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ion. lofts. wntown ban sophisticat o D f o r r ou Take a t e Richmond’s u r their stories. c a n e ie h r e d p Ex s an e owner Meet th
Downtown Richmond
WORKSPAC CREATIVE
Designing Your Perfect Blend of Art and Commerce
Volume: 4 Issue: 1
Winter 2009
INSIDE THIS ISSUE Downtown News . . . . . . . . . . . . . . . . . . . . .2 Creative Chambers: Chief Judge James Spencer . . . . . . . . . . . . . .4 Greening Downtown . . . . . . . . . . . . . . . . . . . .6 Downtown Development Update . . . . . . . . . .7 Downtown After Hours: Rendezvous; Gibson’s Grill at the National Theater; Aurora . . . . . . .30 Uplifting the Community: Mayor Dwight Jones . . . . . . . . . . . . . . . . . . . .32 Commercial Listings . . . . . . . . . . . . . . . . . . . .33 CONTRIBUTORS Executive Editors: Lucy Meade, Venture Richmond Ted Randler, Palari Publishing LLP Managing Editor: Rebecca Jones Words Atosa Dabney Sheri Doyle Rachel Gregory
Photography Walker Allen Stephanie Garr
CONTACT DATA City of Richmond
Department of Economic Development (804) 646-5633 www.ci.richm ond .va .u s Carthan F. Currin, Director Dara Glass, Deputy Director
(804) 788-6466
Majesty & Awe Is this an M.C. Escher drawing or a federal courthouse? Richmond’s Spottswood W. Robinson III & Robert R. Merhige, Jr. United States Courthouse’s glass, 100-foot high atrium was created by Robert A.M. Stern to inspire a sense of majesty and awe. Read more on page 4.
www.creativeworkspace.biz www.palaribooks.com D o w n t o w n R i c h m o n d C R E A T I V E WORK SPAC
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The Team: Jack Berry Mavis Wynn Jim Watkins Sharon Bassard Lucy Meade Stephen Lecky Lisa Sims Renee Gaines Erika Gay Part-time: Terry Hampton, David Jennings
To advertise in upcoming issues call: Palari Publishing LLP (804) 355-1035 or email: dave@palaribooks.com
D o w ntow n R ich m ond C R E A T I V E WORK SPAC is published and owned in partnership with Palari Publishing LLP. Palari Publishing LLP was established in 1998 in Richmond, Virginia. Palari is a forward-thinking, independent, royalty-based publisher committed to producing innovative periodicals, fiction and nonfiction books. Through our hardcover and trade paperback originals, Palari provides authoritative, well-written nonfiction that addresses topical consumer needs and fiction with an emphasis on intelligence and quality.
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DOWNTOWN NEWS Spurrier Media Group, Qorvis Communications, & SmithGifford Join Forces in the Slip Spurrier Media Group, Qorvis Communications, and advertising agency SmithGifford have found a new home in the historic Lady Byrd Hat factory building. Located near the Turning Basin of the Canal Walk in Shockoe Slip, the building offers the companies easy access to one another as well as their client base. In addition to their Richmond locations, the companies have offices in Northern Virginia and Washington, D.C. However, owners of SmithGifford, Mark Smith and Bruce Gifford, consider the new Shockoe Slip location a practical decision given their company’s strong ties to the Richmond community. Bjork: “When people walk in they have a feeling of warmth and being at home.”
Open Spaces for Peaceful Faces
Grace Yoga, located at 209 N. Foushee Street, offers a handsome environment to practice Vinyasa style yoga. “When people walk in they have a feeling of warmth and being at home. I want people to get a sense that we are a studio that welcomes everyone,” says owner Arlene Bjork. At over 3,000 square feet, this center page:2
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is the largest of its kind in the Richmond area, but its calming, minimalist design adds intimacy. “The students feel like [they’re] a part of something and aren’t lost in a big room.” The Great Asana Room can accommodate a 32-person class as well as after-hours events, while the smaller Satya Room, with a glass balcony overlooking the lower level, holds 22 people. Far from the typical wall-to-wall mirrors of most yoga studios, Grace Yoga boasts high, intricately molded ceilings, stunning hardwood floors and a wealth of wall space for inspiring work by local artists. “The character of the building speaks for itself. That’s why I fell in love with it,” Bjork says.
The city is their major source for suppliers, production, and photography. The Lady Byrd Hat building not only gets these companies closer to the community, but also puts them under one roof as a means of improving business. Spurrier Media Group, Qorvis, and SmithGifford have a long history of working together, and share a number of clients, including the Virginia Lottery, Brown’s Auto Group, and the Foundation for the National Archives. So instead of relying on e-mails or conference calls, projects can be completed with a trip down the hall. In addition to the benefit of sharing space, the building’s distinctive blend of modern design, technology and original construction complements the unique flavor of these media companies.
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Downtown Recycles Users can deposit recyclables including newspaper, catalogues, office paper, clean cans, plastic bottles marked for recycling, and boxes.
Recycle Team: Helen Reed, Andy Thornton & Jane Milici
Recycling Downtown just got easier. The Downtown Neighborhood Association (DNA) launched a pilot program for recycling in the Monroe Ward and Historic Broad St. neighborhoods last fall. Venture Richmond is funding the DNA program and working with others to expand the recycling program throughout Downtown. Recycling is a priority for Venture Richmond’s Marketing/Advocacy Committee and committee members Andy Thornton, Helen Reed and Jane Milici are taking the lead to place more community recycling bins throughout Downtown Richmond. Specially designed and marked bins are currently available for public use at the Media General loading dock, the Renaissance Center parking lot, on Main Street between 2nd and 3rd Streets, and in the La Diff parking lot at 15th and Dock Streets. Users can deposit recyclables including newspaper, catalogues, office paper, clean cans, plastic bottles marked for recycling, and boxes. There is no need to sort these items. Jane Milici, an architect with Cornerstone Architects and vice president of DNA, explains that one of the goals for this program is finding additional locations in the Downtown area and encouraging businesses with two or more dumpsters to consider substituting one with a recycling dumpster. A DownD o w n t o w n R i c h m o n d C R E A T I V E WORK SPAC
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town transfer station with multiple bins and truck accessibility is also a goal of this program. Milici is optimistic about the momentum this pilot program has gathered since its inception in October. “With Venture Richmond behind it, something big could happen,” says Milici. Andy Thornton, owner of La Diff and executive committee member of VR,
believes the program will benefit Downtown residents and merchants. “A comprehensive program of this kind just makes good business sense. It will become a bigger and bigger selling point, because people are realizing that more than fifty percent of waste is recyclable. Recycling and sustainability are not fads and they are not going away,” he says.
