Take a tour of Downtown lofts.

Experience Richmond’s urban sophistication.

Meet the owners and hear their stories.VENTURERICHMON

D

.COM

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CONTRIBUTORSExecutive Editors:Lucy Meade, Venture RichmondTed Randler, Palari Publishing LLPManaging Editor: Rebecca JonesWordsAtosa DabneySheri DoyleRachel Gregory

Downtown R ichmond

WORKSPACCREATIVEDesigning Your Perfect Blend of Art and Commerce

INSIDE THIS ISSUEDowntown News . . . . . . . . . . . . . . . . . . . . .2Creative Chambers: Chief Judge James Spencer . . . . . . . . . . . . . .4

Greening Downtown . . . . . . . . . . . . . . . . . . . .6

Downtown Development Update . . . . . . . . . .7

Downtown After Hours: Rendezvous; Gibson’sGrill at the National Theater; Aurora . . . . . . .30

Uplifting the Community: Mayor Dwight Jones . . . . . . . . . . . . . . . . . . . .32

Commercial Listings . . . . . . . . . . . . . . . . . . . .33

Volume: 4 Issue: 1 Winter 2009

City of Richmond Department of Economic Development(804) 646-5633

w w w . c i . r i c h m o n d . va . u sCarthan F. Currin, DirectorDara Glass, Deputy Director

Jack BerryJim Watkins Lucy MeadeLisa Sims Erika Gay

To advertise in upcoming issues call:Palari Publishing LLP (804) 355-1035or email: dave@palaribooks.com

Palari Publishing LLP was established in 1998 in Richmond, Virginia. Palari is a forward-thinking, independent, royalty-based publishercommitted to producing innovative periodicals, fiction and nonfiction books. Through our hardcover and trade paperback originals, Palariprovides authoritative, well-written nonfiction that addresses topical consumer needs and fiction with an emphasis on intelligence and quality.

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 is published and owned in partnership with Palari Publishing LLP.

Mavis Wynn Sharon Bassard Stephen Lecky Renee Gaines

The Team:

CONTACT DATA

(804) 788-6466

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 wascreated by Robert A.M. Stern to inspire a sense of majesty and awe. Read more on page 4.

Majesty & AweTerry Hampton, David JenningsPart-time:

www.creativeworkspace.biz

PhotographyWalker AllenStephanie Garr

page:2 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 SPACWINTER 2009CWS Powered by Venture Richmond

DOWNTOWN NEWS

Spurrier Media Group, Qorvis Communica-tions, and advertising agency SmithGiffordhave found a new home in the historic LadyByrd Hat factory building. Located near theTurning Basin of the Canal Walk in ShockoeSlip, the building offers the companieseasy access to one another as well as theirclient base.

In addition to their Richmond locations, thecompanies have offices in Northern Virginiaand Washington, D.C. However, owners of

SmithGifford, Mark Smithand Bruce Gifford,consider the new ShockoeSlip location a practicaldecision given theircompany’s strong ties tothe Richmond community.

The city is their majorsource for suppliers, production, andphotography. The Lady Byrd Hat buildingnot only gets these companies closer tothe community, but also puts them underone roof as a means of improving business.

Spurrier Media Group, Qorvis, and SmithGif-ford have a long history of working together,and share a number of clients, including theVirginia Lottery, Brown’s Auto Group, and theFoundation for the National Archives. Soinstead of relying on e-mails or conferencecalls, projects can be completed with a tripdown the hall.

In addition to the benefit of sharing space,the building’s distinctive blend of moderndesign, technology and original construc-tion complements the unique flavor of thesemedia companies.

Spurrier Media Group,Qorvis Communications, & SmithGifford Join Forcesin the Slip

Grace Yoga, located at 209 N. FousheeStreet, offers a handsome environmentto practice Vinyasa style yoga. “Whenpeople walk in they have a feeling ofwarmth and being at home. I wantpeople to get a sense that we are astudio that welcomes everyone,” saysowner Arlene Bjork.

At over 3,000 square feet, this center

is the largest of its kind in the Rich-mond area, but its calming, mini-malist design adds intimacy.

“The students feel like [they’re]a part of something and aren’t lostin a big room.”

The Great Asana Room canaccommodate a 32-person class aswell as after-hours events, while thesmaller Satya Room, with a glassbalcony overlooking the lower

level, holds 22 people. Far from thetypical wall-to-wall mirrors of mostyoga studios, Grace Yoga boasts high,intricately molded ceilings, stunninghardwood floors and a wealth of wallspace for inspiring work by local artists.

“The character of the buildingspeaks for itself. That’s why I fell inlove with it,” Bjork says.

Open Spaces for Peaceful Faces

Bjork: “When people walk in they have a feeling of warmth and being at home.”

Downtown Recycles

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Recycling Downtown just got easier.The Downtown Neighborhood Asso-ciation (DNA) launched a pilotprogram for recycling in the MonroeWard and Historic Broad St. neigh-borhoods last fall.

Venture Richmond is funding theDNA program and working with othersto expand the recycling programthroughout Downtown. Recycling is apriority for Venture Richmond’sMarketing/Advocacy Committee andcommittee members Andy Thornton,Helen Reed and Jane Milici are takingthe lead to place more communityrecycling bins throughout DowntownRichmond. Specially designed andmarked bins are currently availablefor public use at the Media Generalloading dock, the RenaissanceCenter parking lot, on Main Streetbetween 2nd and 3rd Streets, and inthe La Diff parking lot at 15th andDock Streets.

Users can deposit recyclablesincluding newspaper, catalogues,office paper, clean cans, plasticbottles marked for recycling, andboxes. There is no need to sortthese items.

Jane Milici, an architect withCornerstone Architects and vicepresident of DNA, explains that oneof the goals for this program isfinding additional locations in theDowntown area and encouragingbusinesses with two or more dump-sters to consider substituting onewith a recycling dumpster. A Down-

town transfer station with multiple binsand truck accessibility is also a goal ofthis program.

Milici is optimistic about themomentum this pilot program has gath-ered since its inception in October.

“With Venture Richmond behind it,something big could happen,” says Milici.

Andy Thornton, owner of La Diffand executive committee member of VR,

believes the program will benefit Down-town residents and merchants.

“A comprehensive program of thiskind just makes good business sense.It will become a bigger and biggerselling point, because people are real-izing that more than fifty percent ofwaste is recyclable. Recycling andsustainability are not fads and they arenot going away,” he says.

Recycle Team: Helen Reed, Andy Thornton & Jane Milici

Users can deposit recyclablesincluding newspaper,

catalogues, office paper, cleancans, plastic bottles marked

for recycling, and boxes.

