Carytown Exchange targets spring completion as another tenant signs

Carytown Exchange shopping center signs another tenant

Carytown Exchange is expected to finish construction next spring. (Jack Jacobs photo)

With a finish line in sight for construction at Carytown Exchange, another national retailer has signed on at the new Publix-anchored retail development.

Jeni’s Splendid Ice Creams, an Ohio-based ice cream company, signed a lease earlier this month on a roughly 1,300-square-foot space within the upcoming building at the corner of South Nansemond and West Cary streets.

That building, along with another rising between Cary Street and the center’s parking deck, are all that’s left to be built at the 120,000-square-foot project at Carytown’s western edge.

Jim Ashby, a Thalhimer broker who handles leasing at the center alongside colleague David Crawford, said construction is expected to be completed by May or June of next year.

Ashby said tenants in those buildings will be able to open for business several months after those buildings are completed.

Jeni’s Splendid Ice Creams signed a lease earlier this month on a roughly 1,300-square-foot space within the upcoming Carytown Exchange building at the corner of South Nansemond and West Cary streets. (Courtesy of Jeni’s Splendid Ice Creams)

Jeni’s is the seventh publicly announced tenant to sign a lease in Carytown Exchange. Ashby said several more deals are in the works but didn’t offer further comment on those tenants.

Developed by Florida-based Regency Centers, Carytown Exchange has signed tenants for about 79,000 square feet so far, including the grocery anchor, which was the first store to open.

It’s unclear when the Jeni’s store is expected to open. A company spokeswoman said that information about the store’s opening would be announced early next year.

In addition to in-store ice cream sales, Jeni’s also offers local delivery service within 5 miles of its stores.

The company wholesales its ice cream to grocery stores and ships ice cream nationwide. Some Richmond-area grocery stores are listed as carrying the company’s products on its website.

The upcoming store would appear to be Jeni’s first in the Richmond region. The company has a presence in Northern Virginia, per its website.

Jeni’s also has stores in Georgia, Texas, Alabama, North Carolina, South Carolina, Illinois, Ohio, California, Tennessee and Pennsylvania. Jeni’s more than 50 stores are corporately owned.

CityRow recently opened in an Ellwood Avenue-facing space at the Carytown Exchange shopping center. (Jack Jacobs photo)

Mattress retailer Sleep Number has opened its store within Carytown Exchange in a space that fronts Cary Street. Fitness studio CityRow has opened in a space that fronts Ellwood Avenue.

Torchy’s Tacos recently signed a lease at the shopping center and plans to open next year. The Carytown ABC store, which is currently at 10 N. Thompson St., plans to move into the shopping center as well. Sugar Coat Nail Lounge has a lease on a space that fronts Ellwood Avenue.

Chase Bank plans to open a branch in the center. CVS continues to operate the location it had prior to the beginning of construction of Carytown Exchange, which is being built on the site of the former Richmond Shopping Center.

Regency Centers first announced plans for Carytown Exchange in 2018. The company’s local holdings are rounded out by the Village Shopping Center and Hanover Village. It sold off Gayton Crossing in 2019.

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Michael Dodson
Michael Dodson
7 days ago

Obviously they do not know the history of non-local ice cream chains and Carytown curse.

Mark Slater
Mark Slater
1 day ago
Reply to  Michael Dodson

It’s not a curse. It’s simple stupidity. I am a longtime resident of Carytown. There are always new burger joints and ice cream/yogurt parlors opening and failing. If anyone would ever open a good place to get breakfast here, for instance, something like Aunt Sarah’s was, they would rake in the profits. These entrepreneurs need to do some basic marketing research and get to know the neighborhood if they want to succeed.

Justin Reynolds
Justin Reynolds
6 days ago

While Jenni’s ice cream is good I imagine this location will prove challenging, aside from the ice cream curse. This part of carytown is away from the majority of the foot traffic and we already have so many quality local ice cream shops.