ing. Ii WIS iSaEAPuf however,. AM3t
the property was offered to the rail-
road at this price some months Agn4
but nothing came OF the negotiations.
The Chesapeake and Ohio pe0pIs
declare that they have no present Inc
tention of going into an office Dutld-s
ing of their own, finding their quar-
| ters on Main between Eighth an4
| Ninth streets sufficiently commodtosyg
/ for the time being. Recent acQut-I
sltion OF the Hooking Valley mi
other properties In the West will na1e
| practically no effect, ft Is stataA. p1s
| the office quarters here.
Not likely to Move.
The Virginia Railway and Power
Company, 1t Is said. would IKE t0
get into quarters of its own, but THIS
seems hardly probable before the
expiration OF a couple OF years on
more. The companyss lease on ~
| present quarters at Seventh and Main
expires next fall II is expected. hew-
/ ever, that this lease Will be renewed
| for two years. Notice will have To-
! be served three months In advances.
/ so 1t viii be definitely known with1ns
/ the next month or two, at the most.
/ whether the company Will move ~
remain at Seventh and Main for ~
while longer.
The company owns the property with
61-feet frontage at the northeast corr
ner Of Seventh and Franklin Streets
and 1t Is believed that this win ~
utilized for an Office building structure
/ eventually.
Or. Wood to Build.
Work Will START within the merit
month or two on $4,000 three STORY
brick building on the southeast corner
OF Main and Sixth streets which Dr.
Judd h, Wood proposes to erect a.
! that corner, The building will be ready
for occupancy by January l. The PEI
NIT has already been granted.
| The ground floor of this building VIM
! be occupied by well-known Main
street tailor, who Is seeking lRrgor
and more cornmodious quarters thai
those he now occupies. gls3s
| Chamber Wants 10 Sell.
Action of the Chamber or CONF
merce in deciding TO sell its BUILDING
and site at Ninth and Main streatE'
If good price can be obtained. C0n~)
stituted one OF the important ana fs~
teresting news items of the week I1y&S
Chamber hopes to get a figure IN fhas
neighborhood OF s25o.0o0 for Its pru0*
erty. and ii liz limited that at least am
| syndicate has thrown out "feeierS's WffHs
a view of taking over the property.
II sale is contaminated, after tech
i nioal obstacles In the way Of the trAnns
actioH ttt oHNfdNru, HI TIC COQIU4 sQ&t
the next month. practically ali the pux.
chase price would go for the gr0un0
itself, as IL Is generally admitted thai
material in the building, which wQusH
come down TO give way to larger and
more modern structure. win hardtY
more than offset the cost Of demo5lSs
/ ton. 9 syy
/ Active Across the River.
| Additional cieartngs complied III;
d
4 the value OF s55,622 changed hands
4 Washington ward during the 49,
while the county and suburbs ahoM64 ~
\ total OF s6e.6a7. or this amount 11E%
100 was for county property and n
| SGT for suburbs. The sum total
transactions amounted to $2s4.460.
! - "a lille tho detaiis- cannot be dtxt71&&
tat this time. 1t has heen ascert1le3
that Richmond syndicate has sectn
an option ON HOO acres OF land aG9
4 the river IN Chesterfield from w. Is
1 hampton, which Is to ba developol1@
event the deal Is finally closed.
Access to this property II to be IN 81
i ed from THIS side OF the river BIZ rt6@
OF the new bridge projected IA
vicinity.
Chanberlayns Plaza.
The new high-clasE suburb "a
ter Park car line and adjoining
ter Park is being developed by IT,
Eburhan Developments CorpcrnfiOns
4 have already planted shade tre81
Laid granolithic Sidewalks on Chn1
I Jayne avenue and are l(!
i Seminary avenue through the
Il and will within q Very elxN<
have the improvements e01n1l1
Il The Ginfer Park xewerTnpt43
sffh,s I,roperfy t0 vi fit'I kxIil
4 have free access. Water ~
lights are an assured faet. a.