Lidl closes on Staples Mill site

A Lidl store in Arcole, Italy. (Courtesy Lidl US)

A Lidl store in Arcole, Italy. (Courtesy Lidl US)

The next wave of European grocery chain stores to invade Richmond is beginning to swell.

Lidl closed last week on the site of its planned location at 9101 Hermitage Road, a 9.2-acre unimproved tract along Staples Mill Road in Henrico County.

The Germany-based chain, through its Lidl US Operations LLC, purchased the property from Hermitage Investment Group LLC on Aug. 29 for $800,000. A county assessment in January valued the land at $675,900.

The site is one of at least six that Lidl has purchased or plans to acquire in metro Richmond, including two others in Henrico, two in Chesterfield County and one in the city.

It closed in late February on 4.5 acres at 5110 Laburnum Ave., the site of the former Bill Talley Ford dealership, which it purchased for $2.8 million. The next day, March 1, it closed on a 5-acre site at 11701 Iron Bridge Road, which it purchased for $2.5 million.

A Lidl prototype site plan requires a minimum of 3.5 acres for 36,000 square feet of store space and 150 parking spots. (Courtesy Lidl US)

A Lidl prototype site plan requires a minimum of 3.5 acres for 36,000 square feet of store space and 150 parking spots. (Courtesy Lidl US)

Deals are also in the works for stores at 1301 Mall Drive in Chesterfield, a 3.1-acre site owned by Southeastern Associates Inc.; a 36,000-square-foot space in Markel | Eagle Partners’ GreenGate project west of Short Pump; and a half-acre site at 4700 W. Broad St., the site of the former Colonial Downs betting parlor.

While the company has yet to open a store in the U.S. or release design plans or renderings for its stores here, a layout of a prototype Lidl location shows a standalone store totaling 36,000 square feet with at least 150 parking spaces on a minimum of 3.5 acres.

Following the lead of fellow German grocery competitor Aldi, Lidl is actively pursuing sites along the East Coast from Pennsylvania to Georgia. It announced last year that it was establishing its U.S. corporate headquarters in Virginia, in Arlington County, and a distribution center is planned in Spotsylvania County.

Lidl spokesman Will Harwood said the company’s investment in those two facilities exceeds $200 million. While he did not disclose the construction cost of each store, Harwood said the company continues to seek additional sites in and around Richmond, where its land purchases alone already exceed $6 million.

“We’re looking at a number of sites in the area,” Harwood said. “We’re always looking for more.

“We’re actively laying the early preparations to launch our stores,” he said.

Omnipresent throughout Europe, Lidl operates nearly 10,000 stores in 26 countries. The chain offers meats, produce, bakery items and household goods at economical prices.

While Lidl is laying the groundwork for its Richmond stores, Aldi has opened eight stores in the area since entering the market last year, with more in the works in Chesterfield and Henrico.

And the Richmond grocery scene continues to heat up with the arrival of two Wegmans stores earlier this year, as well as the forthcoming entry of Publix into the market.

A Lidl store in Arcole, Italy. (Courtesy Lidl US)

A Lidl store in Arcole, Italy. (Courtesy Lidl US)

The next wave of European grocery chain stores to invade Richmond is beginning to swell.

Lidl closed last week on the site of its planned location at 9101 Hermitage Road, a 9.2-acre unimproved tract along Staples Mill Road in Henrico County.

The Germany-based chain, through its Lidl US Operations LLC, purchased the property from Hermitage Investment Group LLC on Aug. 29 for $800,000. A county assessment in January valued the land at $675,900.

The site is one of at least six that Lidl has purchased or plans to acquire in metro Richmond, including two others in Henrico, two in Chesterfield County and one in the city.

It closed in late February on 4.5 acres at 5110 Laburnum Ave., the site of the former Bill Talley Ford dealership, which it purchased for $2.8 million. The next day, March 1, it closed on a 5-acre site at 11701 Iron Bridge Road, which it purchased for $2.5 million.

