Financial firm to relocate from Stony Point to Scott’s Addition

Agili plans to move its office to the former McKinnon & Harris building at 1806 Summit Ave. (Mike Platania)

On the heels of landing a national coworking chain, a former furniture factory-turned-office building in Scott’s Addition has lured another tenant and filled its 37,000 square feet.

Agili, a Richmond-based financial planning firm, plans to move its office to the former McKinnon & Harris building at 1806 Summit Ave., which is being redeveloped by the local Spy Rock Real Estate Group.

Agili, a 25-year-old firm that until earlier this year was known as JoycePayne Partners, is leasing 6,000 square feet in the building and will leave its existing home on the Southside at 9030 Stony Point Parkway.

“A lot of our clients are looking for an experience,” said Michael Joyce, Agili president. “They can meet with us and then go grab lunch or dinner, and you can get more of that in a vibrant neighborhood like Scott’s Addition.”

Joyce said the move also is aimed at catering to some of the 25-year-old firm’s employees.

“It’s particularly attractive for our younger employees, many of whom don’t live far away from Scott’s Addition,” he said.

Agili will join Florida-based Venture X, a chain of coworking spaces that is leasing 18,000 square feet in the building.

With Agili and Venture X signed on, Spy Rock principal Andrew Basham said the building is fully leased with four tenants. He would not name the other two.

Agili is designing a workplace built to foster a coworking approach; it’s expected to open in late November. It will have private meeting spaces plus an open floor plan.

Joyce said the new offices will have enhanced video-conference capabilities to connect employees and clients across its Richmond and Bethlehem, Pennsylvania, offices.

Another attraction is a proposed multi-use trail, for which Spy Rock developed the first phase. The biking and walking trail would connect more traffic flow through the area and add more green space to the neighborhood.

Basham said there’s been a push in recent years from the neighborhood, city administration and Councilwoman Kim Gray to design and implement the trail, which would connect across Boulevard to the Science Museum area.

“We hope to work with the city to continue to push that along to provide for some public open space in this really urban setting,” Basham said. “We want a little more connectivity to the north and the east.”

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