Reynolds Development


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Reynolds Development

In The News

Reynolds Development was established in 2000 when the company acquired the former Reynolds Metals Worldwide Headquarters site in Richmond, Virginia from Alcoa.

Listed here are news articles about our company, region and industry. Adobe Acrobat is required to download articles.

Reynolds Building receives AIA Richmond Merit Award for Design Excellence
Source: April 17, 2009

The AIA Richmond Chapter Awards Program recognizes projects that have achieved excellence in architecture. The Reynolds Building received the AIA Richmond Merit Award for Design Excellence at this year's AIA Richmond Honors & Awards Program.

Greater Richmond real estate stars shine at eight annual awards gala
Source: Richmond BizSense / April 23, 2009

On Wednesday evening, April 22nd, before a record crowd, the Greater Richmond Association for Commercial Real Estate (GRACRE) honored the area's brightest real estate stars at the Eighth Annual Real Estate Stars Awards Gala. The signature event, which was held at Lewis Ginter Botanical Garden, has become the preeminent event honoring outstanding commercial real estate projects in the Metropolitan Richmond region.
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No downturn here. Despite economic ills, growth looks strong at Reynolds Crossing.
Source: Richmond Times-Dispatch / Sunday, November 23, 2008

Never mind the sluggish economy. Reynolds Crossing is open and nearly fully leased. “We were able to get this done before the economy weakened,” said J. Sargeant Reynolds Jr., a principal with Reynolds Development, which developed the site.

“We are very fortunate... all the financing was in place.”
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Spreading its wings. Bon Secours Expands in Henrico County.
Source: Henrico Magazine / Summer/Fall 2008 Issue 11 No.11

Bon Secours Richmond Health System is making health care more accessible than ever in Henrico County for the entire Richmond region.

A giant banner draped on the Glenside Drive side of a handsome new building proudly proclaims that Bon Secours is opening a Heart Institute there in 2008.
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Room to grow.
Source: Richmond Times-Dispatch / Monday, March 17, 2008

Hotel operators in the Richmond region have responded to record-setting occupancy rates with...what else? More hotels.

As many as 26 hotels are proposed or under construction in the area, despite a slowing economy here and elsewhere.
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Construction booms in Reynolds Crossing
Source: Richmond Times-Dispatch / Saturday, November 19, 2007

New buildings are under construction at the Reynolds Crossing development in western Henrico County.

“We have a lot going on,” said J. Sargeant Reynolds Jr., a principal in Reynolds Development family partnership that is developing the office park where Philip Morris USA has its headquarters.
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Moving east into the near west end. “Before you know it, Richmond’s West End will extend to Charlottesville.”
Source: The Near West End Magazine / July/August 2007

That’s the popular sentiment among many, and understandably so, given the ongoing westward commercial and residential expansion, which has thus far spread into eastern Goochland County.

However, not all are of that opinion. Dr. Morton Gulak, PhD, an associate professor at Virginia Commonwealth University, in their Urban Studies and Planning Department, says “We can’t keep going further and further and further (west).“
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Construction speedup being asked for Reynolds Crossing. Henrico OK sought to relax permitted hours of construction.
Source: Richmond Times-Dispatch / Thursday, February 22, 2007

Developers are trying to speed construction of a seven-story office building at the Reynolds Crossing office and retail center in western Henrico County.

A company has tentatively agreed to lease about 30 percent of the 200,000-square-foot building but it needs access by May 2008, Reynolds Development officials said.
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Westin Hotel coming to Henrico. Property should open near Philip Morris headquarters by 2008.
Source: Richmond Times-Dispatch / Sunday, September 3, 2006

A Westin Hotel is checking into the Richmond area.

The high-end hotel, which often caters to upscale business travelers, will be built in the Reynolds Crossing development near the Philip Morris USA headquarters in Henrico County.
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Reynolds deal is completed. Family buys back part of corporate complex.
Source: Richmond Times-Dispatch / Saturday, March 23, 2002

A large part of the former Reynolds Metals corporation complex in Henrico County is back in the hands of the Reynolds family.

A family partnership paid $30 million for two buildings, the land around those structures and about 50 undeveloped acres.
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