A local law firm is leaving the West End for the edge of Scott’s Addition.
Phelan Petty, a 9-year-old firm that handles personal injury, medical malpractice and product liability cases, is planning a move into 3315 W. Broad St.
It is taking over the building from competitor Geoff McDonald & Associates, from which Phelan Petty purchased the building in April for $975,000.
Founding partner Michael Phelan said Geoff McDonald had continued to lease the building until moving out in October, allowing Phelan Petty to begin heavy interior renovations.
“It’s really interesting inside,” he said. “It had the old drop leaf ceilings that probably came down to about 12 feet, and we found it has exposed wood beams and steel girders, and it’s in pristine condition.
Phelan Petty will have 6,000 square feet in its new home, up from around 4,000 in its current office at 6641 W. Broad St. in Reynolds Crossing.
After years of leasing, he said they were ready to own and enlisted Thalhimer to help it in its search.
“The motivating factor was owning something,” Phelan said. “We really think that area is exploding, so it can’t be a bad investment.”
Phelan started the firm on his own in 2010, doing mainly product liability work, after working for the firm that is now Breit Cantor.
Jonathan Petty joined as partner in 2013, bringing his book of medical malpractice work from LeClairRyan.
The firm now has four attorneys and support staff, and Phelan said they’re looking to add to that headcount now that they will have more space.
The firm hopes to be in as early as February, but March or April is more likely.
Emerald Construction is the general contractor. Fultz & Singh Architects is handling the design. It’s financing the project through South State Bank.
He said the firm is researching whether the project is eligible for historic tax credits, as the building dates back to the 1940s.
He said the renovations will include minimal exterior work, mostly sprucing it up and adding signage.
“We are not high-volume, so we’re not going to have one of these blinking signs or anything like that,” Phelan said with a laugh.
Phelan Petty will be neighbors of Commonwealth Law Group, which moved into 3311 W. Broad St. last year.
Geoff McDonald & Associates, which now has nine attorneys, keeps its sole office at 8720 Stony Point Parkway.