Thalhimer adds to holdings along Arthur Ashe Blvd., lines up big-name tenants

Thalhimer buys more land on Arthur Ashe Boulevard in Richmond

Located between Wawa and The Diamond, the 1.2-acre parcel at 1711-1801 Ellen Road recently sold for $2 million. (Mike Platania photo)

While it keeps an eye on the Diamond District, a local development firm has strengthened its position around Arthur Ashe Boulevard and secured some big-name tenants for a neighboring retail and restaurant project.

Thalhimer Realty Partners purchased 1711-1801 Ellen Road for $2 million in a deal that closed last month, city records show. The property consists of a pair of two-story warehouses totaling about 18,000 square feet on a 1.23-acre parcel.

The deal gives TRP control of nearly four acres at the corner of Ellen Road and North Arthur Ashe Boulevard just northwest of The Diamond, which is in line to be part of a massive redevelopment of the surrounding city-owned acreage.

TRP principal Jason Guillot said the firm’s exact plans for the Ellen Road land haven’t been finalized but that it’ll likely be part of Scott’s Walk, a retail and restaurant project at 3002 and 3064 N. Arthur Ashe Blvd. Once an Idealease truck rental complex, TRP bought that 2.6-acre parcel for $4 million in 2020.

“We’ll try to integrate (the Ellen Road land) somehow. We do want it functioning as one mixed-use project,” Guillot said.

Slated initially to be a single two-story, 20,000-square-foot building, the specs on Scott’s Walk have since changed. Plans recently approved by the city show the project will span five buildings totaling 16,000 square feet and that several are already spoken for.

Planning documents show that Raising Cane’s, Starbucks and Chipotle are part of the Scott’s Walk development. (Images courtesy of city of Richmond)

Raising Cane’s, Chipotle and Starbucks are listed as tenants in three buildings in the Scott’s Walk plan of development. Each of their buildings is outfitted with a drive-thru, plans show.

Thalhimer’s Annie O’Connor and Connie Jordan Nielsen are handling leasing for the project. 510 Architects is designing it.

Despite having drive-thrus on some of the buildings, Guillot said they’ve tried to design Scott’s Walk to be pedestrian-friendly with sidewalks connecting each building, and possibly more.

“Something substantial should be happening across the street, we want our project walkable from that,” Guillot said, referencing the roughly 60-acre Diamond District redevelopment project just to the east. “We’re trying to design (Scott’s Walk) with an urban frame of mind.”

To the south, TRP is also working with Charlotte’s Crescent Communities on “Novel Scott’s Addition” a seven-story, 272-unit apartment building at 2902 N. Arthur Ashe Blvd. Matt Raggi, another principal at TRP, said they’re awaiting final approvals from the city for that project.

Beyond Novel Scott’s Addition and Scott’s Walk, TRP’s been one of the more active developers in the Diamond area.

A rendering shows a Starbucks with outdoor seating fronting Arthur Ashe Boulevard.

Last summer it bought a warehouse at 1717 Rhoadmiller St. for $2 million and in 2018 it spent $5.5 million on the former PET Dairy facility at 1505 Robin Hood Road.

With the deadline for submissions to the Diamond District RFI approaching on Feb. 15, TRP is among a long list of developers, both local and non-local, that have shown an interest in the project that’ll see The Diamond and its surrounding acreage redeveloped.

The warehouses TRP just bought on Ellen Road are currently occupied by logistics firm Accurate Courier Express at 1711 Ellen Road, and Neo-Classic Cars, a classic Land Rover car importer, at 1801 Ellen Road.

Accurate Courier Express CEO Dwight Hicks was the seller in the deal and had owned the land since 2003, when he bought it for $350,000. The parcel was assessed by the city this year at $1.8 million.

Guillot added that Accurate Courier Express has leased back its space for a short period. Neo-Classics is preparing to exit its space next door for a new spot in Scott’s Addition at 1004 N. Sheppard St.

The Scott’s Walk Chipotle is the second recent deal between TRP and the burrito chain. Chipotle has signed on to open in TRP’s City View Marketplace on Hull Street in Manchester.

Raising Cane’s, meanwhile, is amid a Richmond-area expansion, with another new location in Chesterfield recently confirmed to be in the works.

Thalhimer buys more land on Arthur Ashe Boulevard in Richmond

Located between Wawa and The Diamond, the 1.2-acre parcel at 1711-1801 Ellen Road recently sold for $2 million. (Mike Platania photo)

While it keeps an eye on the Diamond District, a local development firm has strengthened its position around Arthur Ashe Boulevard and secured some big-name tenants for a neighboring retail and restaurant project.

Thalhimer Realty Partners purchased 1711-1801 Ellen Road for $2 million in a deal that closed last month, city records show. The property consists of a pair of two-story warehouses totaling about 18,000 square feet on a 1.23-acre parcel.

The deal gives TRP control of nearly four acres at the corner of Ellen Road and North Arthur Ashe Boulevard just northwest of The Diamond, which is in line to be part of a massive redevelopment of the surrounding city-owned acreage.

TRP principal Jason Guillot said the firm’s exact plans for the Ellen Road land haven’t been finalized but that it’ll likely be part of Scott’s Walk, a retail and restaurant project at 3002 and 3064 N. Arthur Ashe Blvd. Once an Idealease truck rental complex, TRP bought that 2.6-acre parcel for $4 million in 2020.

“We’ll try to integrate (the Ellen Road land) somehow. We do want it functioning as one mixed-use project,” Guillot said.