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DESIGN FORWARD CREATIVE CHAMBERS: CHIEF JUDGE JAMES SPENCER
ichmond’s Spottswood W. Robinson III & Robert R. Merhige, Jr. United States Courthouse opened in October 2008, but for Chief Judge James Spencer of the US District Court, the new building has been an important project since 1992. Spencer was very involved in the creation of the new building, adamantly supporting its Downtown location.
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“We want to be good citizens, and we want to be part of the renaissance happening here in Richmond,” says Spencer. He cites the emergence of hotels and the performing arts center as reasons to trust in Richmond’s potential for growth. “We're just about to blossom here in Downtown.” Spencer also played a role in choosing who would take on this massive design project. After interviewing several architectural page:4
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Above: “We wanted [the public] to get a sense of majesty and awe, and we wanted them to feel the weight of the justice system,” Spencer says of the 100-foot atrium. Right: The judge in his office.
firms, Spencer and his team decided on Robert A.M. Stern. “He’s someone who has the courage to see the vision through,” says Spencer. He immediately knew he wanted Stern for the job after Stern said, “If you are looking for somebody to build another box, you’re talking to the wrong architect.” And a box it surely is not. The stunningly curved structure, with its enormous glass windows, opens to a public plaza and boasts views of Capitol Square, Jefferson’s Virginia State Capitol, and the Lewis F. Powell Courthouse. The $102 million building is not just meant to be aesthetically pleasing, however. Spencer desired a welcoming design that impacts individuals in a meaningful way. D o w n t o w n R i c h m o n d C R E A T I V E WORK SPAC
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Speaking of the 100-foot high atrium Spencer says, “We wanted [the public] to get a sense of majesty and awe, and we wanted them to feel the weight of the justice system.” As for the view, he believes it illustrates the importance of “always being connected to the solid foundation of your past.” Spencer had his hand in the design and location of the building, but the naming of the courthouse for Spotswood W. Robinson III and Robert R. Merhige, Jr. was the work of Senators John Warner
and Jim Webb. But they could not have chosen men with backgrounds more meaningful to Spencer. As the first African American federal judge and first chief judge in Virginia, Spencer recognizes Robinson’s and Merhige’s contributions to the civil rights movement. Spencer believes that merging the legacies of these influential lawyers of different races was the “hand of God,” marking a “shift toward an understanding that we’re all in this together.” CWS WINTER 2009
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GREENING DOWNTOWN
he Shockoe Valley Press building at 1207 E. Main Street is getting a new look that is both fresh and environmentally-friendly. The Virginia Association of Counties (VACo) purchased the property, and has set an April move-in date. The renovations will be complete in January.
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VACo Executive Director James Campbell explains the renovation’s three primary goals. “We wanted to preserve the historic character of the building, make it as energy-efficient as possible, and have useable, modern office spaces,” says Campbell. page:6
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The renovation includes a green roof that uses vegetation and white surfaces that will help cool the building. The plants will also utilize rainwater that would otherwise go into the storm water system. The new building will serve as VACo’s headquarters. The secondfloor offices have been leased, but there are still first-floor retail and office spaces available. This effort to further the greening of Downtown is one of many VACo projects that support their mission to effectively represent, promote, and protect the interests of counties to better serve the people of Virginia. CWS
Campbell:
“We wanted to preserve the historic character of the building, [and] make it as energy-efficient as possible.”
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DOWNTOWN DEVELOPMENT UPDATE 2009 ICON KEY Home: Residential Development
NEIGHBORHOODS City Center ............................................................8 Financial District ..................................................11 Riverfront |Canal Walk........................................12
Briefcase: Office Facility For Sale or Lease
Shockoe Bottom ..................................................13 Shockoe Slip ........................................................16
Pencil: Education or Research Facility
Rocketts Landing ................................................17 Manchester ..........................................................18
Entertainment: Music/Performance Venue
Monroe Ward ......................................................20 VCU Adjacent Neighborhoods..........................20
Shopping Cart: Retail Space/Restaurant
VCU Monroe Park Campus ................................21 Historic Jackson Ward ........................................24
Project uses Green Design elements
Virginia BioTechnology Research Park ..............26 VCU Medical Center ..........................................26
Parking has been developed
Wifi is available
DOWNTOWN PEOPLE Your Own Private Downtown Samantha Dorsey at Sterling Row ....................14 Pop Goes the Condo Jim Tate at the Marshall St. Bakery Condos ....22 Continuous Light David Vogeleer and Anne Taite Austin at The Reserve......................................................28
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Boettner:
“Projects like this have a catalytic effect on everything around them.”
MILLER & RHOADS REDUX hroughout much of its 105-year lifespan, Miller & Rhoads department store was symbolized by its ornate clock. A bold restoration project is now turning the hands of the clock forward—and back—transforming the former shopping destination into a hotel, condominium and retail space that blends historic character with modern amenities.
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Scheduled to open this winter, the Miller & Rhoads Residences and Hilton Garden Inn will occupy the 8-story space between Broad, Grace, 5th and 6th Streets. The 250 hotel rooms and page:8
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133 condominiums will preserve vintage details including the original windows, much original marble and maple flooring, and the signature M&R logos. The lobby will feature two large fireplaces and a ground-floor restaurant that recreates the feeling of the Miller & Rhoads Tea Room.
The renovation has been led by New Orleans-based HRI Properties in partnership with Prudential Securities and ECI Development Services. HRI Chief Administrative Officer Eddie Boettner sees this project as part of a larger revitalization of Downtown Richmond.
The hotel and condominiums have separate entrances, elevators and fitness facilities while sharing a ground floor connection and a swimming pool. The condominiums feature open, loftlike spaces, contemporary kitchens, sleek bathrooms, and walk-in closets.
“Projects like this have a catalytic effect on everything around them,” says Boettner. “Downtown Richmond is vibrant. There is a lot going on—80,000 people work here—and we know that 133 of them are going to say, ‘I want to live here.’” CWS D o w n t o w n R i c h m o n d C R E A T I V E WORK SPAC Powered by Venture
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25 Developers | 70 Projects | $2 Billion in Investment Each year, Downtown Richmond sees its perennial developers start and complete a new round of development projects. We also see new developers, both local and national, who make investments in Downtown Richmond. In December 2008, Venture Richmond gathered 22 developers for its annual Downtown Development Forum, which featured 60 of the 70 projects highlighted on the next 22 pages. Here’s what developers, who are relatively new to Richmond, had to say about Downtown: “Downtown Richmond is moving like you’ve never seen it. Thrilled to be here and be a part of this….I think Richmond is ahead of most other areas of the country that we’re looking at.” Eddie Boettner, Principal HRI Properties, New Orleans
“Our company does business in other cities of various sizes and I gotta say the depth, the diversity of what’s going on in Downtown Richmond is mind-boggling. In these economic times projects like you’re seeing—condos and other things—are just not happening or stalled [in other cities]. I actually ran into someone last night who was visiting Richmond for the first time from New York, and they were just blown away by the level of construction and the things that were occurring here. And facilities like the one we’re in [The National] prove the diversity and resurgence of Downtown Richmond. From an outsider’s perspective, you all ought to be proud of what’s going on down here.” Anthony P. Nero, President Armada Hoffler Development Company, Virginia Beach
CITY CENTER
Rebirth of the Miller & Rhoads Building into Two Significant Projects Opening Early 2009
Miller and Rhoads Residences
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HOTEL | RESTAURANT|RETAIL Historic rehab including 250 hotel rooms; 21,000sf of restaurant/retail space; 200 parking spaces. Additional amenities: pool and spa in enclosed atrium, 24/7 Pavilion Pantry for sundries and snacks, GSS beds feturing customizable sleep system, PrinterOn system to allow printing from room, fitness center, complimentary business center, valet parking; wifi is available on the premises. Construction is underway (completion winter 2009). 501 E. Broad Street HRI Properties www.hriproperties.com.
