Bakery chain Nothing Bundt Cakes is planning to open a shop at Carytown Exchange (Photo courtesy of Nothing Bundt Cakes)
Carytown Exchange is getting some extra sweetener, as a cake shop is among the latest new tenants to sign on to the now-completed retail center.
Nothing Bundt Cakes, a Texas-based chain of bakeries, is planning to open in June in a roughly 2,000-square-foot space on the West Cary Street side of the development.
Franchisee group Daniel Delgado, Gina and Doug Brown, and Lisa and Leo LaPointe are behind the new Carytown store, according to a company spokeswoman.
It’s the same team that opened the region’s first Nothing Bundt Cakes at 11845 W. Broad St. in the Corner at Short Pump shopping center. They also run outposts of the brand in Alexandria and Fredericksburg.
The bakery chain had about 500 franchised and corporate locations in more than 40 states and Canada as of February.
Nothing Bundt Cakes follows another new-to-Richmond sweets shop in the shopping center. Jeni’s Splendid Ice Creams opened at Carytown Exchange in February in a 1,300-square-foot storefront at the corner of South Nansemond and West Cary streets.
The Ohio-based ice cream seller has nearly 80 corporately owned stores, and the Carytown outpost is its first in the Richmond region.
In addition to Nothing Bundt Cakes, Thalhimer announced last week that North Carolina-based Midtown Yoga and women’s clothing store Monkee’s have signed on at the center.
Midtown Yoga’s upcoming Carytown Exchange spot would appear to be its first in Richmond, and the company just has two locations in North Carolina, according to its website.
Monkee’s is a franchise chain of retail stores based in North Carolina with about 50 locations listed on its website. The Carytown Exchange location would be its only one in the Richmond area.
Also along the Cary Street-side of the center is the recently opened Torchy’s Tacos. Work is also underway on the space where Burtons Grill & Bar plans to open next door. Schwarzschild Jewelers, plans to relocate to that side of the center from down the street at Cary Court.
Carytown Exchange is a 120,000-square-foot shopping center anchored by Publix. (Jack Jacobs photo)
These latest tenant arrivals coincide with the end of the majority of construction on the 120,000-square-foot, Publix-anchored shopping center that was first announced in 2018. The grocery store anchor is nearly 50,000 square feet, and the rest of the retail space is 71,000 square feet.
Most of Carytown Exchange is owned by a joint venture formed by the Goodwyn family, which has owned the land since 1919, and Florida-based project developer Regency Centers. Publix owns its store at the center.
The center was built on the site of the former Richmond Shopping Center. The CVS that was part of that previous development remains open at Carytown Exchange.
The majority of the center’s construction finished late last year, Regency Centers Investments Senior Manager Paul Muñana said.
Muñana declined to share the final cost of the construction on the center. When Regency announced the project in 2018, the company estimated the center would cost between $40 million and $45 million to build.
“We are confident that our investment, which was substantial, will prove to be rewarding,” Muñana said in an email.
Newport News-based Clancy & Theys Construction Co. was the general contractor on the project. Freeman Morgan Architects designed the center. Bowman handled engineering.
With construction complete, four storefronts totaling 7,000 square feet remain available for lease, according Thalhimer’s Jim Ashby, who handles leasing at the center with colleague David Crawford.
Crawford said that while the pandemic created a slowdown on leasing, interest in Carytown Exchange has been steady.
“Demand has been great. COVID definitely put a pause on it for a number of tenants, but overall I think the merchandising mix we have is really good,” Crawford said.
The center’s ABC store opened earlier this year after the store relocated from 10 N. Thompson St.
Starbucks is planning to open a cafe in the space between the center’s Sleep Number store and Chase Bank. Optometry practice chain MyEyeDr. also has a lease at Carytown Exchange but hasn’t opened yet.
Rowing gym CityRow and SugarCoat Nail Lounge occupy the Ellwood Avenue-side retail strip at the center. Other tenants planning to open in that section are UrgentVet and juice bar Pure Green.