Slated initially to be a single two-story, 20,000-square-foot building, the specs on Scott’s Walk have since changed. Plans recently approved by the city show the project will span five buildings totaling 16,000 square feet and that several are already spoken for.

Planning documents show that Raising Cane’s, Starbucks and Chipotle are part of the Scott’s Walk development. (Images courtesy of city of Richmond)

Raising Cane’s, Chipotle and Starbucks are listed as tenants in three buildings in the Scott’s Walk plan of development. Each of their buildings is outfitted with a drive-thru, plans show.

Thalhimer’s Annie O’Connor and Connie Jordan Nielsen are handling leasing for the project. 510 Architects is designing it.

Despite having drive-thrus on some of the buildings, Guillot said they’ve tried to design Scott’s Walk to be pedestrian-friendly with sidewalks connecting each building, and possibly more.

“Something substantial should be happening across the street, we want our project walkable from that,” Guillot said, referencing the roughly 60-acre Diamond District redevelopment project just to the east. “We’re trying to design (Scott’s Walk) with an urban frame of mind.”

To the south, TRP is also working with Charlotte’s Crescent Communities on “Novel Scott’s Addition” a seven-story, 272-unit apartment building at 2902 N. Arthur Ashe Blvd. Matt Raggi, another principal at TRP, said they’re awaiting final approvals from the city for that project.

Beyond Novel Scott’s Addition and Scott’s Walk, TRP’s been one of the more active developers in the Diamond area.

A rendering shows a Starbucks with outdoor seating fronting Arthur Ashe Boulevard.

Last summer it bought a warehouse at 1717 Rhoadmiller St. for $2 million and in 2018 it spent $5.5 million on the former PET Dairy facility at 1505 Robin Hood Road.

With the deadline for submissions to the Diamond District RFI approaching on Feb. 15, TRP is among a long list of developers, both local and non-local, that have shown an interest in the project that’ll see The Diamond and its surrounding acreage redeveloped.

The warehouses TRP just bought on Ellen Road are currently occupied by logistics firm Accurate Courier Express at 1711 Ellen Road, and Neo-Classic Cars, a classic Land Rover car importer, at 1801 Ellen Road.

Accurate Courier Express CEO Dwight Hicks was the seller in the deal and had owned the land since 2003, when he bought it for $350,000. The parcel was assessed by the city this year at $1.8 million.

Guillot added that Accurate Courier Express has leased back its space for a short period. Neo-Classics is preparing to exit its space next door for a new spot in Scott’s Addition at 1004 N. Sheppard St.

The Scott’s Walk Chipotle is the second recent deal between TRP and the burrito chain. Chipotle has signed on to open in TRP’s City View Marketplace on Hull Street in Manchester.

Raising Cane’s, meanwhile, is amid a Richmond-area expansion, with another new location in Chesterfield recently confirmed to be in the works.

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Jason James
Jason James
4 months ago

This makes me sad. This area can and should be truly urban, but these developers offer us more parking lots and drive thru’s that they will “try” to make pedestrian friendly???

David Humphrey
David Humphrey
4 months ago
Reply to  Jason James

I may be going against the grain here, but I am not as worried about the area between the railroad track and 95 being quite as urban as the area south of the tracks closer to Broad Street. My guess is there is going to be a big box component to the development that replaces the Diamond and this will compliment that. Plus if we start shoving a bunch of apartments in this area too then it will be much harder for the surrounding businesses like Sewards and the others to remain. We need a place for those businesses too.

Bruce Milam
Bruce Milam
4 months ago

The developers that turned Manchester with its renovation of the Reynolds plant recognizes the value of land on the outskirts of Scotts Addition. The transformation of the “Diamond District” will be phenomenal.

Eric Clark
Eric Clark
4 months ago
Reply to  Bruce Milam

It will definitely put Richmond on the map.

Michael Morgan-Dodson
Michael Morgan-Dodson
4 months ago
Reply to  Bruce Milam

Phenomenal?? As one comes down from the I-95 gateway in the city, on the right, you’ll see such amazing places such as an Exxon, a Tommy’s Car Wash, a Wawa and soon a Raising Canes, Chipotle, and Starbucks and ending with a Greyhound bus terminal before going over the tracks. Maybe when they tear down the Diamond will get a Marshals and HomeGoods on that side of the street! My fear is that what we are seeing will replicate itself along the other side of Arthur Ashe. The plan is about as amazing and inspiring as Midlothian Turnpike.

Eric Clark
Eric Clark
4 months ago

Why will there be another Starbucks when there is one further south? Also, why another chain (chapotle) which is a very tired restaurant and seems to be struggling nationwide. I agree Jason. Developers should
focus on urbanity at all costs.

Matt Faris
Matt Faris
4 months ago
Reply to  Eric Clark

Most developers do so to make money. “At all costs” seems like a bit of a reach. It’s always easy to spend someone else’s money, isn’t it?

Michael Saunders
Michael Saunders
4 months ago

Would love to see local or at least regional businesses get these opportunities. A spot with a Raising Cane’s, Chipotle and Starbucks sounds really generic.

charles Frankenhoff
charles Frankenhoff
4 months ago

Its a shame how suburban that setup is. And I think a bad business decision.

Gregg Johnson
Gregg Johnson
4 months ago

I recently drove through an intersection with a run down convenience store, a vape store, a Chinese takeout place and a boarded up building. By the architecture I could tell that they had originally been a McDonald’s, a Burger King, a Taco Bell and a Long John Silver’s. This plan will be the same in 20 years if not sooner.