Downtown Richmond’s newest office tower, soon to be the home of packaging company MeadWestvaco Corp., is progressing toward a fall completion. The gleaming exteriors are finished on the nine-story building overlooking the James River between Fifth and Seventh streets, next to the Federal Reserve Bank of Richmond. MeadWestvaco’s brand logo—the letters “MWV”—is visible at the top of the building, which is lit at night. The interior structural work, such as elevators and wiring, also is essentially done, developers said.

Universal Corp. is making plans to move its headquarters staff from the West Broad Street building the company has occupied for 40 years to an office on Forest Hill Avenue in South Richmond. The tobacco leaf company in May said it was planning to sell its nearly 90,000-square-foot property at West Broad and Hamilton streets in the city and find a smaller office in the region.