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Hilton Garden Inn Downtown Richmond
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FOR SALE |RESIDENTIAL Historic rehab includes 126,574sf of residential space; 73 one-bedroom; 30 one-bedroom + den (convertible to second bedroom); 30 two-bedroom units; 610-1,481sf of living space per unit. Green components of the project include energy-efficient lighting and latest energy efficient HVAC systems with programmable thermostats in all units. Additional amenities: restaurants on the ground floor, retail space and adjacent to the Hilton Garden Inn Richmond Downtown, which is integrated within the Miller & Rhoads building. Construction is underway (completion winter 2009). 230 N. Sixth Street HRI Properties www.hriproperties.com.
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CITY CENTER
626 E. Broad Street
COMMERCIAL|OFFICE Historic rehab of 45,000sf of office space. The renovation was pre-certified as a green building by Leadership in Energy and Environmental Design (LEED) at its gold level. Construction is underway (completion in 2009). 626 E. Broad Street The Wilton Company www.thewiltonco.com
Richmond Marriott
University of Richmond Downtown
HOTEL Rennovation Apple REIT purchased the Richmond Marriott in January 2008 for $53.3 million. The 18-story, 401-room hotel is currently undergoing a $10 million renovation. Completion in 2009; $63,000,000 total investment. 500 E. Broad Street Apple REIT Seven www.applereitcompanies.com www.richmondmarriott.com.
RESEARCH|EDUCATION Historic rehab of 5,000sf; 500sf of art & culture/attraction venues; 4,500sf of education facilities. The new interior has been designed to retain architectural and historic elements from the former savings & loan lobby, including the vault and the 1956 lobby mural masterpiece by Hans Gassman. Construction is underway (completion in 2009). 626 E. Broad Street, Suite 100 The Wilton Companies www.thewiltonco.com
Verizon State President’s Office
Spottswood W. Robinson III & Robert R. Merhige, Jr., United States Courthouse
COMMERCIAL|OFFICE Verizon has renovated and moved its executive offices into its former headquarters building at 703 E. Grace Street. Ground was originally broken for this building in December of 1928 and occupied in January 1930. Subsequent building additions extended along the entire block of Grace Street. Verizon
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COMMERCIAL|OFFICE New construction of 346,000sf of government facilities; includes 64 parking spaces. The building has been LEED (Leadership in Energy and Environmental Design) silver certified, making it a certified “green building.” The building has a seven story atrium that overlooks the corner of East Broad and Seventh Streets. There are nine courtrooms in the building, with space for a future tenth courtroom. Completed in 2008; $102,000,000 total investment. 701 E. Broad Street United States Department of General Services.
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PERFORMING ARTS New & historic rehab of 179,000sf. Richmond CenterStage is a performing arts complex opening in September 2009, and includes the rennovated and restored Carpenter Theatre. Adjacent to the Carpenter Theater is Dorothy Pauley Square, which houses the Showcase Gallery, a visual arts exhibit; construction is underway; $75,000,000 total investment. 600 E. Grace Street Richmond Performing Arts Center www.richmondcenterstage.com
CITY CENTER
Richmond CenterStage
The National NEW MUSIC VENUES This historic rehab has created a great environment for the artists/performers who can have a closer intimate experience with the audinece. The back of the house really caters to the artists with hot tub, sauna, steam room, game room and more. Construction was completed in 2008; $15,000,000 total investment. 708 East Broad Street RIC Capital Ventures Partners www.thenationalva.com
FINANCIAL DISTRICT Apple REIT Companies COMMERCIAL|OFFICE Historic rehab of 25,000sf of office space, completed in 2008. Apple REIT bought and combined two buildings; one formerly occupied by Craigie, Inc. and the other was the former Richmond Office Supply, which was gutted and meticulously renovated. A creative touch, the company’s apple logo, digitally replicated on square cement blocks, runs in a frieze along the top of the building. 814 E. Main Street Apple REIT Companies www.applereitseven.com
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COMMERCIAL|OFFICE New construction of 245,500sf; 200,000sf of office space; 5,500sf of retail space; 40,000 parking spaces; units are for lease. Green components of the project include: the anchor tenant, Williams Mullen, will achieve a LEED certification for their buildout. Construction is underway (completion in 2010); $60,000,000 total investment. 200 South 10th Street Armada Hoffler Development Company www.ArmadaHoffler.com
One Capital Square
Main Street Centre
COMMERCIAL|OFFICE Property transfer of 188,000sf of government office space. Completed in 2008. $8,950,000 total investment. 9th and E. Main Streets VCU Health Systems
COMMERCIAL|OFFICE Property transfer of 424,761sf of government office space; includes 329 parking spaces. Completed in 2008. 600 E. Main Street The State of Virginia Department of General Services
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RIVERFRONT | CANAL WALK
Federal Reserve Bank’s Parking Deck COMMERCIAL|OFFICE New construction. Two-acre site; parking garage with nearly 1,000 spaces. Construction is underway (completion in 2009). Byrd Street between 5th and 7th
MWV Corporate Headquarters CORPORATE HEADQUARTERS New construction of 310,000sf of office space; 1,050 parking spaces. MeadWestvaco is pursuing sustainability-driven construction and operational efficiencies throughout the interior and exterior design, including the use of energy and water, and employee work environments. Construction is underway (completion in 2009). 501 S. Fifth Street NewMarket Corporation www.newmarket.com
Afton Chemical Corporation R&D Facility Expansion
Foundry Park
RESEARCH|TECHNOLOGY New construction of 30,600sf to the existing 250,000sf research center. The new addition will provide office, laboratory, and mechanical test spaces; construction is underway (completion in 2009). 500 Spring Street NewMarket Corporation www.newmarket.com