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DESIGN FORWARD

Richmond’s Spottswood W. Robinson III& Robert R. Merhige, Jr. United StatesCourthouse opened in October 2008,

but for Chief Judge James Spencer of the USDistrict Court, the new building has been animportant project since 1992. Spencer wasvery involved in the creation of the newbuilding, adamantly supporting its Down-town location.

“We want to be good citizens, and we wantto be part of the renaissance happening herein Richmond,” says Spencer. He cites theemergence of hotels and the performing artscenter as reasons to trust in Richmond’spotential for growth. “We're just about toblossom here in Downtown.”

Spencer also played a role in choosing whowould take on this massive design project.After interviewing several architectural

CREATIVECHAMBERS:CHIEFJUDGEJAMESSPENCER

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firms, Spencer and his team decided onRobert A.M. Stern.

“He’s someone who has the courage tosee the vision through,” says Spencer.He immediately knew he wanted Sternfor the job after Stern said, “If you arelooking for somebody to build anotherbox, you’re talking to the wrong archi-tect.” And a box it surely is not. Thestunningly curved structure, with itsenormous glass windows, opens to apublic plaza and boasts views ofCapitol Square, Jefferson’s VirginiaState Capitol, and the Lewis F. PowellCourthouse. The $102 millionbuilding is not just meant to beaesthetically pleasing, however.Spencer desired a welcoming designthat impacts individuals in a mean-ingful way.

Speaking of the 100-foot high atriumSpencer says, “We wanted [thepublic] to get a sense of majesty andawe, and we wanted them to feel theweight of the justice system.” As forthe view, he believes it illustrates theimportance of “always beingconnected to the solid foundation ofyour past.”

Spencer had his hand in the design andlocation of the building, but the namingof 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 havechosen men with backgrounds moremeaningful to Spencer.

As the first African Americanfederal judge and first chief judgein Virginia, Spencer recognizesRobinson’s and Merhige’s contribu-tions to the civil rights movement.Spencer believes that merging thelegacies of these influentiallawyers of different races was the“hand of God,” marking a “shifttoward an understanding thatwe’re all in this together.” CWS

Above: “We wanted [the public] to get a senseof majesty and awe, and we wanted them to

feel the weight of the justice system,” Spencersays of the 100-foot atrium.

Right: The judge in his office.

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GREENING DOWNTOWN

The Shockoe Valley Press building at1207 E. Main Street is getting a newlook that is both fresh and environ-

mentally-friendly. The Virginia Associ-ation of Counties (VACo) purchasedthe property, and has set an Aprilmove-in date. The renovations will becomplete in January.

VACo Executive Director James Camp-bell explains the renovation’s threeprimary goals.

“We wanted to preserve the historiccharacter of the building, make it asenergy-efficient as possible, andhave useable, modern office spaces,”says Campbell.

The renovation includes a green roofthat uses vegetation and white surfacesthat will help cool the building. Theplants will also utilize rainwater thatwould otherwise go into the stormwater system.

The new building will serve asVACo’s headquarters. The second-floor offices have been leased, butthere are still first-floor retail andoffice spaces available. This effort tofurther the greening of Downtown isone of many VACo projects thatsupport their mission to effectivelyrepresent, promote, and protect theinterests of counties to better serve the people of Virginia. CWS

Campbell: “We wanted to preserve the historic

character of the building, [and] makeit as energy-efficient as possible.”

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Home: Residential Development

Briefcase: Office Facility For Sale or Lease

Pencil: Education or Research Facility

Parking has been developed

Project uses Green Design elements

Shopping Cart: Retail Space/Restaurant

Entertainment: Music/Performance Venue

ICON KEY

Wifi is available

NEIGHBORHOODSCity Center ............................................................8

Financial District ..................................................11

Riverfront | Canal Walk........................................12

Shockoe Bottom ..................................................13

Shockoe Slip ........................................................16

Rocketts Landing ................................................17

Manchester ..........................................................18

Monroe Ward ......................................................20

VCU Adjacent Neighborhoods..........................20

VCU Monroe Park Campus ................................21

Historic Jackson Ward ........................................24

Virginia BioTechnology Research Park ..............26

VCU Medical Center ..........................................26

DOWNTOWN PEOPLEYour Own Private DowntownSamantha Dorsey at Sterling Row ....................14

Pop Goes the CondoJim Tate at the Marshall St. Bakery Condos ....22

Continuous LightDavid Vogeleer and Anne Taite Austin at The Reserve......................................................28

DOWNTOWNDEVELOPMENTUPDATE 2009

T H E C I T Y O F R I C H M O N D ’ S

page:8 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 SPACWINTER 2009CWS Powered by Venture Richmond

Throughout much of its 105-yearlifespan, Miller & Rhoads depart-ment store was symbolized by its

ornate clock. A bold restoration projectis now turning the hands of the clockforward—and back—transforming theformer shopping destination into ahotel, condominium and retail spacethat blends historic character withmodern amenities.

Scheduled to open this winter, theMiller & Rhoads Residences and HiltonGarden Inn will occupy the 8-storyspace between Broad, Grace, 5th and6th Streets. The 250 hotel rooms and

133 condominiums will preservevintage details including the originalwindows, much original marble andmaple flooring, and the signature M&Rlogos. The lobby will feature two largefireplaces and a ground-floor restau-rant that recreates the feeling of theMiller & Rhoads Tea Room.

The hotel and condominiums haveseparate entrances, elevators andfitness facilities while sharing a groundfloor connection and a swimming pool.The condominiums feature open, loft-like spaces, contemporary kitchens,sleek bathrooms, and walk-in closets.

The renovation has been led by NewOrleans-based HRI Properties inpartnership with Prudential Securi-ties and ECI Development Services.HRI Chief Administrative OfficerEddie Boettner sees this project aspart of a larger revitalization ofDowntown Richmond.

“Projects like this have a catalytic effecton everything around them,” says Boet-tner. “Downtown Richmond is vibrant.There is a lot going on—80,000 peoplework here—and we know that 133 ofthem are going to say, ‘I want tolive here.’” CWS

MILLER & RHOADS REDUX

Boettner: “Projects like this have a catalytic effect on

everything around them.”

