A Chesterfield shopping center has landed two national retailers as its newest tenants.
Off-price department store chain Burlington is planning to open in a 40,000-square-foot space at Towne Crossing shopping center at Midlothian Turnpike and Courthouse Road.
Also in the works at the center is Popshelf, a chain owned by Dollar General that offers home goods, kitchen equipment and other products mostly priced below $5.
Burlington recently filed a building permit for the center’s anchor space at 11609 Midlothian Turnpike. The space formerly was occupied by Bed Bath and Beyond, which exited the center as part of the brand’s bankruptcy liquidation earlier this year. The Bed Bath & Beyond brand was acquired by Overstock.com in late June, which relaunched Bed Bath & Beyond, and now operates under that name, as an online retailer.
It’s unclear when Burlington plans to open at Towne Crossing. A company spokesperson didn’t respond to a request for comment. The Bed Bath & Beyond signage was still up on the storefront Thursday.
The new Popshelf store will fill 10,000 square feet at 11629 Midlothian Turnpike. The store doesn’t have a firm opening date set, but construction on the storefront is anticipated to start “in the coming weeks,” a Popshelf spokesperson said in an email Tuesday.
Popshelf (stylized as “pOpshelf”) is already up to three open stores in its first year in the Richmond area. Its first outpost, in Chesterfield at Commonwealth Center near Brandermill, opened in October. The brand also opened a store in April at the Shops at Stratford Hills center in South Richmond. Its first store in the region opened in March at 723 Southpark Blvd. in Colonial Heights.
Towne Crossing is located at 11647 Midlothian Turnpike near Chesterfield Towne Center mall. Other tenants at the center include craft store Michaels, Advance Auto Parts and Korean fried chicken chain Bonchon.
The center is owned by LLCs tied to the Atlanta-based firms Garner Group and Jordan Capital AM. They bought most of Towne Crossing for $13.6 million in a deal recorded in September 2021, according to online county land records.
The firms bought the bulk of the center from an LLC tied to ShopCore Properties, an affiliate of the Blackstone Group, which had owned the property since its $18 million acquisition in 2016.
The firms then sold the outparcel at 11649 Midlothian Turnpike called Towne Crossing Shops (which is home to Panera Bread) that came as part of the 2021 deal to an entity tied to Ohio-based Site Centers Corp. for $4.2 million in July of this year.
The Atlanta firms now jointly own about 104,000 square feet of the center, a figure that excludes outparcels.
An entity tied to Garner Group owns the outparcel at 11601 Midlothian Turnpike, a vacant space that had been recently eyed by 7 Brew Coffee for one of its drive-thru coffee shops. The company didn’t respond to a request for comment on whether the spot was still under consideration.
A Chesterfield shopping center has landed two national retailers as its newest tenants.
Off-price department store chain Burlington is planning to open in a 40,000-square-foot space at Towne Crossing shopping center at Midlothian Turnpike and Courthouse Road.
Also in the works at the center is Popshelf, a chain owned by Dollar General that offers home goods, kitchen equipment and other products mostly priced below $5.
Burlington recently filed a building permit for the center’s anchor space at 11609 Midlothian Turnpike. The space formerly was occupied by Bed Bath and Beyond, which exited the center as part of the brand’s bankruptcy liquidation earlier this year. The Bed Bath & Beyond brand was acquired by Overstock.com in late June, which relaunched Bed Bath & Beyond, and now operates under that name, as an online retailer.
It’s unclear when Burlington plans to open at Towne Crossing. A company spokesperson didn’t respond to a request for comment. The Bed Bath & Beyond signage was still up on the storefront Thursday.
The new Popshelf store will fill 10,000 square feet at 11629 Midlothian Turnpike. The store doesn’t have a firm opening date set, but construction on the storefront is anticipated to start “in the coming weeks,” a Popshelf spokesperson said in an email Tuesday.
Popshelf (stylized as “pOpshelf”) is already up to three open stores in its first year in the Richmond area. Its first outpost, in Chesterfield at Commonwealth Center near Brandermill, opened in October. The brand also opened a store in April at the Shops at Stratford Hills center in South Richmond. Its first store in the region opened in March at 723 Southpark Blvd. in Colonial Heights.
Towne Crossing is located at 11647 Midlothian Turnpike near Chesterfield Towne Center mall. Other tenants at the center include craft store Michaels, Advance Auto Parts and Korean fried chicken chain Bonchon.
The center is owned by LLCs tied to the Atlanta-based firms Garner Group and Jordan Capital AM. They bought most of Towne Crossing for $13.6 million in a deal recorded in September 2021, according to online county land records.
The firms bought the bulk of the center from an LLC tied to ShopCore Properties, an affiliate of the Blackstone Group, which had owned the property since its $18 million acquisition in 2016.
The firms then sold the outparcel at 11649 Midlothian Turnpike called Towne Crossing Shops (which is home to Panera Bread) that came as part of the 2021 deal to an entity tied to Ohio-based Site Centers Corp. for $4.2 million in July of this year.
The Atlanta firms now jointly own about 104,000 square feet of the center, a figure that excludes outparcels.
An entity tied to Garner Group owns the outparcel at 11601 Midlothian Turnpike, a vacant space that had been recently eyed by 7 Brew Coffee for one of its drive-thru coffee shops. The company didn’t respond to a request for comment on whether the spot was still under consideration.
B&M retail discount coat stores are still a thing? Is there not one already located on this sad stretch of slow dying TPK strip malls? I’m fairly certain there is one nestled in between an Asian buffet, vape store, Mexican cartel money laundering restaurant, or nail salon somewhere on that little piece of dystopia known as North Chesterfield. The other tenant, “Pop” is nothing but an “inflation” adjusted $1 store. Both are broader symbols of continued societal decline.
There is 😉 maybe they are moving. That shopping center is horrible to get in and out of at most times of the day.