COMMERCIAL|OFFICE mixed-use: office, hotel, residential, retail. NewMarket Corporation owns the property. Construction of phase 1 began in 2007 and includes the MeadWestvaco corporate headquarters and the Federal Reserve Bank’s new parking deck, which fronts on Byrd Street between 5th and 7th Streets. Foundry Park is a 9-acre site with 3.5 remaining acres for mixed-use development. Tredegar to Byrd Streets between 5th and 7th Foundry Park
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SHOCKOE BOTTOM River Lofts at Tobacco Row Lucky Strike Building FOR LEASE RESIDENTIAL Historic rehab construction; units are for lease. Additional amenities: theater, club room and shared amenities with the other buildings. Completion in 2008; $12,000,000 total investment. Forest City Enterprises
Tobacco Row Lucky Strike Garage COMMERCIAL|OFFICE Historic rehab of 7,000sf of office space. Completion in 2008. 50 Pear Street Capital Results
FOR LEASE RESIDENTIAL Property transfer construction; units are for lease. Renovation of the original 250 Tobacco Row lofts. Construction is underway (completion in 2009). Forest City Enterprises
The Power Plant at Lucky Strike COMMERCIAL|OFFICE Historic rehab of 18,500sf of office space; 45 parking spaces. Completion in 2008. Cary and Pear Streets in Shockoe Bottom Property Results, LLC
Raven’s Place Apartments
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MIXED-USE Historic rehab of 61,291sf; 4,788sf of retail space; 53,764sf of residential space; 52 one-bedroom units for lease; 13 two-bedroom units; one-bedroom units average 813sf per unit, two-bedrooms average 852sf of living space per unit. All units have free internet and DIRECTV and parking either onsite or directly across the street. Completion in 2008; $11,385,000 total investment. 1710 East Broad Street Hunt Investments, LLC WINTER 2009
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DOWNTOWN PEOPLE
YOUR OWN PRIVATE DOWNTOWN amantha Dorsey, a student at VCU, moved into Sterling Row in May of 2008. Since then her love of the building and her neighborhood has grown. “The area pleasantly surprised me. It is so exciting to see the area become what it should be.” The location of her apartment near the 17th Street Farmers’ Market and Downtown drew her to the area. But the building’s character, along with her personal rooftop deck, offering fantastic views of Richmond, are what sold Dorsey on her condo. Her den, located above her garage, is a great place to play pool surrounded by walls adorned with antique Coca-Cola memorabilia,
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The private rooftop deck, offering fantastic views of Richmond, sold Dorsey on her apartment.
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something she began collecting with her parents. Dorsey customized the next level of the condo with a granite & wood fireplace and stone backsplash along with a small wine cellar in the kitchen. She utilizes the spaciousness of her rooms and the open floorplan to highlight her transitional furniture. The dining room table is an antique pub piece that she refinished. Dorsey decorates the threebedroom home with collected things from her travels all over the world—such as tiles from Portugal that creatively make a wall mural at the top of the stairs. CWS
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FOR SALE RESIDENTIAL New construction; 4 two-bedroom units; 4 threebedroom units. Completion in 2007; $3,000,000 total investment. As of December 2008 four units are available for sale. 110 N. 19th Street Sterling-Bilder Developers www.sterlingrow.com
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SHOCKOE BOTTOM
Upper Lofts at Canal Walk
Dill Factory FOR LEASE RESIDENTIAL New & historic rehab construction; 43,265sf of residential space; units are for lease; 2 studios; 24 one-bedroom units; 26 two-bedroom units; 3 three-bedroom units; 496-1,565sf of living space per unit; 55 parking spaces. Construction is underway (completion in 2009). 2020 E. Franklin Street George Emerson and Phil Roper
FOR LEASE RESIDENTIAL Historic rehab of 110,500sf; 93,722sf of residential space; 85 onebedroom units; 24 two-bedroom units; 500 -1,050sf of living space per unit; 150 parking spaces. Green components of the project include: energy-efficient windows, efficient mechanical systems, bamboo floors, adaptive re-use of existing structure. Wifi is available on the premises. Completed in 2008. 20th and Cary Streets www.mainstreetrealty.info
ON THE DRAWING BOARD: Shockoe Center
SHOCKOE SLIP
Highwoods Properties has proposed a $363,000,000 investment that will transform a rundown area of Shockoe Bottom into a transit-oriented, mixed-use town center with a 7500 seat minor league ballpark.
110 S. 15th Street FOR LEASE RESIDENTIAL Historic rehab: A former foundry is being renovated into 31 apartments; units are for lease. Construction is underway (completion in June 2009). 110 S. 15th Street
The Reserve Phase 2 FOR SALE RESIDENTIAL Restoration of one building and new construction of another: 25 condominiums; 1-2 bedrooms; 700-1440 sf; renovated building completed 2007 and sold out (9 units). New construction building 16 units. Starting at $220,000. Completed in 2008. Winner of ACO 25th & E. Franklin Streets on the edge of Church Hill Clachan Properties page:16
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ROCKETTS LANDING
210 Rock Condominiums: 58 units; 1-2 bedrooms; 1-2 bathrooms; remaining units starting at $245,000.
Rocketts Landing Sky Line Condominiums: 60 units; 1-2+ bedrooms; 1.5-2.5 bathrooms; remaining units starting at $300,000. Riverbank Terraces (Rendering)
MIXED-USE|FOR SALE RESIDENTIAL New & rehab construction on 45 acres; 8-10 year full project build out; 4,000,000sf consisting of 700,000sf of office space; 200,000sf of retail space; 100,000sf of art, culture & attraction venues; 5,000 parking spaces; 3,000,000sf of residential space; 750sf-4,500sf of living space per unit. 1.5 miles from Downtown; private marina (under construction); riverfront pool and clubhouse; restaurants, entertainment and shops. A new restaurant, the Boathouse at Rocketts Landing opens in the fall of 2009. Construction is underway; $750,000,000 total investment. 5000 Old Osborne Turnpike Rocketts Landing rockettsvillage.com
Cedar Works Condominiums 83 units; 1-3 bedrooms; 1-2 bathrooms; remaining units starting at $210,000.
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Fall Line Condominiums: 49 units; 1-2+ bedrooms; 1.5-2.5 bathrooms; remaining units starting at $300,000.