A Lidl prototype site plan requires a minimum of 3.5 acres for 36,000 square feet of store space and 150 parking spots. (Courtesy Lidl US)

A Lidl prototype site plan requires a minimum of 3.5 acres for 36,000 square feet of store space and 150 parking spots. (Courtesy Lidl US)

Deals are also in the works for stores at 1301 Mall Drive in Chesterfield, a 3.1-acre site owned by Southeastern Associates Inc.; a 36,000-square-foot space in Markel | Eagle Partners’ GreenGate project west of Short Pump; and a half-acre site at 4700 W. Broad St., the site of the former Colonial Downs betting parlor.

While the company has yet to open a store in the U.S. or release design plans or renderings for its stores here, a layout of a prototype Lidl location shows a standalone store totaling 36,000 square feet with at least 150 parking spaces on a minimum of 3.5 acres.

Following the lead of fellow German grocery competitor Aldi, Lidl is actively pursuing sites along the East Coast from Pennsylvania to Georgia. It announced last year that it was establishing its U.S. corporate headquarters in Virginia, in Arlington County, and a distribution center is planned in Spotsylvania County.

Lidl spokesman Will Harwood said the company’s investment in those two facilities exceeds $200 million. While he did not disclose the construction cost of each store, Harwood said the company continues to seek additional sites in and around Richmond, where its land purchases alone already exceed $6 million.

“We’re looking at a number of sites in the area,” Harwood said. “We’re always looking for more.

“We’re actively laying the early preparations to launch our stores,” he said.

Omnipresent throughout Europe, Lidl operates nearly 10,000 stores in 26 countries. The chain offers meats, produce, bakery items and household goods at economical prices.

While Lidl is laying the groundwork for its Richmond stores, Aldi has opened eight stores in the area since entering the market last year, with more in the works in Chesterfield and Henrico.

And the Richmond grocery scene continues to heat up with the arrival of two Wegmans stores earlier this year, as well as the forthcoming entry of Publix into the market.

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Commercial Real Estate

Editor's Picks

Subscribe
Notify of
guest

6 Comments
oldest
newest most voted
Inline Feedbacks
View all comments
Bert Hapablap
Bert Hapablap
7 years ago

Makes you wonder how much the market can support the proliferation of grocery stores in the area. Kind of like the rapid growth of breweries here lately, eventually we’re going to hit oversaturation and the weaker businesses will fold.

Margaret Thompson
Margaret Thompson
7 years ago

Did they happen to notice the gorgeous, EMPTY Southern Season space a couple of miles down the road (and a little further from its competition, Aldi?)?

Frank Smith
Frank Smith
7 years ago

“Did they happen to notice the gorgeous, EMPTY Southern Season space a couple of miles down the road (and a little further from its competition, Aldi?)?”

Yes, they did. And they also noticed the, now almost completely empty, former Martin’s location at Glenside and Staples Mill.

steven cohen
steven cohen
7 years ago

A few years ago Bottom Dollar a low priced food store owned by Delhaize America, came into the PA/NJ/DE market in the same way Aldi and Lidl are coming into RVA. All GONE!

While these companies due their obvious due-diligence on market demographics, come on people how any food store brands can this area support. As Frank look at SS, I knew Southern Seasons was a ‘BUST’ from day one!

Time will tell the tale, RBS will share the story-

Respectfully,
Steven Cohen

Steve Coffield
Steve Coffield
7 years ago

Why is Lidl taking so long to build these stores? Aldi is miles ahead of them in opening stores. Aldi buys the property and has the store opened in a matter of months. Lidl seems to be dragging their feet.

David Goodwin
David Goodwin
7 years ago

Actually, Lidl is extremely quick. They are 8 months AHEAD of their plan. Aldi doesn’t own their land or the buildings. They simply sign a lease and move in. Lidl has to buy land, rezone it (In a lot of cases), receive county to approve, then start construction on the entire building