Building owner is currently shopping around for potentially interested retail or restaurant tenants.
A Scott’s Addition bingo hall could be slated for new retail shops, if the owners’ vision is realized.
Yeshiva of Virginia, a Jewish high school for boys in the West End, owns and operates the bingo hall. With surrounding development picking up at a fast pace, the school’s president, Stuart Cantor, says there may be better ways to maximize the site’s potential.
The organization has created a listing for the property and is shopping around for potential tenants–either a single retailer or restaurant to fill the 8,500-square-foot space or multiple retailers.
Due to the property’s prominent frontage on West Broad Street, just a block west of the Boulevard, Cantor says the site has the possibility to attract attention from national retail chains who would likely not consider the interior streets of Scott’s Addition due to lack of visibility.
Depending on interest and the needs of a potential tenant or tenants, Yeshiva of Virginia says it is open to either razing the existing single story structure and constructing a new building, or taking advantage of historic tax credits and renovating the space.
The proposed project would be called the Shoppes at Scott’s Addition. A rendering of what the corner could look like was included in the online flyer, but no architectural renderings have been produced to date.
The real estate flyer lists the asking price for space at $28.5o per square foot.