A massive mixed-use project in Henrico County received top honors at a local commercial real estate event on Tuesday.
Gumenick Properties’ Libbie Mill development was named Project of the Year at the Greater Richmond Association for Commercial Real Estate’s 14th annual Commercial Real Estate Awards Tuesday evening.
The awards, held at The Country Club of Virginia, recognized six transactions and nine projects.
Libbie Mill is a $434 million mixed-use project taking shape on 79.5 acres along Staples Mill Road and Libbie Avenue. It includes a 53,000-square-foot Southern Season grocery store, 60,000 square feet of office space, 100,000 square feet of retail, and a new 50,000-square-foot Henrico County library.
“The community is the largest revitalization project in the 400-year history of Henrico County,” GRACRE remarked about Libbie Mill in its write-up for the awards.
Here are the rest of Tuesday’s winners:
Best industrial: Lumber Liquidators East Coast Distribution Center
Best food and beverage: Ardent Craft Ales Brewery & Taproom
Best office: Teleperformance Customer Service Center
Best hospitality: First Freedom Center Residence Inn/Courtyard by Marriott
Best cultural: The Beacon Theatre
Best urban multi-family: 1200 Semmes Apartments
Best suburban multi-family: Marshall Spring at Gayton West
Best historic adaptation: Cookie Factory Lofts
Best industrial sale: Enterchange Portfolio
Best medical lease: Sheltering Arms at Reynolds Crossing
Best retail sale: West Broad Marketplace Assemblage
Best urban office lease: The Martin Agency at One Shockoe Plaza
Best suburban office lease: McKesson Medical-Surgical Inc. at Deep Run III
Best office sale: Highwoods Portfolio