Jamaica House moving out of VCU-owned building, buys new home up the street

Jamaica lead

Jamaica House is moving from its home of 25 years at 1215 W. Broad St. after VCU terminated its lease. (Photos by J. Elias O’Neal)

A longtime staple in the VCU dining scene is moving out of the neighborhood and east to downtown.

Jamaica House is relocating its restaurant at 1215 W. Broad St. to 416 W. Broad St. after purchasing the two-story building Feb. 15 for $515,000.

Owner Carena Ives, who opened Jamaica House at its current location in 1994, said the move wasn’t by choice.

She said her landlord, the VCU Real Estate Foundation, told her it was terminating Jamaica House’s lease and the restaurant needed to be out of the space in the coming months.

“We’ve been at that location for many years, not knowing when they were going to do anything with the property,” Ives said. “It’s bittersweet for us … we would have liked to stay at the location, but it’s time for us to move on.”

Jamaica 2

Carena Ives, Jamaica House owner.

When Ives first established Jamaica House at its current location in the mid-1990s, there were few dining options in the area, and VCU was just beginning to catch its stride as a growing university.

“West Broad had some questionable areas back then,” Ives said. “But despite that, we were able to provide good food at an affordable price.”

A few years into the business, Ives purchased the building and eventually sold it to VCU in 2001 for $150,000, according to city property records.

As enrollment grew, VCU built the Grace & Broad dormitory complex around the restaurant years later.

“It just exploded,” Ives said. “That was good for business.”

Though the property is located along a stretch of West Broad Street that VCU has identified for more student housing and learning space, no site-development plan has been submitted to the city.

VCU Real Estate Foundation could not be reached for comment Friday afternoon.

General contractor is needed

Ives said they’re searching for a general contractor, which will need two to four months to complete its work. People can move in after that. The property most recently was home to retailer Master Bedrooms & More, which had been in business since 2011.

Annie O’Connor, a broker with Cushman & Wakefield | Thalhimer, represented Jamaica House during the transaction. Lory Markham and Ann Schweitzer Riley of One South Commercial represented the sellers.

Ives said she’s still creating a budget to renovate the 2,100 square feet of ground-floor commercial space in her new building, which also includes two apartments on the second level. Village Bank is providing the financing.

Jamaica House serves up Jamaican staples such as curry goat, oxtails, jerk chicken and cowfoot. Its sister restaurant – Carena’s Jamaican Grille – has been serving up similar fare in the Spring Rock Green shopping center in Chesterfield County for about 12 years.

Jamaica 1

Jamaica House is moving to 416 W. Broad St. in the Arts District.

The new downtown restaurant will seat 40 people, Ives said.

Leaving Jamaica House’s current location has been bittersweet for Ives, a Brooklyn native.
Having watched her restaurant grow at the location, she’s seen VCU students come and go, with some returning with their own families after graduation.

“It’s my baby, and I’m certainly going to miss being there,” Ives said. “There’s some high tension, high anxiety about this next phase, but we’re not going anywhere. We plan on being a part of the Richmond story.”

Jamaica lead

Jamaica House is moving from its home of 25 years at 1215 W. Broad St. after VCU terminated its lease. (Photos by J. Elias O’Neal)

A longtime staple in the VCU dining scene is moving out of the neighborhood and east to downtown.

Jamaica House is relocating its restaurant at 1215 W. Broad St. to 416 W. Broad St. after purchasing the two-story building Feb. 15 for $515,000.

Owner Carena Ives, who opened Jamaica House at its current location in 1994, said the move wasn’t by choice.

She said her landlord, the VCU Real Estate Foundation, told her it was terminating Jamaica House’s lease and the restaurant needed to be out of the space in the coming months.

“We’ve been at that location for many years, not knowing when they were going to do anything with the property,” Ives said. “It’s bittersweet for us … we would have liked to stay at the location, but it’s time for us to move on.”

Jamaica 2

Carena Ives, Jamaica House owner.

When Ives first established Jamaica House at its current location in the mid-1990s, there were few dining options in the area, and VCU was just beginning to catch its stride as a growing university.

“West Broad had some questionable areas back then,” Ives said. “But despite that, we were able to provide good food at an affordable price.”

A few years into the business, Ives purchased the building and eventually sold it to VCU in 2001 for $150,000, according to city property records.

As enrollment grew, VCU built the Grace & Broad dormitory complex around the restaurant years later.

“It just exploded,” Ives said. “That was good for business.”

Though the property is located along a stretch of West Broad Street that VCU has identified for more student housing and learning space, no site-development plan has been submitted to the city.

VCU Real Estate Foundation could not be reached for comment Friday afternoon.

General contractor is needed

Ives said they’re searching for a general contractor, which will need two to four months to complete its work. People can move in after that. The property most recently was home to retailer Master Bedrooms & More, which had been in business since 2011.

Annie O’Connor, a broker with Cushman & Wakefield | Thalhimer, represented Jamaica House during the transaction. Lory Markham and Ann Schweitzer Riley of One South Commercial represented the sellers.

Ives said she’s still creating a budget to renovate the 2,100 square feet of ground-floor commercial space in her new building, which also includes two apartments on the second level. Village Bank is providing the financing.

Jamaica House serves up Jamaican staples such as curry goat, oxtails, jerk chicken and cowfoot. Its sister restaurant – Carena’s Jamaican Grille – has been serving up similar fare in the Spring Rock Green shopping center in Chesterfield County for about 12 years.

Jamaica 1

Jamaica House is moving to 416 W. Broad St. in the Arts District.

The new downtown restaurant will seat 40 people, Ives said.

Leaving Jamaica House’s current location has been bittersweet for Ives, a Brooklyn native.
Having watched her restaurant grow at the location, she’s seen VCU students come and go, with some returning with their own families after graduation.

“It’s my baby, and I’m certainly going to miss being there,” Ives said. “There’s some high tension, high anxiety about this next phase, but we’re not going anywhere. We plan on being a part of the Richmond story.”

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

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, Restaurants

Editor's Picks

Subscribe
Notify of
guest

5 Comments
oldest
newest most voted
Inline Feedbacks
View all comments
Deon Hamner
Deon Hamner
5 years ago

Love this restaurant. It’s a shame VCU just kicking them out of that location that they have been there for almost 25 years. Glad they will still be on Broad Street.

Matt Faris
Matt Faris
5 years ago
Reply to  Deon Hamner

I suspect that Ives knew this day would come, since she’s the one who sold it to VCU years ago. I wouldn’t exactly call that “kicking them out” after leasing them the space for 18 years after the sale.

Deon Hamner
Deon Hamner
5 years ago
Reply to  Matt Faris

Very good point…

Dominic Decoco
Dominic Decoco
5 years ago

Great! Welcome to Jackson Ward! We are happy to have you in our wonderful and growing community!

Paul Walker
Paul Walker
5 years ago

Been a regular since it opened. Best Jerk Chicken I ever had. The only loser in this move are the VCU folks who could walk there. The parking is crazy on Broad now. They should now be able to seat more than 20 guests and hopefully won’t be a line out the door. AC will help too.
Hopefully it will have an atmosphere similar to Carena’s, which is crowded every night…including tonight. Yum yum.