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Each year, Downtown Richmond sees its perennial developers start and complete a new roundof development projects. We also see new developers, both local and national, who makeinvestments in Downtown Richmond. In December 2008, Venture Richmond gathered 22developers for its annual Downtown Development Forum, which featured 60 of the 70 projectshighlighted on the next 22 pages. Here’s what developers, who are relatively new to Richmond, had to say about Downtown:

AHEAD OF THE CURVE

“Our company does business in other cities of various sizes and Igotta say the depth, the diversity of what’s going on in DowntownRichmond is mind-boggling. In these economic times projects likeyou’re seeing—condos and other things—are just not happening orstalled [in other cities]. I actually ran into someone last night whowas visiting Richmond for the first time from New York, and theywere just blown away by the level of construction and the thingsthat were occurring here. And facilities like the one we’re in [TheNational] prove the diversity and resurgence of Downtown Rich-mond. From an outsider’s perspective, you all ought to be proud of what’s going on down here.”Anthony P. Nero, PresidentArmada Hoffler Development Company, Virginia Beach

“Downtown Richmond is moving likeyou’ve never seen it. Thrilled to be here and

be a part of this….I think Richmond isahead of most other areas of the country

that we’re looking at.”Eddie Boettner, Principal

HRI Properties, New Orleans

CITY CENTER

FOR SALE |RESIDENTIALHistoric rehabincludes 126,574sfof residential space;73 one-bedroom; 30one-bedroom + den (convertible tosecond bedroom); 30 two-bedroomunits; 610-1,481sf ofliving space per

unit. Green components of the project include energy-effi-cient lighting and latest energy efficient HVAC systems withprogrammable thermostats in all units. Additional amenities:restaurants on the ground floor, retail space and adjacent tothe Hilton Garden Inn Richmond Downtown, which is inte-grated within the Miller & Rhoads building. Construction isunderway (completion winter 2009). 230 N. Sixth StreetHRI Propertieswww.hriproperties.com.

Rebirth of the Miller & Rhoads Building into Two Significant ProjectsOpening Early 2009

HOTEL | RESTAURANT|RETAILHistoric rehab including 250 hotel rooms; 21,000sf ofrestaurant/retail space; 200 parking spaces. Additionalamenities: pool and spa in enclosed atrium, 24/7 PavilionPantry for sundries and snacks, GSS beds feturingcustomizable sleep system, PrinterOn system to allowprinting from room, fitness center, complimentary busi-ness center, valet parking; wifi is available on the prem-ises. Construction is underway (completion winter 2009).501 E. Broad StreetHRI Propertieswww.hriproperties.com.

Hilton Garden Inn Downtown Richmond

Miller and Rhoads Residences

25 Developers | 70 Projects | $2 Billion in Investment

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CITY

CEN

TER COMMERCIAL|OFFICE

Historic rehab of 45,000sf of office space.The renovation was pre-certified as a greenbuilding by Leadership in Energy andEnvironmental Design (LEED) at its goldlevel. Construction is underway (completion in 2009).626 E. Broad StreetThe Wilton Companywww.thewiltonco.com

626 E. Broad Street

HOTELRennovation Apple REIT purchased theRichmond Marriott in January 2008 for$53.3 million. The 18-story, 401-room hotelis currently undergoing a $10 millionrenovation. Completion in 2009;$63,000,000 total investment.500 E. Broad StreetApple REIT Sevenwww.applereitcompanies.comwww.richmondmarriott.com.

Richmond Marriott

Verizon State President’s Office

RESEARCH|EDUCATION Historic rehab of 5,000sf; 500sf of

art & culture/attraction venues;4,500sf of education facilities. Thenew interior has been designed to

retain architectural and historicelements 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 100The Wilton Companieswww.thewiltonco.com

University of Richmond Downtown

COMMERCIAL|OFFICE New construction of 346,000sfof government facilities;includes 64 parking spaces.The building has been LEED(Leadership in Energy andEnvironmental Design) silvercertified, making it a certified“green building.” Thebuilding has a seven storyatrium that overlooks thecorner of East Broad andSeventh Streets. There arenine courtrooms in thebuilding, with space for afuture tenth courtroom.Completed in 2008;$102,000,000 total investment.701 E. Broad StreetUnited States Department of General Services.

Spottswood W. Robinson III & Robert R. Merhige, Jr., United States Courthouse

COMMERCIAL|OFFICEVerizon has renovated and moved itsexecutive offices into its formerheadquarters building at 703 E. GraceStreet. Ground was originallybroken for this building in Decemberof 1928 and occupied in January1930. Subsequent building additionsextended along the entire block ofGrace Street.Verizon

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PERFORMING ARTS New & historic rehab of 179,000sf. Richmond CenterStage isa 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 Centerwww.richmondcenterstage.com

Richmond CenterStageNEW MUSIC VENUESThis historic rehab has created a great environment forthe artists/performers who can have a closer intimateexperience with the audinece. The back of the housereally 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 StreetRIC Capital Ventures Partnerswww.thenationalva.com

The National

FINANCIAL DISTRICTCOMMERCIAL|OFFICEHistoric rehab of 25,000sf of officespace, completed in 2008. AppleREIT bought and combined twobuildings; one formerly occupiedby Craigie, Inc. and the other wasthe former Richmond OfficeSupply, which was gutted andmeticulously renovated. A creative touch, the company’sapple logo, digitally replicated on

square cement blocks, runs ina frieze along the top of the building.814 E. Main StreetApple REIT Companieswww.applereitseven.com

COMMERCIAL|OFFICE Property transfer of 424,761sf ofgovernment office space;includes 329 parking spaces. Completed in 2008.600 E. Main StreetThe State of Virginia Departmentof General Services

Main Street CentreCOMMERCIAL|OFFICE Property transfer of 188,000sf of government office space. Completed in 2008. $8,950,000 total investment.9th and E. Main StreetsVCU Health Systems

One Capital Square

COMMERCIAL|OFFICE New construction of 245,500sf; 200,000sf ofoffice space; 5,500sf of retail space; 40,000parking spaces; units are for lease. Greencomponents of the project include: theanchor tenant, Williams Mullen, willachieve a LEED certificationfor their buildout. Constructionis underway (completion in2010); $60,000,000 total investment.200 South 10th StreetArmada Hoffler Development Company www.ArmadaHoffler.com

Williams Mullen Center

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Apple REIT Companies

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COMMERCIAL|OFFICE New construction. Two-acre site;parking garage with nearly 1,000spaces. Construction is underway(completion in 2009).Byrd Street between 5th and 7th

Federal Reserve Bank’sParking Deck

CORPORATE HEADQUARTERSNew construction of 310,000sf of office space; 1,050parking spaces. MeadWestvaco is pursuing sustain-ability-driven construction and operational efficienciesthroughout the interior and exterior design, includingthe use of energy and water, and employee work envi-ronments. Construction is underway (completion in 2009).501 S. Fifth StreetNewMarket Corporationwww.newmarket.com

