Former Maaco shop in Scott’s Addition getting new look as office for insurance giant

spy rock maaco scaled

Once eyed for a restaurant conversion, the former Maaco on Broad Street is now set to become an office. (BizSense file)

With some major bodywork underway, the former Maaco shop in Scott’s Addition will soon reopen as office space.

Charlotte-based specialty insurance company Amwins is trading its current Richmond-area location in the West End for the former auto paint shop at 3318 W. Broad St. 

Greg Watson, a senior vice president at Amwins, said the company focuses on specialty property and casualty insurance, which leads the Amwins to deal with everything from hurricane- and wildfire-exposed properties to putting together insurance programs for Fortune 500 firms. 

The company has over 150 offices worldwide and entered the Richmond market via acquisition in 2021 when it bought Worldwide Facilities, another wholesale insurance brokerage. That brokerage also arrived in Richmond by acquisition when it bought local firm Royal Oak Underwriters in 2020. 

Amwins’ local office has been at 8417 Patterson Ave. in the Tuckahoe area, but Watson said the company wanted more space to build out its local presence, which will serve more than just Central Virginia. 

greg watson amwins

Greg Watson

“We’re planting a stake in Richmond. Our office is quite far out currently and we’re planning to build our mid-Atlantic operation to be quite large,” Watson said. 

He added that Amwins’ local headcount is 16 but that the new office will have room for around 40 people.

Amwins is leasing the former Maaco building from local development firm Spy Rock Real Estate Group, which bought the property in 2019 for $1.6 million. Spy Rock had once looked to convert the garage into a restaurant space but ultimately inked this office deal. 

Watson said Amwins operates on a hybrid work schedule, with most employees working from home on Mondays and Fridays. He said that the company is never going to “drop an iron fist” on work-from-home practices, but that he hopes the new Scott’s Addition office is exciting enough to help attract new talent. 

“What we want to do is provide the best office possible for our employees to thrive. So in building this out, we expect it to be a huge recruiting tool for us,” Watson said. “We’re planning ahead.”

He said Amwins is aiming to be moved in sometime in the first quarter of 2024 and expects to shutter the Patterson Avenue office. 

Other companies to recently plant their office in Scott’s Addition include engineering firm Jacobs, architecture firm Hickok Cole and staffing agency Magnify. A chunk of office space in the neighborhood recently opened up when ad agency Yebo closed in June, freeing up its space on Roseneath Road. 

spy rock maaco scaled

Once eyed for a restaurant conversion, the former Maaco on Broad Street is now set to become an office. (BizSense file)

With some major bodywork underway, the former Maaco shop in Scott’s Addition will soon reopen as office space.

Charlotte-based specialty insurance company Amwins is trading its current Richmond-area location in the West End for the former auto paint shop at 3318 W. Broad St. 

Greg Watson, a senior vice president at Amwins, said the company focuses on specialty property and casualty insurance, which leads the Amwins to deal with everything from hurricane- and wildfire-exposed properties to putting together insurance programs for Fortune 500 firms. 

The company has over 150 offices worldwide and entered the Richmond market via acquisition in 2021 when it bought Worldwide Facilities, another wholesale insurance brokerage. That brokerage also arrived in Richmond by acquisition when it bought local firm Royal Oak Underwriters in 2020. 

Amwins’ local office has been at 8417 Patterson Ave. in the Tuckahoe area, but Watson said the company wanted more space to build out its local presence, which will serve more than just Central Virginia. 

greg watson amwins

Greg Watson

“We’re planting a stake in Richmond. Our office is quite far out currently and we’re planning to build our mid-Atlantic operation to be quite large,” Watson said. 

He added that Amwins’ local headcount is 16 but that the new office will have room for around 40 people.

Amwins is leasing the former Maaco building from local development firm Spy Rock Real Estate Group, which bought the property in 2019 for $1.6 million. Spy Rock had once looked to convert the garage into a restaurant space but ultimately inked this office deal. 

Watson said Amwins operates on a hybrid work schedule, with most employees working from home on Mondays and Fridays. He said that the company is never going to “drop an iron fist” on work-from-home practices, but that he hopes the new Scott’s Addition office is exciting enough to help attract new talent. 

“What we want to do is provide the best office possible for our employees to thrive. So in building this out, we expect it to be a huge recruiting tool for us,” Watson said. “We’re planning ahead.”

He said Amwins is aiming to be moved in sometime in the first quarter of 2024 and expects to shutter the Patterson Avenue office. 

Other companies to recently plant their office in Scott’s Addition include engineering firm Jacobs, architecture firm Hickok Cole and staffing agency Magnify. A chunk of office space in the neighborhood recently opened up when ad agency Yebo closed in June, freeing up its space on Roseneath Road. 

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Commercial Real Estate

Editor's Picks

Subscribe
Notify of
guest

2 Comments
oldest
newest most voted
Inline Feedbacks
View all comments
David Humphrey
David Humphrey
9 months ago

I wonder how hard it would be to put a tire shop or auto mechanic or even just an oil change place in the bottom of a parking garage. There used to be a good number of auto businesses in Scott’s Addition but many have been forced to move because of property values becoming unaffordable for such uses. People still need to get their cars serviced.

Michael Morgan-Dodson
Michael Morgan-Dodson
9 months ago
Reply to  David Humphrey

Midas (with it very local and active owner), Turners, and AAA (well just over on Myers) all have large service centers on Arthur Ashe. Ironwood is just over on Hamilton St and go down to Cary between Meadow and Authur Ashe you will still find a few. And I think Carroll’s is still open too. They are still plenty around.