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MANCHESTER
1317 Bainbridge Street FOR LEASE RESIDENTIAL Historic rehab of 1,300sf of residential space; 1 three-bedroom unit. Completed in 2008; $170,000 total investment. 1317 Bainbridge Street Miller & Associates
1319 Bainbridge Street FOR LEASE RESIDENTIAL Rehab of 1,800sf of residential space; 1 threebedroom unit. Completed in 2008; $200,000 total investment. 1319 Bainbridge Street Miller & Associates
1104 Porter Street
12th Street Flats FOR LEASE RESIDENTIAL Historic rehab. Completed in 2008. 1104 Porter Street Miller & Associates
Manchester Proper MIXED-USE | FOR LEASE Rehab of 22,000sf; 10,000sf of office space; 10,000sf of retail space; 10,000sf of art & culture/ attraction venues; 7,000sf of residential space; 1 one-bedroom unit; 2 two-bedroom units; 1,150 - 3,600sf of living space per unit. Location close to dining, arts and entertainment venues. Secure/controlled access. Secluded courtyard area. Wifi is available on the premises; construction is underway (completion in 2009); $2,400,000 total investment. 612 Hull Street Pareto, LLC www.ParetoLLC.com.
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FOR SALE RESIDENTIAL New construction of 4,560sf of residential space; 4 two-bedroom units; 1,140sf of living space per unit. Pending EarthCraft certification. Completed in 2008; $600,000 total investment. 210 & 212 West 12th Street Miller & Associates
Paper Company [formerly the Cauthorne Buildings]
FOR LEASE RESIDENTIAL Historic rehab of 8,000sf of office space; 77,000sf of residential space; 20 studios; 47 one-bedroom units; 12 two-bedroom units; 600 to 1,500sf of living space per unit. Completed in 2008. 203-207 Hull St. in the Manchester Industrial Historic District, at the base of the 14th Street Bridge Sam McDonald and Property Results D o w n t o w n R i c h m o n d C R E A T I V E WORK SPAC Powered by Venture
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MIXED-USE | FOR LEASE Historic rehab of 300,000sf; 29,000sf of office space; 350 parking spaces; 225,000sf of residential space. Green components of the project include: recycled flooring, recycled historic shell. Additional amenities: outdoor pool. Construction is underway (completion in 2009); $45,000,000 total investment. Commerce Road and Stockton Street French Consulting Company
MANCHESTER
Tobacco Factory
Perry Place Apartments FOR LEASE RESIDENTIAL Historic rehab of 70,000sf; 62,000sf of residential space; 30 one-bedroom units; 36 two-bedroom units; 4 three-bedroom units; 495sf to 1,399sf of living space per unit. Construction is underway (completion in 2009); $8,500,000 total investment. 815 Perry Street Watson Bros., LLC
Old Manchester Plaza MIXED-USE | FOR LEASE Historic rehab construction of 59,000sf; 53,000sf of residential space; units are for lease. Construction is underway (completion in 2009); $5,000,000 total investment. Hull Street between 10th and 11th Street The Hanson Company LLC
W. M. Jordan Company Office Expansion COMMERCIAL|OFFICE New construction; 15,000sf of office space. Completion in 2008. Bainbridge Street and Commerce Road W.M.Jordan Company
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Manchester Post Office MIXED-USE | FOR LEASE Historic rehab construction. Federal style post office being converted to 2 apartments; 3,200sf of office space; community room space. Construction is underway (completion in 2009). 1019 Hull Street Charles Macfarlane Sam McDonald Chris Dillon WINTER 2009
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MONROE WARD 316 Crash FOR LEASE | RESIDENTIAL Historic rehab of 16 studios. Green components of the project include: recycled construction material, utilized only LEED certified landfill in Virginia; energy-efficient lighting and fixtures. Wifi is available on the premises. Construction is underway (completion in 2009); $2,000,000 total investment. 316 E. Grace Street French Consulting Company www.frenchcc.com
400 E. Cary Street COMMERCIAL|OFFICE Property transfer; state purchased 49,056sf of government office space; includes 60 parking spaces. 400 E. Cary Street Commonwealth of Virginia Department of General Services
French Apartments
MIXED-USE | FOR LEASE Historic rehab of 16,000sf; 2,800sf of office space; 13,200sf of residential space; 2 one-bedroom units; 8 two-bedroom units; 500-1,300sf of living space per unit. Green components of the project include: recycled construction material, utilitized only LEED certified landfill in Virginia. Wifi is available on the premises. Completed in 2008; $6,000,000 total investment. 207 - 211 E. Main St. French Consulting Company www.frenchcc.com
VCU ADJACENT NEIGHBORHOODS Brownstone 919 MIXED-USE | FOR LEASE Historic rehab of 9,000sf; 1,000sf of office space; 5 parking spaces; 8,000sf of residential space; 5 two-bedroom units; 3 threebedroom units; 900 to 1,500sf of living space per unit. Additional amenities: stained glass, grand three-story main staircase with banister and original skylight, original trim and flooring detail, huge windows. Construction is underway (completion in 2009). 919 W. Grace Street Property Results, LLC page:20
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Eagle Mill Towers Condominiums MIXED-USE | FOR SALE RESIDENTIAL Rehab construction of 28,633sf; parking spaces; 13,431sf of residential space; 12 one-bedroom units; 12 twobedroom units; 6 three-bedroom units; one-bedroom average 541sf, two-bedroom average 785sf, three-bedroom average 1334sf of living space per unit. Completed in 2008; FOR SALE RESIDENTIAL $5,552,600 total investment. New construction of 150,000sf of 1414 West Marshall Street residential space; 12 twoHunt Investments, LLC bedroom units; 70 threebedroom units; 1,200 to 3,000sf of living space per unit; 164 MIXED-USE|FOR SALE RESIDENTIAL parking spaces. 72 homes have Rehab of 63,477sf; 3,861sf of retail been built and 68 sold. Ten more space; parking spaces; 45,646sf of will be built in the final phase. residential space; 21 one-bedroom Construction is underway units; 31 two-bedroom units; one(completion in 2009); bedrooms average 589sf two$20,000,000 total investment. bedrooms average 1072sf of living space per unit. 714 South Pine Street Completed in 2008; Commonwealth Properties, LLC $6,227,000 total investment. www.cwprop.com 1333 West Broad Street Hunt Investments, LLC
Overlook Townhouses
Iron House Place Condominiums
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VCU MONROE PARK CAMPUS Residential College & Parking Deck
RESEARCH|EDUCATION New construction of 450,000sf of education facilities. Designed to LEED principles. 408-bed residential college; 689-car parking deck; includes classroom space; retail operations including Chili’s Restaurant, Starbuck’s Café and a convenience market. Parking deck completed in 2007. Residential College and retail completed in August 2008; $61.5 million investment. 301 West Cary Street & 100 South Jefferson Street Virginia Commonwealth University
Health and Life Sciences Laboratory, School of Engineering, Monroe Park Campus
RESEARCH|EDUCATION New construction of 25,000sf of state-ofthe-art collaborative research environment that provides a facility to connect multiple programs. It will house 12-15 principal investigators and staff with a technical focus on systems biological engineering. Designed to LEED silver standards. Construction is underway (completion in 2009); $13,500,000 total investment. 601 West Main Street Virginia Commonwealth University