MWV Corporate Headquarters

RESEARCH|TECHNOLOGYNew construction of 30,600sf to the existing250,000sf research center. The new addition willprovide office, laboratory, and mechanical testspaces; construction is underway (completion in 2009). 500 Spring StreetNewMarket Corporationwww.newmarket.com

Afton Chemical CorporationR&D Facility Expansion

COMMERCIAL|OFFICEmixed-use: office, hotel, residential, retail. NewMarket Corporationowns the property. Construction of phase 1 began in 2007 andincludes the MeadWestvaco corporate headquarters and the FederalReserve Bank’s new parking deck, which fronts on Byrd Streetbetween 5th and 7th Streets. Foundry Park is a 9-acre site with 3.5remaining acres for mixed-use development.Tredegar to Byrd Streets between 5th and 7th Foundry Park

Foundry Park

RIVERFRONT | CANAL WALK

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SHOCKOE BOTTOM

MIXED-USEHistoric rehab of 61,291sf; 4,788sf of retail space; 53,764sf of residentialspace; 52 one-bedroom units for lease; 13 two-bedroom units; one-bedroomunits average 813sf per unit, two-bedrooms average 852sf of living spaceper unit. All units have free internet and DIRECTV and parking either on-site or directly across the street. Completion in 2008; $11,385,000 total investment.1710 East Broad StreetHunt Investments, LLC

FOR LEASE RESIDENTIALHistoric rehab construction; units are for lease. Additionalamenities: theater, club room and shared amenities with theother buildings. Completion in 2008; $12,000,000 total investment. Forest City Enterprises

River Lofts at Tobacco Row Lucky Strike Building

FOR LEASE RESIDENTIALProperty transfer construction;units are for lease. Renovation ofthe original 250 Tobacco Rowlofts. Construction is underway(completion in 2009).Forest City Enterprises

Tobacco Row

Raven’s Place Apartments

COMMERCIAL|OFFICEHistoric rehab of18,500sf of office space;45 parking spaces.Completion in 2008.Cary and Pear Streets in Shockoe BottomProperty Results, LLC

The Power Plantat Lucky Strike

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COMMERCIAL|OFFICEHistoric rehab of 7,000sf of office space.Completion in 2008. 50 Pear StreetCapital Results

Lucky Strike Garage

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YOUR OWN PRIVATE DOWNTOWNS amantha Dorsey, a student at

VCU, moved into SterlingRow in May of 2008. Since

then her love of the building andher neighborhood has grown. “Thearea pleasantly surprised me. It isso exciting to see the area becomewhat it should be.” The location ofher apartment near the 17th StreetFarmers’ Market and Downtowndrew her to the area. But thebuilding’s character, along with herpersonal rooftop deck, offeringfantastic views of Richmond, arewhat sold Dorsey on her condo.

Her den, located above hergarage, is a great place to play poolsurrounded by walls adorned withantique Coca-Cola memorabilia,

something she began collectingwith her parents.

Dorsey customized the nextlevel of the condo with a granite & wood fireplace and stone back-splash along with a small winecellar in the kitchen. She utilizesthe spaciousness of her rooms andthe open floorplan to highlighther transitional furniture. Thedining room table is an antiquepub piece that she refinished.Dorsey decorates the three-bedroom home with collectedthings from her travels allover the world—such as tilesfrom Portugal that creativelymake a wall mural at the top of the stairs. CWS

The private rooftop deck, offering fantastic views of Richmond, sold Dorsey on her apartment.

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FOR SALE RESIDENTIAL New construction; 4 two-bedroom units; 4 three-bedroom units. Completion in 2007;$3,000,000 total investment. As ofDecember 2008 four units are available for sale.110 N. 19th StreetSterling-Bilder Developerswww.sterlingrow.com

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FOR SALE RESIDENTIAL Restoration of one building and newconstruction of another: 25 condominiums; 1-2 bedrooms; 700-1440 sf; renovated buildingcompleted 2007 and sold out (9 units). Newconstruction building 16 units. Starting at$220,000. Completed in 2008. Winner of ACO25th & E. Franklin Streets on the edge of Church HillClachan Properties

ON THE DRAWING BOARD: Shockoe Center

Highwoods Properties hasproposed a $363,000,000 invest-ment that will transform a run-down area of Shockoe Bottominto a transit-oriented, mixed-usetown center with a 7500 seatminor league ballpark.

FOR LEASE RESIDENTIALNew & historic rehab construction; 43,265sf ofresidential space; units are for lease; 2 studios;24 one-bedroom units; 26 two-bedroom units;3 three-bedroom units; 496-1,565sf of livingspace per unit; 55 parking spaces. Construc-tion is underway (completion in 2009). 2020 E. Franklin StreetGeorge Emerson and Phil Roper

Dill Factory

FOR LEASE RESIDENTIALHistoric rehab: A former foundry is beingrenovated into 31 apartments; units are forlease. Construction is underway (completionin June 2009).110 S. 15th Street

110 S. 15th Street

FOR LEASE RESIDENTIALHistoric rehab of 110,500sf; 93,722sf of residential space; 85 one-bedroom units; 24 two-bedroom units; 500 -1,050sf of living spaceper unit; 150 parking spaces. Green components of the projectinclude: energy-efficient windows, efficient mechanical systems,bamboo floors, adaptive re-use of existing structure. Wifi is availableon the premises. Completed in 2008.20th and Cary Streetswww.mainstreetrealty.info

Upper Lofts at Canal Walk

The Reserve Phase 2

SHOCKOE SLIP

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ROCKETTS LANDING

MIXED-USE|FOR SALE RESIDENTIALNew & 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 retailspace; 100,000sf of art, culture & attraction venues; 5,000 parkingspaces; 3,000,000sf of residential space; 750sf-4,500sf of living space perunit. 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 fallof 2009. Construction is underway; $750,000,000 total investment.5000 Old Osborne TurnpikeRocketts Landing rockettsvillage.com

Rocketts Landing

Riverbank Terraces (Rendering)

Cedar Works Condominiums 83 units; 1-3 bedrooms; 1-2 bathrooms; remaining units starting at $210,000.

Fall Line Condominiums: 49 units; 1-2+ bedrooms; 1.5-2.5 bathrooms;

remaining units starting at $300,000.

210 Rock Condominiums: 58 units; 1-2 bedrooms; 1-2 bathrooms; remaining units starting at $245,000.

Sky Line Condominiums: 60 units; 1-2+ bedrooms; 1.5-2.5 bathrooms; remaining units starting at $300,000.

