With its residential units already well underway, the commercial portion of a new mixed-use development on the Henrico-Goochland line is coming into view.
Several commercial users are locked in for Gateway Square, a project from local firm Markel | Eagle that’s rising across from the Aldi-anchored Broad Hill Centre on the western edge of Henrico.
Along the development’s Broad Street frontage will be an HCA medical office and imaging center as well as a Henrico Federal Credit Union branch and a Virginia Veterinary Centers location, which fills out the development’s commercial area.
The HCA facility slated for 4200 Greybull Drive (also listed in county records as 12401 W. Broad St.) is planned to be a 20,000-square-foot medical office building, including a 9,000-square-foot imaging center, according to permits filed with Henrico. It will be situated across the street from Bon Secours Short Pump Emergency Center.
HCA received the necessary state approval for the imaging center earlier this year. The imaging center alone is estimated to cost $16.9 million to establish, according to state documents approving the project.
The land that will house the HCA building is currently owned by an entity tied to Markel | Eagle. It’s unclear whether HCA will purchase the site from Markel | Eagle. Neither HCA nor the developer would comment about the project.
Henrico FCU’s new branch at Gateway Square will be placed at 4419 Greybull Drive, according to Jason Ritter, a senior vice president at the credit union. The branch is planned to be 2,400 square feet and will feature a drive-thru.
Last month the credit union bought the roughly 1-acre site from Markel | Eagle for $1.4 million, county land records show. That parcel was most recently valued by Henrico at $142,100.
Henrico FCU has an existing, nearby outpost at 4690 Pouncey Tract Road, which is next to a Fas Mart convenience store. That location opened in 2017, and Ritter said the credit union hasn’t decided yet whether it will close that branch once the new one is operational.
Between the credit union branch and the HCA building is a planned 31,000-square-foot clinic for National Veterinary Associates, according to a permit filed with the county. The facility at 4300 Greybull Drive is expected to include emergency service, surgery and operating rooms, an MRI room and other facilities.
The facility would appear to be a new outpost of Virginia Veterinary Centers, which is part of Ethos Veterinary Health brand owned by National Veterinary Associates. The Virginia Veterinary Centers website describes plans for a new location at Gateway Square.
That 2.5-acre site was sold in late July for $7.8 million by Markel | Eagle to NNN REIT, a Florida-based real estate investment firm. The land had been most recently assessed at a total of $641,200, per online land records.
Virginia Veterinary Centers also operates locations at 3312 W. Cary St. in Richmond and 2460 Colony Crossing Place in Chesterfield as well as a facility in Fredericksburg.
Meanwhile, Stanley Martin Homes is well underway on construction of Gateway Square’s 194-unit residential piece. The total is split between 164 condominiums and 30 townhomes.
The residential section was about halfway to completion in late August and at that time 75 condos and 18 townhomes had been sold, according to Stanley Martin Vice President of Sales Katie Willis.
Construction on the homes started in February 2022. People started to move into the development a year ago.
The residential portion of the project is estimated to cost $64 million, Willis said. That number doesn’t include the commercial development.
The overall 23-acre Gateway Square project site was once eyed for development by Atlanta-based firm Core Property Capital, which bailed on the idea in 2018. Stanley Martin scooped up the property for $10 million in 2020, and then sold most of the Broad Street frontage to Markel |Eagle. The development was formerly called Westgate but has since been rebranded.
With its residential units already well underway, the commercial portion of a new mixed-use development on the Henrico-Goochland line is coming into view.
Several commercial users are locked in for Gateway Square, a project from local firm Markel | Eagle that’s rising across from the Aldi-anchored Broad Hill Centre on the western edge of Henrico.
Along the development’s Broad Street frontage will be an HCA medical office and imaging center as well as a Henrico Federal Credit Union branch and a Virginia Veterinary Centers location, which fills out the development’s commercial area.
The HCA facility slated for 4200 Greybull Drive (also listed in county records as 12401 W. Broad St.) is planned to be a 20,000-square-foot medical office building, including a 9,000-square-foot imaging center, according to permits filed with Henrico. It will be situated across the street from Bon Secours Short Pump Emergency Center.
HCA received the necessary state approval for the imaging center earlier this year. The imaging center alone is estimated to cost $16.9 million to establish, according to state documents approving the project.
The land that will house the HCA building is currently owned by an entity tied to Markel | Eagle. It’s unclear whether HCA will purchase the site from Markel | Eagle. Neither HCA nor the developer would comment about the project.
Henrico FCU’s new branch at Gateway Square will be placed at 4419 Greybull Drive, according to Jason Ritter, a senior vice president at the credit union. The branch is planned to be 2,400 square feet and will feature a drive-thru.
Last month the credit union bought the roughly 1-acre site from Markel | Eagle for $1.4 million, county land records show. That parcel was most recently valued by Henrico at $142,100.
Henrico FCU has an existing, nearby outpost at 4690 Pouncey Tract Road, which is next to a Fas Mart convenience store. That location opened in 2017, and Ritter said the credit union hasn’t decided yet whether it will close that branch once the new one is operational.
Between the credit union branch and the HCA building is a planned 31,000-square-foot clinic for National Veterinary Associates, according to a permit filed with the county. The facility at 4300 Greybull Drive is expected to include emergency service, surgery and operating rooms, an MRI room and other facilities.
The facility would appear to be a new outpost of Virginia Veterinary Centers, which is part of Ethos Veterinary Health brand owned by National Veterinary Associates. The Virginia Veterinary Centers website describes plans for a new location at Gateway Square.
That 2.5-acre site was sold in late July for $7.8 million by Markel | Eagle to NNN REIT, a Florida-based real estate investment firm. The land had been most recently assessed at a total of $641,200, per online land records.
Virginia Veterinary Centers also operates locations at 3312 W. Cary St. in Richmond and 2460 Colony Crossing Place in Chesterfield as well as a facility in Fredericksburg.
Meanwhile, Stanley Martin Homes is well underway on construction of Gateway Square’s 194-unit residential piece. The total is split between 164 condominiums and 30 townhomes.
The residential section was about halfway to completion in late August and at that time 75 condos and 18 townhomes had been sold, according to Stanley Martin Vice President of Sales Katie Willis.
Construction on the homes started in February 2022. People started to move into the development a year ago.
The residential portion of the project is estimated to cost $64 million, Willis said. That number doesn’t include the commercial development.
The overall 23-acre Gateway Square project site was once eyed for development by Atlanta-based firm Core Property Capital, which bailed on the idea in 2018. Stanley Martin scooped up the property for $10 million in 2020, and then sold most of the Broad Street frontage to Markel |Eagle. The development was formerly called Westgate but has since been rebranded.
These are not starter homes! $400-$550 for those ugly townhomes? YUK! As they say, location, location, location.
I’m in favor of Short Pump being more urban, so I don’t want to be too snide, but this looks like the Wish version of the Fan
Short Pump is already has way too many people. How about going to the East End? The West End is full.