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Return to Virginia Business - June 2004

Commercial Real Estate Quarterly

What’s going up

Virginia Business
June 2004

Richmond
Riverside on the James, an $82 million development under construction on Brown’s Island, is about 76 percent leased. A 215-foot office tower, with views of the James River and Richmond’s downtown skyline, has attracted such tenants as national banking investment firm Harris Williams & Co. and the law firm of Troutman Sanders LLP. The project, being developed by the Daniel Corp. of Birmingham, Ala., and The Cordish Co. in Baltimore, will include luxury apartments and retail space. Occupancy is planned for the spring of 2005.

Sterling
TRINITY Group Construction of Herndon is building a $2.5 million, 64,800-square-foot building for Store to Door, a mobile self-storage company based in Woburn, Mass. The building will house more than 3,600 mobile self-storage units and should be complete by August. Store to Door takes storage vaults to customers. When customers are through packing, the company hauls the locked vaults back to climate-controlled buildings where they are stored for a monthly fee.

Suffolk
Rose & Womble Realty Co. has moved into its new 15,000-square-foot business center in the Harbour View development of Suffolk. It which will house divisons for new and existing home sales and six affiliated companies. The company plans to develop 250 acres of commercial property in Harbour View into a 1 million-square-foot office park that would include hotels and business and office centers.

Williamsburg
Hubert Construction LLC of Gaithersburg, Md., has broken ground on the $5.7 million Colonial Heritage Williamsburg Country Club and Sports Center. The complex will include a 32,000-square-foot country club and a 9,000-square-foot sports center with indoor and outdoor pools and tennis courts. It’s scheduled for completion in March 2005.

Return to Virginia Business - June 2004


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