From Richmond BizSense Former Scott’s Addition bingo hall finds a buyer! Going… Going…. SOLD!

An entire block of prime West Broad Street frontage along Scott’s Addition’s southern border is now under the control of a single ownership group. A company led by Charles Bice of Richmond-based KB Building Service and Birck Turnbull of Cushman & Wakefield | Thalhimer last week purchased the former bingo hall building at 2900 W. Broad St. for $1.2 million, according to city records. The 19,000-square-foot property, previously owned by Yeshiva of Virginia, is assessed at $1.06 million. With the bingo hall in its possession, Bice and Turnbull’s group now owns all the storefronts along West Broad Street between Altamont Avenue and North Sheppard Street in the city’s most rapidly developing neighborhood.

Bice said in an email that his group looks to “develop a use that will enhance our other tenant businesses on the block, including Gather, Three Notch’d Brewing, The Dog Wagon and, soon, The Richmond Wine Station.”

Bice and Turnbull have been staking their claim in Scott’s Addition for quite some time.

They led the redevelopment of the Gather building at 2920 W. Broad St., which in addition to the coworking brand has attracted Three Notch’d, The Dog Wagon and Richmond Wine Station. In 2015 they purchased the neighboring former Joy Garden property at 2918 W. Broad St.

Developers and investors have been lining up to grab a slice of Scott’s Addition, luring new residences, breweries, entertainment, and retail and office space to an area that was once largely industrial.

Among the latest plans for the neighborhood are two potentially competing bar-arcade concepts, a new location for a local ice cream chain and a second outpost for a Fan barbershop. Read the rest of the story, here

Comment & Discuss

Scott's Addition Boulevard Association
Scott's Addition Boulevard Association
The mission of Scott’s Addition Boulevard Association (SABA) is to provide a forum for businesses, property owners and residents of the neighborhood and surrounding area to address community issues; protect the integrity of our neighborhood’s historic designation; preserve the neighborhood’s economy; and enhance the vitality of the community. We hope you’ll consider joining us. Primarily industrial in nature, our neighborhood is experiencing a tremendous renaissance and is widely considered the fastest growing neighborhood in the City of Richmond. Home to more than 1,000 new apartments that have already been carved out of historic warehouses and other buildings, as well as restaurants, breweries, coffee shops, and a number of attractions, the Scott’s Addition area and the Boulevard corridor is the place to be!