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Unicorp Delivers $250M, 1M-SF-MXD Development

RICHMOND, VA-GVA Advantis will be leasing the 600,000-sf office component of the one-million-sf mixed-use development.

By Erika Morphy | Updated on August 06, 2008

RICHMOND, VA-Unicorp Development will be delivering the first phase of its $250 million, 911,000-sf, mixed-use project here within the next few weeks. Called West Broad Village, the project, which offers a mix of hotel, retail, office, multifamily and for-sale housing, has already leased up some 70% of the retail component.

The goal is to have the project operational at one time, Lisa Earnhardt, director of project management, tells GlobeSt.com, “so the project is not divided into formal phases per se.” Rather it will be opening in waves, she explains, with the first set to open at the beginning of September, when Whole Foods moves into the first building of the six-building-and-eight-out-parcel development. Other retailers that have signed onto the project include Books A Million, REI (which will be in a standalone building), Wachovia, Old Navy, and Dave and Busters.

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