“We have a long relationship with Food Lion, so when they have a distressed property we’re basically their white knights in that case,” said Will Whitley of New South Properties.
Saturn Return has reopened in its new location across behind City Diner on West Broad Street after several years in a smaller storefront near VCU.
The chains, both owned by TJX Cos., have divvied up a big box formerly occupied by Stein Mart.
The bulk of the land is owned by the Henrico EDA. It’s unclear who the tenant will be for the drive-thru building.
The new space will be used for ice cream production, and eventually for retail sales of pre-packed pints and cups for takeout. The move follows the closure of its store in the Arts District this summer.
Road Runner will be replaced by regional chain Lucky Road, which also has locations at Willow Lawn shopping center, 13265 Rittenhouse Drive in Midlothian and in Fredericksburg
The buyer said it likes the challenge and opportunity of having some vacant spaces to fill with new tenants and breathe new life into the mixed-use development.
Sweet Wynns owner Taryn Wynn said she always envisioned a dedicated space for the company’s ice cream-making classes.
The competitor of Wawa and Sheetz continues its initial push into the region with land deals and plans on file for several new stores.
The firm behind the project is also behind the planned Midlothian Depot, which also would feature a yet-identified, new-to-market grocery chain.
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