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FOR LEASE RESIDENTIALHistoric rehab.Completed in 2008.1104 Porter StreetMiller & Associates

1104 Porter Street

FOR SALE RESIDENTIALNew construction of 4,560sf ofresidential space; 4 two-bedroomunits; 1,140sf of living space perunit. Pending EarthCraft certification. Completed in 2008;$600,000 total investment.210 & 212 West 12th StreetMiller & Associates

12th Street Flats

FOR LEASE RESIDENTIALHistoric rehab of 1,300sf of residential space; 1 three-bedroom unit. Completed in 2008; $170,000 total investment.1317 Bainbridge StreetMiller & Associates

1317 Bainbridge Street

FOR LEASE RESIDENTIAL Rehab of 1,800sf of residential space; 1 three-bedroom unit. Completed in 2008; $200,000 total investment. 1319 Bainbridge StreetMiller & Associates

1319 Bainbridge Street

MIXED-USE | FOR LEASE Rehab of 22,000sf;10,000sf of officespace; 10,000sf ofretail space; 10,000sfof art & culture/attraction venues;7,000sf of residentialspace; 1 one-bedroom

unit; 2 two-bedroom units; 1,150 - 3,600sf of living spaceper unit. Location close to dining, arts and entertainmentvenues. 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 StreetPareto, LLCwww.ParetoLLC.com.

FOR LEASE RESIDENTIALHistoric 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 BridgeSam McDonald and Property Results

Paper Company[formerly the Cauthorne Buildings]

MANCHESTER

Manchester Proper

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FOR LEASE RESIDENTIALHistoric rehab of70,000sf; 62,000sf of residential space; 30 one-bedroom units;36 two-bedroom units;4 three-bedroom units;495sf to 1,399sf ofliving space per unit.Construction isunderway (completion in 2009);$8,500,000 total investment.815 Perry StreetWatson Bros., LLC

MIXED-USE | FOR LEASE Historic rehab of 300,000sf; 29,000sf ofoffice space; 350 parking spaces; 225,000sfof residential space. Green components ofthe project include: recycled flooring,recycled historic shell. Additional ameni-ties: outdoor pool. Construction isunderway (completion in 2009); $45,000,000 total investment. Commerce Road and Stockton StreetFrench Consulting Company

Tobacco Factory

COMMERCIAL|OFFICENew construction; 15,000sf of office space. Completion in 2008.Bainbridge Street and Commerce RoadW.M.Jordan Company

W. M. Jordan CompanyOffice Expansion

MIXED-USE | FOR LEASEHistoric rehab construction. Federalstyle post office being converted to 2 apartments; 3,200sf of office space;community room space. Construction is underway (completion in 2009). 1019 Hull StreetCharles MacfarlaneSam McDonaldChris Dillon

Manchester Post Office

MIXED-USE | FOR LEASE Historic rehab construction of 59,000sf; 53,000sf of residen-tial space; units are for lease. Construction is underway(completion in 2009); $5,000,000 total investment.Hull Street between 10th and 11th StreetThe Hanson Company LLC

Old Manchester Plaza

Perry Place Apartments

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FOR LEASE | RESIDENTIALHistoric rehab of 16 studios. Greencomponents of the project include: recy-cled construction material, utilized onlyLEED certified landfill in Virginia;energy-efficient lighting and fixtures.Wifi is available on the premises.Construction is underway (completionin 2009); $2,000,000 total investment.316 E. Grace StreetFrench Consulting Companywww.frenchcc.com

316 Crash

COMMERCIAL|OFFICEProperty transfer; state purchased 49,056sf of government office space; includes 60 parking spaces. 400 E. Cary StreetCommonwealth of Virginia Department of General Services

400 E. Cary Street

MIXED-USE | FOR LEASEHistoric rehab of 16,000sf; 2,800sf of office space; 13,200sf of residentialspace; 2 one-bedroom units; 8 two-bedroom units; 500-1,300sf of living

space per unit. Green components of the project include: recycledconstruction 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

MIXED-USE | FOR LEASEHistoric rehab of 9,000sf; 1,000sfof office space; 5 parking spaces;8,000sf of residential space;

5 two-bedroom units; 3 three-bedroom units;900 to 1,500sfof living spaceper unit. Addi-tional ameni-ties: stainedglass, grand

three-story main staircase withbanister and original skylight,original trim and flooring detail, huge windows. Construction is underway (completion in 2009).919 W. Grace StreetProperty Results, LLC

FOR SALE RESIDENTIALNew construction of 150,000sf ofresidential space; 12 two-bedroom units; 70 three-bedroom units; 1,200 to 3,000sfof living space per unit; 164parking spaces. 72 homes havebeen built and 68 sold. Ten morewill be built in the final phase.Construction is underway(completion in 2009); $20,000,000 total investment.714 South Pine StreetCommonwealth Properties, LLC www.cwprop.com

Overlook Townhouses

MONROE WARD

French Apartments

Brownstone 919

VCU ADJACENT NEIGHBORHOODSMIXED-USE | FOR SALE RESIDENTIAL

Rehab construction of 28,633sf;parking spaces; 13,431sf of residentialspace; 12 one-bedroom units; 12 two-bedroom units; 6 three-bedroom units; one-bedroom average 541sf,

two-bedroom average 785sf, three-bedroom average 1334sfof living space per unit. Completed in 2008; $5,552,600 total investment.1414 West Marshall StreetHunt Investments, LLC

Eagle Mill Towers Condominiums

MIXED-USE|FOR SALE RESIDENTIALRehab of 63,477sf; 3,861sf of retailspace; parking spaces; 45,646sf ofresidential space; 21 one-bedroomunits; 31 two-bedroom units; one-bedrooms average 589sf two-

bedrooms average 1072sf of living space per unit.Completed in 2008; $6,227,000 total investment. 1333 West Broad StreetHunt Investments, LLC

Iron House Place Condominiums

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RESEARCH|EDUCATIONNew construction of 450,000sf ofeducation facilities. Designed toLEED principles. 408-bed resi-dential college; 689-car parking deck;includes classroom space; retail opera-tions including Chili’s Restaurant, Star-buck’s Café and a convenience market.Parking deck completed in 2007. Resi-dential College and retail completed inAugust 2008; $61.5 million investment.301 West Cary Street& 100 South Jefferson Street Virginia Commonwealth University

Residential College & Parking Deck

RESEARCH|EDUCATIONNew construction of250,000sf of education facilities. Designed to LEEDprinciples. 114,900sf, Schoolof Engineering; 135,000sfSchool of Business. Schoolsare co-located to encourageboth undergraduate and graduate inter-disciplinary study. School of Engineering$41.8 million; School of Business $42.2million investment. Opened January2008. Project has received 5 constructionand design awards, including a nationalaward from the Construction Manage-ment Association of America.301 and 401 West Cary StreetVirginia Commonwealth University