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VCU BrandCenter RESEARCH|EDUCATION New & rehab construction of 30,000sf of education facilities. Renovation of 22,000sf Belting Building; new construction of 8,000sf is home to the VCU BrandCenter. Opened January 2008. Received Interior Design Award from Contract Magazine. Completed in 2008; $9,100,000 total investment. 101 South Jefferson Street Virginia Commonwealth University
James W. Black Music Center
RESEARCH|EDUCATION New & historic rehab construction of 35,000 sf of education facilities. Designed to LEED principles. Renovated of selected areas of the existing building (20,000sf) and demolished the existing addition to allow construction of a new 14,000sf addition accommodating the Department of Music’s instructional, rehearsal, and office needs Completed in 2008; $4,700,000 total investment. 1015 Grove Avenue Virginia Commonwealth University
School of Engineering & School of Business
RESEARCH|EDUCATION New construction of 250,000sf of education facilities. Designed to LEED principles. 114,900sf, School of Engineering; 135,000sf School of Business. Schools are co-located to encourage both undergraduate and graduate interdisciplinary study. School of Engineering $41.8 million; School of Business $42.2 million investment. Opened January 2008. Project has received 5 construction and design awards, including a national award from the Construction Management Association of America. 301 and 401 West Cary Street Virginia Commonwealth University
General Classroom Building RESEARCH|EDUCATION New construction of 105,000sf of education facilities. Designed to LEED silver standard. Building will house Department of English, and the School of Social Work. Two floors will be dedciated to general classrooms, seating from 80 to 300 students. Construction is underway (completion in 2012); $44,000,000 total investment. 1000 Floyd Avenue Virginia Commonwealth University
Cary St. Recreation Center RESEARCH|EDUCATION
New & historic rehab construction of 125,000sf of education facilities. Design to LEED silver standard. 100,0000sf of new recreation space, including 4 basketball courts, swimming pool, locker rooms, offices, climbing wall, & racquetball courts. Construction is underway (completion in 2010); $45,700,000 total investment. 911 West Cary Street VIrginia Commonwealth University WINTER 2009
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DOWNTOWN PEOPLE
POP GOES
THE
CONDO
hen Jim Tate, an IT administrator for Media General, bought his home in the Marshall Street Bakery Condos, he was the first resident in the building. He purchased a two-bedroom condo on the second floor. The clean design, while modern, features a more traditional layout. The floors throughout the space are bamboo, and the paints he used on the walls are eco-friendly. With help from his designer, Tate chose warm, yet punched-up, colors—pale orange accented by a deep tangerine wall in the living room energizes the space. Light yellow on the kitchen walls flows smoothly from the twilight hues
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The brick courtyard located in the center of the facility.
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in the living room. “I had never decorated anything before. I picked out stuff I liked and that I thought looked good together,” Tate says. Retaining much of the charm of the building’s original architecture, the condo offers a lot of natural light. Tate also has a balcony off his master bedroom, a shared brick courtyard in the center of the facility and a common rooftop deck offering views of Downtown Richmond, Gallery 5 and The Diamond. These are all bonuses to Tate, who loves the neighborhood and the new experience of being able to walk to work, great restaurants and art galleries. CWS
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Tate loves the neighborhood and the new experience of being able to walk to work, great restaurants and art galleries.
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HISTORIC JACKSON WARD Eco Flats FOR LEASE RESIDENTIAL Historic rehab of 15,000sf of residential space; 16 twobedroom units; 2 three-bedroom units; 18 parking spaces. Green components of the project include: recycled ceramic tile; no VOC paints (interior); paperstone bartops; reduced heat effect roofing; pervious paver parking lot; reduced runoff and heat island effects; low-flow fixtures; low-flow toilets. Completed in 2008. 613 thru 603 Brook Road Sam McDonald and Property Results
Booker T. Washington Plaza
Marshall Street Bakery Condos FOR SALE RESIDENTIAL Historic rehab of 8 one-bedroom units; 15 two-bedroom units. Completed in 2008; $5,000,000 total investment. [Meet a resident, see page 22.] 110-118 W. Marshall Street Alex Alexander and The Hanson Company
FOR LEASE RESIDENTIAL Historic rehab of 20 one-bedroom units; 8 two-bedroom units. Construction is underway (completion in 2009); $3,000,000 total investment. 21 E. Leigh Street
Emrick Flats FOR SALE RESIDENTIAL Historic rehab of 3,000sf of office space; 28,000sf of residential space; 16 one-bedroom units; 9 two-bedroom units. Additional amenities: indoor parking with most remaining units. Completion in 2008; $4,100,000 total investment. Emrick Chevrolet Building located on the triangle at Adams, Brook and Marshall Streets Property Results LLC
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MIXED-USE|FOR SALE RESIDENTIAL New & rehab construction of 7,150sf; 1,507sf of retail space; 5,643sf of residential space; 11 studios; 1 one-bedroom unit; 430sf of living space per unit; 11 parking spaces. Completed in 2008; $1,000,000 total investment. 516 North 2nd Street Walker Row Partnership, Inc. www.jacksonward.com
HISTORIC JACKSON WARD
Studio 516
Ram Cat Alley Apartments FOR LEASE RESIDENTIAL Historic rehab of 42,805sf of residential space; 38 onebedroom units; 21 two-bedroom units; 591sf per onebedroom; 831sf per two-bedroom. Additional amenities: fitness center, wireless internet and DIRECTV will be available. Construction is underway (completion in 2009); $7,327,897 total investment. 111 West Marshall Street Hunt Investments, LLC
The 212 MIXED-USE|FOR SALE RESIDENTIAL Historic rehab of 19,000sf; 5,000sf of office space; 14,000sf of residential space; 4 one-bedroom units; 8 two-bedroom units; 750-1,500sf of living space per unit. Conversion of the Southern Aid Historical Society building into 12 condominiums ranging from $154,000-$279,000. Completion in 2009; $3,200,000 total investment. 212 East Clay Street Walker Row Partnership, Inc. www.jacksonward.com
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SCIENCE DISTRICT BIOTECH Virginia BioTechnology Research Park The Virginia BioTechnology Research Park is a dynamic scientific community strategically located in Downtown Richmond. The park opened 13 years ago and is home to 55 life science organizations occupying 1.1 million square feet of research and office space in 9 buildings, representing a capital investment of $525 million. The park employs more than 2,000 scientists, researchers, engineers and technicians. The largest single component of the park, Philip Morris USA Center for Research and Technology, opened in 2007 and employs approximately 600. The park continues to grow and opened BioTech Eight in 2008.
BioTech 8
RESEARCH|TECHNOLOGY New construction of 76,0000sf; 2,000sf of office space; 10,000sf of research space; 22,000sf of government facilities; includes 299 parking spaces. Additional amenities: 2,000 squarefoot conference and training facility, central mail and express package facilities, X-ray processing, Autoclave Cold room, buffet kitchen conference rooms of various sizes. Completed in 2008; $20,000,000 total investment. 737 North 5th Street Virginia BioTechnology Research Park www.vabiotech.com.
