Panera recently bought a portion of the Courthouse Landing site for a new location expected to open this year.
Panera Bread is moving forward with plans to expand its local presence with a new location at one of Chesterfield’s latest developments.
The fast-casual restaurant chain recently paid $1.5 million for a 1.3-acre parcel at 6741 Courthouse Landing Lane, where it plans to build a 3,200-square-foot restaurant.
The property is on the south edge of Courthouse Landing, a 124-acre mixed-use project under construction at the corner of Iron Bridge and Courthouse roads.
Panera bought the property from an LLC tied to the project’s development team. The deal was recorded with Chesterfield last month. The land that changed hands has an assessed value of $530,100.
Jeff Doxey of NAI Dominion, which is also part of the project, handled the deal on behalf of the developer. Connie Jordan Nielsen of Thalhimer represented Panera in sales negotiations.
The restaurant is anticipated to open in late fall 2025, according to a company spokeswoman.
The location will have a drive-thru and indoor dining room, and would join more than a dozen Panera locations that are already selling soup and sandwiches in the Richmond region.
The Panera deal is at least the third land sale at Courthouse Landing since the first deal was struck late last year, per online records. The project’s developer has been handling infrastructure at the site and selling off portions to other companies to build on their respective pieces of the property.
The Sheetz site was purchased by a private party last year and will lease the site to the gas station chain with a targeted opening in early May. Virginia Credit Union earlier this year secured its parcel at the development for a new branch.
Other future tenants that have been publicly announced include Panda Express, FirstBank, Five Guys and Starbucks, according to a leasing flyer.
A layout of the Courthouse Landing project.
Courthouse Landing is planned to feature about 325,000 square feet of commercial space and nearly 500 residential units, with a total estimated cost of $250 million to $400 million.
The project is being developed by a group that includes Florida businessmen Edward Schmidt, Robert Eckstein and Josh Rodstein. They bought the project site for $7 million in 2023, nearly three years after the property was rezoned under then-developers Dunphy Properties and Shuler Properties, which are no longer part of the project.
The development is picking up momentum as VCU Health, which had once planned to anchor Courthouse Landing, is planning a project nearby. The health system recently filed plans for a 100,000-square-foot medical office and surgical center facility about a mile away.
Panera recently bought a portion of the Courthouse Landing site for a new location expected to open this year.
Panera Bread is moving forward with plans to expand its local presence with a new location at one of Chesterfield’s latest developments.
The fast-casual restaurant chain recently paid $1.5 million for a 1.3-acre parcel at 6741 Courthouse Landing Lane, where it plans to build a 3,200-square-foot restaurant.
The property is on the south edge of Courthouse Landing, a 124-acre mixed-use project under construction at the corner of Iron Bridge and Courthouse roads.
Panera bought the property from an LLC tied to the project’s development team. The deal was recorded with Chesterfield last month. The land that changed hands has an assessed value of $530,100.
Jeff Doxey of NAI Dominion, which is also part of the project, handled the deal on behalf of the developer. Connie Jordan Nielsen of Thalhimer represented Panera in sales negotiations.
The restaurant is anticipated to open in late fall 2025, according to a company spokeswoman.
The location will have a drive-thru and indoor dining room, and would join more than a dozen Panera locations that are already selling soup and sandwiches in the Richmond region.
The Panera deal is at least the third land sale at Courthouse Landing since the first deal was struck late last year, per online records. The project’s developer has been handling infrastructure at the site and selling off portions to other companies to build on their respective pieces of the property.
The Sheetz site was purchased by a private party last year and will lease the site to the gas station chain with a targeted opening in early May. Virginia Credit Union earlier this year secured its parcel at the development for a new branch.
Other future tenants that have been publicly announced include Panda Express, FirstBank, Five Guys and Starbucks, according to a leasing flyer.
A layout of the Courthouse Landing project.
Courthouse Landing is planned to feature about 325,000 square feet of commercial space and nearly 500 residential units, with a total estimated cost of $250 million to $400 million.
The project is being developed by a group that includes Florida businessmen Edward Schmidt, Robert Eckstein and Josh Rodstein. They bought the project site for $7 million in 2023, nearly three years after the property was rezoned under then-developers Dunphy Properties and Shuler Properties, which are no longer part of the project.
The development is picking up momentum as VCU Health, which had once planned to anchor Courthouse Landing, is planning a project nearby. The health system recently filed plans for a 100,000-square-foot medical office and surgical center facility about a mile away.
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My goodness there’s already a Starbucks like half a mile down the road. What is this midlothian turnpike? Put a chick-fil-a or support a local business.