A local real estate firm has scored a new headquarters in the former Fan home of a Richmond soccer club.
One South Realty Group recently purchased the old Richmond Kickers building at 2314 W. Main St. for $650,000 and is planning to convert it into their new offices with five apartments in the back.
“It’s a cool building,” said Rick Jarvis, a principal at One South. “It’s going to give us some more space, and it’s going to be a better deal for the company.”
Jarvis said the rental income from the apartments would go a long way toward servicing the loan on the building. One South bought the property as Kickers Building LLC from Richard Ripp, who owns several Arby’s franchises in the area.
Jarvis said that the interior of the building is being demolished and that the firm should move in by summer.
The project will cost about $1.3 million, Jarvis said. Johannas Design Group is the architect on the project, and Monument Companies is doing the build-out. One South will do away with the giant soccer cleat and soccer ball on the side of the building, Jarvis said.
The 8,000-square-foot building comes with almost 25 parking spaces, which One South will share with the renters. The company will take about 4,000 square feet and is adding a loft area, which will bring its office space to about 4,300 square feet.
The company also plans to get some revenue by leasing parking to area businesses.
One South was founded by Tom Rosman, Rick Jarvis and his wife Sarah Jarvis in 2008, and it has grown to about 40 people. Its original headquarters was at 1435 W. Main St. in a building owned by Eck Enterprises.
One South has worked on about 15 projects since its inception, including condo developments and some new housing developments such as Ginter Place off Brook Road, the Cary Mews near VCU and Emrick Flats in Jackson Ward.
Jarvis said the new building is a big step for the company.
“I think it’s a sign that this little crazy idea we had to form a mixed-use firm was a valid one,” he said. “You know, there is some validation I suppose. We’ve been growing in a time when others have been shrinking so, yeah, it’s really cool.”