RESEARCH|EDUCATIONNew & rehab construction of 30,000sf of education facilities. Renovation of 22,000sf Belting Building; newconstruction of 8,000sf is home to theVCU BrandCenter. Opened January2008. Received Interior Design Award from Contract Magazine.Completed in 2008; $9,100,000 total investment.101 South Jefferson StreetVirginia Commonwealth University

RESEARCH|EDUCATIONNew & historic rehab construction of 125,000sfof education facilities. Design to LEED silverstandard. 100,0000sf of new recreation space,including 4 basketball courts, swimming pool,locker rooms, offices, climbing wall, & racquet-ball courts. Construction is underway (comple-tion in 2010); $45,700,000 total investment.911 West Cary Street VIrginia Commonwealth University

RESEARCH|EDUCATIONNew construction of 105,000sf of education facilities. Designed toLEED silver standard. Building willhouse Department of English, and theSchool of Social Work. Two floors willbe dedciated to general classrooms,seating from 80 to 300 students.Construction is underway (completionin 2012); $44,000,000 total investment. 1000 Floyd AvenueVirginia Commonwealth University

General ClassroomBuildingRESEARCH|EDUCATION

New & historic rehab constructionof 35,000 sf of education facilities.Designed to LEED principles. Renovatedof selected areas of the existing building(20,000sf) and demolished the existingaddition to allow construction of a new14,000sf addition accommodating theDepartment of Music’s instructional,rehearsal, and office needs Completed in2008; $4,700,000 total investment. 1015 Grove AvenueVirginia Commonwealth University

Cary St. Recreation Center

VCU BrandCenter School of Engineering & School of Business

VCU MONROE PARK CAMPUS

James W. Black Music Center

RESEARCH|EDUCATIONNew construction of 25,000sf of state-of-the-art collaborative research environ-ment that provides a facility to connectmultiple programs. It will house 12-15principal investigators and staff with atechnical focus on systems biologicalengineering. Designed to LEED silverstandards. Construction is underway(completion in 2009); $13,500,000 total investment.601 West Main StreetVirginia Commonwealth University

Health and Life SciencesLaboratory, School of Engineering, Monroe Park Campus

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When Jim Tate, an ITadministrator for MediaGeneral, bought his

home in the Marshall StreetBakery Condos, he was the firstresident in the building. Hepurchased a two-bedroom condoon the second floor. The cleandesign, while modern, features amore traditional layout.

The floors throughout thespace are bamboo, and thepaints he used on the walls areeco-friendly. With help from hisdesigner, Tate chose warm, yetpunched-up, colors—paleorange accented by a deeptangerine wall in the living roomenergizes the space. Light yellowon the kitchen walls flowssmoothly from the twilight hues

in the living room. “I had never decorated

anything before. I picked outstuff I liked and that I thoughtlooked good together,” Tate says.

Retaining much of thecharm of the building’s orig-inal architecture, the condooffers a lot of natural light.Tate also has a balcony off hismaster bedroom, a sharedbrick courtyard in the center ofthe facility and a commonrooftop deck offering views ofDowntown Richmond, Gallery5 and The Diamond. These areall bonuses to Tate, who lovesthe neighborhood and the newexperience of being able towalk to work, great restaurantsand art galleries. CWSThe brick courtyard located in the center of the facility.

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Tate loves the neighborhood andthe new experience ofbeing able to walk to

work, great restaurantsand art galleries.

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FOR SALE RESIDENTIALHistoric rehab of 3,000sf of office space; 28,000sf of residen-tial space; 16 one-bedroom units; 9 two-bedroom units.Additional amenities: indoor parking with most remainingunits. Completion in 2008; $4,100,000 total investment.Emrick Chevrolet Building located on the triangle at Adams, Brook and Marshall StreetsProperty Results LLC

FOR SALE RESIDENTIALHistoric 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 StreetAlex Alexander and The Hanson Company

Marshall Street Bakery Condos

HISTORIC JACKSON WARD

FOR LEASE RESIDENTIALHistoric 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

Booker T. Washington Plaza

FOR LEASE RESIDENTIALHistoric rehab of 15,000sf of residential space; 16 two-bedroom units; 2 three-bedroom units; 18 parking spaces.Green components of the project include: recycledceramic 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 RoadSam McDonald and Property Results

Eco Flats

Emrick Flats

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FOR LEASE RESIDENTIAL Historic rehab of 42,805sf of residential space; 38 one-bedroom units; 21 two-bedroom units; 591sf per one-bedroom; 831sf per two-bedroom. Additional amenities:fitness center, wireless internet and DIRECTV will beavailable. Construction is underway (completion in2009); $7,327,897 total investment.111 West Marshall StreetHunt Investments, LLC

Ram Cat Alley Apartments

MIXED-USE|FOR SALE RESIDENTIALNew & rehab construction of 7,150sf; 1,507sf ofretail space; 5,643sf of residential space; 11 studios; 1 one-bedroom unit; 430sf of livingspace per unit; 11 parking spaces.Completed in 2008;

$1,000,000 total investment.516 North 2nd StreetWalker Row Partnership, Inc. www.jacksonward.com

Studio 516

MIXED-USE|FOR SALE RESIDENTIALHistoric rehab of 19,000sf; 5,000sf of office space; 14,000sf of residentialspace; 4 one-bedroom units; 8 two-bedroom units; 750-1,500sf of living

space per unit. Conversion of the Southern Aid Histor-ical Society building into 12condominiums ranging from$154,000-$279,000. Completion in 2009;$3,200,000 total investment. 212 East Clay StreetWalker Row Partnership, Inc. www.jacksonward.com

The 212

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SCIENCE DISTRICT

BIOTECH

VCU MEDICAL CENTER

RESEARCH|TECHNOLOGYNew construction of 76,0000sf;2,000sf of office space; 10,000sfof research space; 22,000sf ofgovernment facilities; includes299 parking spaces. Addi-tional amenities: 2,000 square-foot conference and trainingfacility, central mail and

express package facilities, X-ray processing, Autoclave Coldroom, buffet kitchen conference rooms of various sizes. Completed in 2008;$20,000,000 total investment.737 North 5th StreetVirginia BioTechnology Research Park www.vabiotech.com.