Bakery chain Nothing Bundt Cakes is planning to open a shop at Carytown Exchange (Photo courtesy of Nothing Bundt Cakes)
Carytown Exchange is getting some extra sweetener, as a cake shop is among the latest new tenants to sign on to the now-completed retail center.
Nothing Bundt Cakes, a Texas-based chain of bakeries, is planning to open in June in a roughly 2,000-square-foot space on the West Cary Street side of the development.
Franchisee group Daniel Delgado, Gina and Doug Brown, and Lisa and Leo LaPointe are behind the new Carytown store, according to a company spokeswoman.
It’s the same team that opened the region’s first Nothing Bundt Cakes at 11845 W. Broad St. in the Corner at Short Pump shopping center. They also run outposts of the brand in Alexandria and Fredericksburg.
The bakery chain had about 500 franchised and corporate locations in more than 40 states and Canada as of February.
Nothing Bundt Cakes follows another new-to-Richmond sweets shop in the shopping center. Jeni’s Splendid Ice Creams opened at Carytown Exchange in February in a 1,300-square-foot storefront at the corner of South Nansemond and West Cary streets.
The Ohio-based ice cream seller has nearly 80 corporately owned stores, and the Carytown outpost is its first in the Richmond region.
In addition to Nothing Bundt Cakes, Thalhimer announced last week that North Carolina-based Midtown Yoga and women’s clothing store Monkee’s have signed on at the center.
Midtown Yoga’s upcoming Carytown Exchange spot would appear to be its first in Richmond, and the company just has two locations in North Carolina, according to its website.
Monkee’s is a franchise chain of retail stores based in North Carolina with about 50 locations listed on its website. The Carytown Exchange location would be its only one in the Richmond area.
Also along the Cary Street-side of the center is the recently opened Torchy’s Tacos. Work is also underway on the space where Burtons Grill & Bar plans to open next door. Schwarzschild Jewelers, plans to relocate to that side of the center from down the street at Cary Court.
Carytown Exchange is a 120,000-square-foot shopping center anchored by Publix. (Jack Jacobs photo)
These latest tenant arrivals coincide with the end of the majority of construction on the 120,000-square-foot, Publix-anchored shopping center that was first announced in 2018. The grocery store anchor is nearly 50,000 square feet, and the rest of the retail space is 71,000 square feet.
Most of Carytown Exchange is owned by a joint venture formed by the Goodwyn family, which has owned the land since 1919, and Florida-based project developer Regency Centers. Publix owns its store at the center.
The center was built on the site of the former Richmond Shopping Center. The CVS that was part of that previous development remains open at Carytown Exchange.
The majority of the center’s construction finished late last year, Regency Centers Investments Senior Manager Paul Muñana said.
Muñana declined to share the final cost of the construction on the center. When Regency announced the project in 2018, the company estimated the center would cost between $40 million and $45 million to build.
“We are confident that our investment, which was substantial, will prove to be rewarding,” Muñana said in an email.
Newport News-based Clancy & Theys Construction Co. was the general contractor on the project. Freeman Morgan Architects designed the center. Bowman handled engineering.
With construction complete, four storefronts totaling 7,000 square feet remain available for lease, according Thalhimer’s Jim Ashby, who handles leasing at the center with colleague David Crawford.
Crawford said that while the pandemic created a slowdown on leasing, interest in Carytown Exchange has been steady.
“Demand has been great. COVID definitely put a pause on it for a number of tenants, but overall I think the merchandising mix we have is really good,” Crawford said.
The center’s ABC store opened earlier this year after the store relocated from 10 N. Thompson St.
Starbucks is planning to open a cafe in the space between the center’s Sleep Number store and Chase Bank. Optometry practice chain MyEyeDr. also has a lease at Carytown Exchange but hasn’t opened yet.
Rowing gym CityRow and SugarCoat Nail Lounge occupy the Ellwood Avenue-side retail strip at the center. Other tenants planning to open in that section are UrgentVet and juice bar Pure Green.