VCU MEDICAL CENTER Massey Cancer Center Lab Improvements RESEARCH|EDUCATION Construction of 10,500sf of education facilities. Designed to LEED silver standards. Renovation of the second floor of the original Massey Cancer Center research building to enhance support to the researchers in the Goodwin Research Lab. Construction is underway (completion in 2011); $12,900,000 total investment. 401 College Street Virginia Commonwealth University
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MCV Campus Recreation Center Addition RESEARCH|EDUCATION New construction of 31,000sf of education facilities. Designed to LEED silver standards. Addition to the Recreation and Aquatic Center includes new dining services, additional recreation space and student services meeting space. Construction is underway (completion in 2009); $15,700,000 total investment. 9th and Turpin Street Virginia Commonwealth University
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VCU MEDICAL CENTER
VCU Critical Care Hospital RESEARCH|EDUCATION New construction of 367,000sf of education facilities. Designed to LEED principles. 15-story tower; includes 327 patient beds, surgical suites, public lobby area, burn center, acute care, neonatal intensive care, and a secure care center. Completed in 2008; $192 ,000,000 total investment. 1213 East Clay Street Virginia Commonwealth University Health System
VCU Medical Sciences Building II
RESEARCH|EDUCATION New construction of 9-story building; 125,000sf of education facilities; modern research building for 58 Primary Investigators and their staffs. Includes a lecuture hall and meeting space on the first floor. Designed to LEED certified standard. Construction is underway (completion in 2009); $71,500,000 total investment. 1220 East Broad Street Virginia Commonwealth University
W. Baxter Perkinson Jr. Building School of Dentistry Addition on MCV Campus RESEARCH|EDUCATION New construction of 54,000sf of education facilities—housing research, clinic and teaching space. Designed to LEED silver standard. Construction is underway (completion in 2009); $21.5 million total investment. 1101 Leigh Street Virginia Commonwealth University
New School of Medicine RESEARCH|EDUCATION New construction of 200,000sf of education facilities. Designed to LEED silver. Design is led by the international firm of I.M. Pei Architects. A new School of Medicine to be located on the site currently occupied by A.D. Williams Clinic. The building will be 12 stories, with 3 stories for cancer research, 3 stories for medical simulation training, and the remainder for medical education, including undergraduate, graduate, and continuing education. Construction is underway (completion in 2013); $158,000,000 total investment. 1201 East Marshall Street Virginia Commonwealth University
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School of Pharmacy Renovations RESEARCH|EDUCATION Renovation of 10,000sf of education facilities in the Robert Blackwell Smith School of Pharmacy building including the public entry area, several classrooms and labs. Designed to LEED principles. Design is underway (completion in 2010); $5,000,000 total investment. 410 North 12th Street Virginia Commonwealth University WINTER 2009
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DOWNTOWN PEOPLE
For Vogeleer and Anne Taite Austin, The Reserve offers a perfect blend of abundant light, clever design and comfortable space.
CONTINUOUS LIGHT
avid Vogeleer’s one bedroom, two bath condo at The Reserve, on the edge of Church Hill, embodies the openness he has always loved. Design elements replace walls. A pub-style granite counter separates the kitchen from the living area. No room is closed off from the natural light that the oversized windows provide. When he bought the condo, Vogeleer, who works for The Martin Agency, made the decision to raise the wall separating the master bedroom by 17 inches, creating a little more privacy without the loss of the The Euro-Asian posh community spaces of the The Reserve continuous light he values. The Granny Smith appleare created with texture, earth tones and smart lighting. green wall in the living room sets
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off the fireplace and adds drama in the abundant natural light. Complemented by the warm colors on the surrounding walls as well as the deep hues of the leather sofa and earth tones in the area rug that define the space, the hearth is also a perfect media center. One of the unique features in the home is the master bedroom closet. Vogeleer hired Closet Factory to make the closet a more customized space, which does double duty as a hallway to the bathroom. As for one of his favorite things about the place, Vogeleer states, “I love the balcony. You can see a lot of Downtown, or up into Church Hill.” CWS
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EXIT THE WORKPLACE
DOWN TOWN AFTER HOURS Rendezvous Situated in the Broad Street “Hot Hundreds” corridor, Rendezvous (17-19 W. Broad St.), is part avantgarde gallery scene staple and part Art Deco vintage venue. Stop for a drink before gallery hopping, or stay to sample Chef Michael Bates’ artful cuisine. A 2008 Artini standout and First Friday’s mainstay, this boutique-style bistro is open for weekday lunch and dinner. The lounge is open until 2 a.m.
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Gibson’s Grill at the National Theater For a pre- or post-show dinner, or a weekday lunch, don’t miss Gibson’s Grill (7th St. and East Broad St.), the newest creation of restaurant dynamos Johnny and Katrina Giavos. Gibson’s Grill offers unpretentious bar and bistro food, and an extensive drink menu. Diners can nestle into large banquettes and still enjoy the sleek, two-story setting and large windows that look out on the bustling downtown scene. Its atmosphere continues and reinterprets the vintage elegance of the National Theater. And its menu—with sections called “Opening Acts,” “Groupies,” “Roadies,” and “Main Events”—is ready for its close-up.
Aurora Its name means “dawn,” but Aurora lives its dine-drink-indulge philosophy from day into evening. The café, restaurant, and lounge brings chic, sleek Euro-flair to City Central, at the corner of Grace and 4th. The menu’s sumptuous salads, sandwiches and specials are complemented by a tapas menu and eyepopping desserts from awardwinning Pastry Chef Scott Davison. Dance until 2 a.m. ThursdaySaturday, or inquire about renting this artful space for your own event. D o w n t o w n R i c h m o n d C R E A T I V E WORK SPAC
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BIG CITY, BRIGHT LIGHTS
The Mayor and members of his Transition Team [left to right]: Zane Robinson, Executive Assistant to the Mayor; Mayor Jones and Margaret Pugh.
UPLIFTING THE COMMUNITY ev. Dwight C. Jones began a new chapter in his life of service to the community when he was sworn in as Mayor of Richmond in January. He brings a legacy of economic empowerment, and positive change for all members of the community especially those who are not in the mainstream of the city’s economic life.
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A Philadelphia native, his relationship with Richmond began when he attended historic Virginia Union University where he obtained his B.A. in Sociology and Master of Divinity. After earning his D. Min. in Ohio, Jones returned to Virginia where he’s since been a public servant for over 35 years.
