With its Institute for Contemporary Art set to open this weekend, VCU appears to be turning its attention across the street for its next development project.
The university has filed an application with the city’s Commission of Architectural Review that shows a roughly 13-story structure that would replace a former restaurant building it owns at 501 W. Broad St.
The existing building, which previously housed a New York Fried Chicken & Biscuit restaurant, would be demolished to make way for the new project.
The building’s planned use is not clear from the application, which was first reported by the Times-Dispatch. Meredith Weiss, vice president of administration, said the university is aiming to determine the building’s use by December.
Spokesman Michael Porter said the existing building would be razed soon for “safety and aesthetic reasons, which will allow the property to be possibly used as parking in the short term.”
Drawings for the proposal were done by Walter Parks Architects, and engineering firm Obsidian Inc. also is listed on the application.
The proposal is set to be heard at the commission’s April 24 meeting. A timeline for the demolition has not been announced.
The site is two parcels down Broad Street and across Belvidere Street from the ICA, which is having a grand opening this weekend. The $41 million art institution originally was scheduled to open last fall.
Since announcing the ICA in 2014, VCU has remained busy purchasing nearby property, including the former Hess gas station at Belvidere and Broad between the ICA and former restaurant site.
One property that has thus far eluded the university is 600 W. Grace St., the former Sunoco gas station at Belvidere and Grace streets adjacent to the ICA. The corner property is owned by Steve Uphoff, owner of Uppy’s Convenience Stores and bowling alley chain Uptown Alley.
In June, Uphoff announced plans for an 18-story mixed-use tower to rise on the site. Earlier this year, he reaffirmed those plans and said VCU has continued to show interest in purchasing it.
Attempts to reach Uphoff this week were unsuccessful. A spokeswoman said Tuesday that Uphoff had no comment on the status of the project.
Porter said VCU would not comment on pending real estate deals.
The university holds several other properties around town for which it has yet to announce plans. In February it paid $3.5 million for 534 N. Harrison St., the former Mansion 534 nightclub building. In 2014, it purchased the former home of Sally Bell’s Kitchen at 708 W. Grace St. for $980,000, according to city property records.