BioTech 8

RESEARCH|EDUCATIONNew construction of 31,000sf of education facilities. Designedto LEED silver standards. Addition to the Recreation andAquatic Center includes new dining services, additionalrecreation space and student services meeting space.Construction is underway (completion in 2009); $15,700,000 total investment.9th and Turpin StreetVirginia Commonwealth University

MCV Campus RecreationCenter Addition

Massey Cancer CenterLab ImprovementsRESEARCH|EDUCATIONConstruction of 10,500sfof education facilities.Designed to LEED silverstandards. Renovationof the second floor of theoriginal Massey Cancer Center researchbuilding to enhancesupport to theresearchers in theGoodwin Research Lab.Construction isunderway (completionin 2011); $12,900,000total investment.401 College StreetVirginia Commonwealth University

The Virginia BioTechnology ResearchPark is a dynamic scientific commu-nity strategically located in DowntownRichmond. The park opened 13 yearsago and is home to 55 life scienceorganizations occupying 1.1 millionsquare feet of research and office spacein 9 buildings, representing a capitalinvestment of $525 million. The park

employs more than 2,000 scientists, researchers, engineersand technicians. The largest single component of the park,Philip Morris USA Center for Research and Technology,opened in 2007 and employs approximately 600. The parkcontinues to grow and opened BioTech Eight in 2008.

Virginia BioTechnology Research Park

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RESEARCH|EDUCATION New construction of 200,000sf of education facilities. Designedto LEED silver. Design is led by the international firm of I.M.Pei Architects. A new School of Medicine to be located on thesite currently occupied by A.D. Williams Clinic. The buildingwill be 12 stories, with 3 stories for cancer research, 3 storiesfor medical simulation training, and the remainder for medicaleducation, including undergraduate, graduate, and continuingeducation. Construction is underway (completion in 2013); $158,000,000 total investment.1201 East Marshall StreetVirginia Commonwealth University

RESEARCH|EDUCATIONRenovation of 10,000sf of education facilities in theRobert Blackwell Smith School of Pharmacy buildingincluding the public entry area, several classroomsand labs. Designed to LEED principles. Design isunderway (completion in 2010); $5,000,000 total investment. 410 North 12th StreetVirginia Commonwealth University

RESEARCH|EDUCATIONNew construction of 9-story building;125,000sf of education facilities;modern research building for 58Primary Investigators and their staffs.Includes a lecuture hall and meetingspace on the first floor. Designed toLEED certified standard. Constructionis underway (completion in 2009);$71,500,000 total investment.1220 East Broad StreetVirginia Commonwealth University

VCU Medical SciencesBuilding II

W. Baxter Perkinson Jr. Building School of Dentistry Addition on MCV Campus

RESEARCH|EDUCATIONNew construction of 367,000sf of education facilities.Designed to LEED principles. 15-story tower; includes327 patient beds, surgical suites, public lobby area, burncenter, acute care, neonatal intensive care, and a securecare center. Completed in 2008; $192 ,000,000 total investment.1213 East Clay StreetVirginia Commonwealth University Health System

VCU Critical Care HospitalV

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School of Pharmacy Renovations

New School of Medicine

RESEARCH|EDUCATIONNew construction of 54,000sf of educationfacilities—housing research, clinic andteaching space. Designed to LEED silverstandard. Construction is underway(completion in 2009); $21.5 million total investment.1101 Leigh StreetVirginia Commonwealth University

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CONTINUOUS LIGHTD avid Vogeleer’s one bed-

room, two bath condo atThe Reserve, on the edge

of Church Hill, embodies theopenness he has always loved.Design elements replace walls. Apub-style granite counter sepa-rates the kitchen from the livingarea. No room is closed off fromthe natural light that the oversizedwindows provide. When hebought the condo, Vogeleer, whoworks for The Martin Agency,made the decision to raise the wallseparating the master bedroom by17 inches, creating a little moreprivacy without the loss of thecontinuous light he values.

The Granny Smith apple-green wall in the living room sets

off the fireplace and adds dramain the abundant natural light.Complemented by the warmcolors on the surrounding wallsas well as the deep hues of theleather sofa and earth tones inthe area rug that define thespace, the hearth is also a perfect media center.

One of the unique features inthe home is the master bedroomcloset. Vogeleer hired ClosetFactory to make the closet a morecustomized space, which doesdouble duty as a hallway to thebathroom. As for one of his favoritethings about the place, Vogeleerstates, “I love the balcony. You cansee a lot of Downtown, or up intoChurch Hill.” CWS

The Euro-Asian posh community spaces of the The Reserveare created with texture, earth tones and smart lighting.

For Vogeleer and Anne Taite Austin, The Reserveoffers a perfect blend of abundant light, cleverdesign and comfortable space.

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EXIT THE WORKPLACE

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Situated in the Broad Street “HotHundreds” corridor, Rendezvous(17-19 W. Broad St.), is part avant-garde gallery scene staple and partArt Deco vintage venue. Stop for adrink before gallery hopping, or stayto sample Chef Michael Bates’ artfulcuisine. A 2008 Artini standout andFirst Friday’s mainstay, thisboutique-style bistro is open forweekday lunch and dinner. Thelounge is open until 2 a.m.

Rendezvous

DOWNTOWNAFTERHOURS

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For a pre- or post-show dinner, or a weekday lunch, don’t missGibson’s Grill (7th St. and East Broad St.), the newest creation of restau-rant dynamos Johnny and Katrina Giavos. Gibson’s Grill offers unpre-tentious bar and bistro food, and an extensive drink menu. Diners cannestle into large banquettes and still enjoy the sleek, two-story settingand large windows that look out on the bustling downtown scene. Itsatmosphere continues and reinterprets the vintage elegance of theNational Theater. And its menu—with sections called “Opening Acts,”“Groupies,” “Roadies,” and “Main Events”—is ready for its close-up.

Gibson’s Grill at the National Theater

Its name means “dawn,” but Auroralives its dine-drink-indulge philos-ophy from day into evening. Thecafé, restaurant, and lounge bringschic, sleek Euro-flair to City Central,at the corner of Grace and 4th. Themenu’s sumptuous salads, sand-wiches and specials are comple-mented by a tapas menu and eye-popping desserts from award-winning Pastry Chef Scott Davison.Dance until 2 a.m. Thursday-Saturday, or inquire about rentingthis artful space for your own event.

Aurora

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BIG CITY, BRIGHT LIGHTS

UPLIFTING THE COMMUNITYR ev. Dwight C. Jones began a new

chapter in his life of service to thecommunity when he was sworn

in as Mayor of Richmond in January.He brings a legacy of economicempowerment, and positive change forall members of the community espe-cially those who are not in the main-stream of the city’s economic life.

A Philadelphia native, his relationshipwith Richmond began when heattended historic Virginia UnionUniversity 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’ssince been a public servant for over35 years.