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Many of his community projects have focused on the Southside of the city, a major part of the constituency he represented in the House of Delegates (3rd District) from 1993 until 2008. Dr. Jones is the pastor of the First Baptist Church of South Richmond. He founded the Imani Intergenerational Community Development Corporation which builds affordable housing and provides workforce initiatives in the Hull Street area. He is a former chairman of Richmond Renaissance (now Venture Richmond) and he is the founder of the South Richmond Senior Center. He is a long-time supporter of the revitalization of city neighborhoods
affected by blight. “We are seeing a resurgence of businesses investment Downtown,“ he notes. “Richmond has experienced incredible public and private economic development that I will continue to encourage as mayor,” he says. One Downtown project underway, CenterStage, he envisions as “an arts complex that not only has great performances, but quality arts education for our youth.” This fits into Jones’ concept that economic vitality means a wholistic vision beyond simply developing commerce. “Our city must have fun and creative spaces to play and live.” CWS
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Third Quarter 2008
COMMERCIAL LISTINGS Building 107 S 5th St 10 S 6th St Richmond Plaza Building 7 N 8th St Shockoe Center Exchange Alley Bldg Watkins Cottrell Bldg Canal Crossing Central National Bank 600 E. Broad Street Theatre Row Office Bldg Federal Reserve Bank Of Richmond West Tower - Riverfront Plaza 9 East Tower - Riverfront Plaza One James Center Two James Center Three James Center Edgeworth Bldg @ Tobacco Row The Maggie Walker Bus. & Tech Ctr 10 E. Franklin Street Metro Chamber Building One Franklin Square 700 Centre Building Seventh And Franklin Building Chesterman Place Riverside on the James Eskimo Pie Bldg Main Street Centre DEQ Bldg The 700 Building Eighth & Main Bldg Former First Union Buildings Wytestone Plaza First National Bank Building One Capital Square The Mutual Building SunTrust Building The Ironfronts Capitol Place The Bank Of America Center Exchange Place One Shockoe Plaza Commercial Block Turning Basin Bldg
Name Address 107 S 5th St 10 S 6th St 111 S 6th St 7 N 8th St 11 S 12th St 23-25 S 13th St 111-117 S 14th St 101-115 S 15th St 219 E Broad St 600 E Broad St 712-730 E Broad St 701 E Byrd St 01 E Byrd St 951 E Byrd St 901 E Cary St 1021 E Cary St 1051 E Cary St 2100 E Cary St 501 E Franklin 10 E Franklin St 201 E Franklin St 411 E Franklin St 700 E Franklin St 701 E Franklin St 100 W Franklin St 1001 Haxall Pt 528-530 E Main St 600 E Main St 629 E Main St 700 E Main St 707 E Main St 800 E Main St 801 E Main St 823 E Main St 830 E Main St 909 E Main St 919 E Main St 1007-1013 E Main St 1106-1108 E Main St 1111 E Main St 1309-1317 E Main St 1 Shockoe Plz 100 Shockoe Slip 111 Virginia St
Building SF 92,752 35,418 269,097 167,398 53,000 24,637 57,430 128,000 230,000 213,266 166,741 700,000 490,414 409,190 420,000 334,200 233,200 142,000 48,000 31,020 19,028 132,682 160,000 180,720 32,808 263,066 45,327 425,727 116,315 181,790 325,000 26,889 253,346 163,000 187,896 155,000 570,269 56,263 66,930 545,316 72,306 125,210 38,016 88,905
Available SF 0 0 206,500 0 9,685 7,000 3,700 62,700 135,500 6,334 53,668 5,500 303,413 22,850 19,769 13,767 22,716 46,486 0 0 0 31,571 49,352 31,977 8,900 26,892 6,337 0 8,576 102,058 12,447 0 123,391 53,726 100,228 0 110,412 720 19,309 127,885 8,432 15,000 2,500 12,518
% Leased 100.0 100.0 23.3 100.0 81.7 71.6 93.6 93.2 100.0 97.0 67.8 99.2 88.5 100.0 95.3 95.9 98.5 67.3 100.0 100.0 100.0 86.3 69.2 83.3 72.9 89.8 86.0 100.0 92.6 51.0 96.2 100.0 51.3 74.5 46.7 100.0 81.6 98.7 71.2 77.5 88.3 100.0 93.4 92.4
Avg Rent $15.50 $16.50 $16.50 $17.00 $19.00 Negotiable $16.00 $17.67 $20.00 $29.59 Negotiable $26.50 $26.50 $21.80 $22.50 $18.00 $13.06 $14.00 $15.13 $23.66 $13.55 $13.50 $14.00 $18.00 Negotiable $16.50 $15.00 $22.05 $14.00 $13.95 $18.85 $15.50 Negotiable Negotiable $21.47
Select listings of properties for lease in Downtown Richmond provided by Kit Tyler and Chuck Ellsworth, Grubb & Ellis | Harrison & Bates www.harrison-bates.com
The City of Richmond Department of Economic Development is here to help any company, large or small, find space Downtown. Call 646-3061.
Residential Condos Initial Offering SOLD OUT Look for Resales Jackson Commons Jackson and Price Streets New construction and historic rehab: single family townhomes and condominiums; multiple phases, 83 homes; 2-4 bathrooms; up to 2,300sf with 2-car garages. Phase 3 is completed and sold out. A total of 14 units have been completed to date. Completed 2008. Walker Row Partnership, Inc. www.jacksonward.com The 2c Condos 112 East Clay Street Conversion of the North Carolina Mutual Life Insurance Building: 12 condominiums—2-3 bedrooms, 2-3 bathrooms; contemporary style, sliding glass doors, and penthouses with rooftop decks; 7,500sf retail on ground level (first floor). Completed 2007. Walker Row Partnership, Inc. www.jacksonward.com Vistas on the James 301 Virginia Street Mixed-use: condominiums, commercial, parking; new construction: $50 million, 168 units, 18-story condo tower, 1-3 bedrooms and 1-2 bathrooms. Completed 2007. Dominion Partners, LLC. www.VistasOnTheJames.com Riverside on the James 1001 Haxall Point Mixed-use: Office, parking, retail, condominiums: $90 million, 719,000sf total, 230,000sf office, 70,000 sf retail, and entertainment, 800 space parking garage, 122 condominiums with parking, 1-2 bedrooms, 1-2 bathrooms. Completed 2006. Dominion Partners, LLC. www.RiversideOnTheJames.com Church Hill Gables 2418 E Franklin Street Mixed-use: Rehab construction; 1,000sf of office space; 16,000sf of residential space; units are for sale; 6 one-bedroom units; 11 two-bedroom units; 700-1,000sf of living space per unit; 17 parking spaces. Green components of the project include: rear plaza with garden and water feature. Additional amenities: secure garage parking and gas grill for residents on private garden terrace; wifi is available on the premises. Completed in 2008. 2418 E Franklin Street Robert Kline www.UrbaniteDigs.com
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