With the Diamond District redevelopment project continuing to move forward, a piece of prime real estate a few blocks south along Arthur Ashe Boulevard may be turning over.
The Hardee’s at 921 Myers St. closed this week, according to notes on the building’s doors. The fast-food restaurant had operated at the site near the intersection of West Broad Street for more than 40 years.
The property is owned by an entity tied to Brian Fin of Billerica, Massachusetts, who, per city records, paid $1 million for it in 2012. The 1.3-acre parcel was most recently assessed by the city at $4.2 million, of which $3.7 million is for the land. Fin couldn’t be reached.
A spokesman for Boddie-Noell Enterprises, the North Carolina-based franchisee that operated the Hardees’ as well as the chain’s 14 other Richmond-area outposts, said the company decided it was time to look for a new location in the Richmond market and that it hopes to find that new spot soon.
Located about a half-mile south of the planned Diamond District redevelopment, Myers Street and the parts of Arthur Ashe Boulevard that abut it have been targeted by developers in recent years.
Among the projects in the works for the corridor are a six-story cohousing building from Outlier Realty Capital and an $80 million, 305-unit mixed-use project from a pair of D.C. developers near the intersections of West Leigh, Arthur Ashe Boulevard and Myers Street. They’ll be part of the southern bookend of the Diamond District, a pending massive project to be led by a group that includes Thalhimer Realty Partners. TRP also bought two acres along Myers Street last year, though its plans for that land remain unclear.
At least three other Hardee’s in the region have closed in recent years and been snapped up. In 2020, the Hardee’s at 5000 W. Broad St. near Willow Lawn closed and the land was sold for $2 million to a Florida-based development firm that has yet to move on any plans for the site.
The other two locations in Chester and along Brook Road in Northside have been leased by Chicken Fiesta to become the local Tex-Mex chain’s sixth and seventh locations.