Many of his community projects havefocused on the Southside of the city, amajor part of the constituency he repre-sented in the House of Delegates (3rdDistrict) from 1993 until 2008.

Dr. Jones is the pastor of the FirstBaptist Church of South Richmond. Hefounded the Imani IntergenerationalCommunity Development Corporationwhich builds affordable housing andprovides workforce initiatives in theHull Street area. He is a formerchairman of Richmond Renaissance(now Venture Richmond) and he is thefounder of the South Richmond SeniorCenter.

He is a long-time supporter of the revi-talization of city neighborhoods

affected by blight. “We are seeing aresurgence of businesses investmentDowntown,“ he notes. “Richmond hasexperienced incredible public andprivate economic development that Iwill continue to encourage as mayor,”he says.

One Downtown project underway,CenterStage, he envisions as “an artscomplex that not only has greatperformances, but quality arts educa-tion for our youth.”

This fits into Jones’ concept thateconomic vitality means awholistic vision beyond simplydeveloping commerce. “Our citymust have fun and creative spacesto play and live.” CWS

The Mayor and members of his Transition Team [left to right]: Zane Robinson, Executive Assistant to the Mayor; Mayor Jones and Margaret Pugh.

Powered by Venture Richmond

COMMERCIAL LISTINGS Select listings of properties for lease in Downtown Richmond provided by Kit Tyler and Chuck Ellsworth, Grubb & Ellis | Harrison & Bates www.harrison-bates.com

Building Name Address Building SF Available SF % Leased Avg Rent107 S 5th St 107 S 5th St 92,752 0 100.0 -10 S 6th St 10 S 6th St 35,418 0 100.0 -Richmond Plaza Building 111 S 6th St 269,097 206,500 23.3 $15.507 N 8th St 7 N 8th St 167,398 0 100.0 -Shockoe Center 11 S 12th St 53,000 9,685 81.7 $16.50Exchange Alley Bldg 23-25 S 13th St 24,637 7,000 71.6 $16.50Watkins Cottrell Bldg 111-117 S 14th St 57,430 3,700 93.6 $17.00Canal Crossing 101-115 S 15th St 128,000 62,700 93.2 $19.00Central National Bank 219 E Broad St 230,000 135,500 100.0 Negotiable600 E. Broad Street 600 E Broad St 213,266 6,334 97.0 $16.00Theatre Row Office Bldg 712-730 E Broad St 166,741 53,668 67.8 $17.67Federal Reserve Bank Of Richmond 701 E Byrd St 700,000 5,500 99.2 $20.00West Tower - Riverfront Plaza 9 01 E Byrd St 490,414 303,413 88.5 $29.59East Tower - Riverfront Plaza 951 E Byrd St 409,190 22,850 100.0 NegotiableOne James Center 901 E Cary St 420,000 19,769 95.3 $26.50Two James Center 1021 E Cary St 334,200 13,767 95.9 $26.50Three James Center 1051 E Cary St 233,200 22,716 98.5 $21.80Edgeworth Bldg @ Tobacco Row 2100 E Cary St 142,000 46,486 67.3 $22.50The Maggie Walker Bus. & Tech Ctr 501 E Franklin 48,000 0 100.0 -10 E. Franklin Street 10 E Franklin St 31,020 0 100.0 -Metro Chamber Building 201 E Franklin St 19,028 0 100.0 -One Franklin Square 411 E Franklin St 132,682 31,571 86.3 $18.00700 Centre Building 700 E Franklin St 160,000 49,352 69.2 $13.06Seventh And Franklin Building 701 E Franklin St 180,720 31,977 83.3 $14.00Chesterman Place 100 W Franklin St 32,808 8,900 72.9 $15.13Riverside on the James 1001 Haxall Pt 263,066 26,892 89.8 $23.66Eskimo Pie Bldg 528-530 E Main St 45,327 6,337 86.0 $13.55Main Street Centre 600 E Main St 425,727 0 100.0 -DEQ Bldg 629 E Main St 116,315 8,576 92.6 $13.50The 700 Building 700 E Main St 181,790 102,058 51.0 $14.00Eighth & Main Bldg 707 E Main St 325,000 12,447 96.2 $18.00Former First Union Buildings 800 E Main St 26,889 0 100.0 -Wytestone Plaza 801 E Main St 253,346 123,391 51.3 NegotiableFirst National Bank Building 823 E Main St 163,000 53,726 74.5 $16.50One Capital Square 830 E Main St 187,896 100,228 46.7 $15.00The Mutual Building 909 E Main St 155,000 0 100.0 -SunTrust Building 919 E Main St 570,269 110,412 81.6 $22.05The Ironfronts 1007-1013 E Main St 56,263 720 98.7 $14.00Capitol Place 1106-1108 E Main St 66,930 19,309 71.2 $13.95The Bank Of America Center 1111 E Main St 545,316 127,885 77.5 $18.85Exchange Place 1309-1317 E Main St 72,306 8,432 88.3 $15.50One Shockoe Plaza 1 Shockoe Plz 125,210 15,000 100.0 NegotiableCommercial Block 100 Shockoe Slip 38,016 2,500 93.4 NegotiableTurning Basin Bldg 111 Virginia St 88,905 12,518 92.4 $21.47

The City of Richmond Department of Economic Development is here to help any company,large or small, find space Downtown. Call 646-3061.

Jackson CommonsJackson and Price StreetsNew construction and historic rehab: singlefamily 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 beencompleted to date. Completed 2008. Walker Row Partnership, Inc. www.jacksonward.com

The 2c Condos112 East Clay StreetConversion of the North Carolina MutualLife Insurance Building: 12 condominiums—2-3 bedrooms, 2-3bathrooms; contemporary style, sliding glass doors, and pent-houses with rooftop decks; 7,500sf retail on ground level (firstfloor). Completed 2007. Walker Row Partnership, Inc. www.jacksonward.com

Vistas on the James301 Virginia StreetMixed-use: condominiums, commercial,parking; new construction: $50 million, 168 units, 18-storycondo tower, 1-3 bedrooms and 1-2 bathrooms. Completed2007. Dominion Partners, LLC. www.VistasOnTheJames.com

Riverside on the James1001 Haxall PointMixed-use: Office, parking, retail, condo-miniums: $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 Gables2418 E Franklin StreetMixed-use: Rehab construction; 1,000sf ofoffice 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. Greencomponents of the project include: rear plaza with garden andwater feature. Additional amenities: secure garage parking andgas grill for residents on private garden terrace; wifi is availableon the premises. Completed in 2008.2418 E Franklin Street Robert Klinewww.UrbaniteDigs.com

Third Quarter 2008

Residential CondosInitial Offering SOLD OUTLook for Resales