Reynolds Development

post scriptum

One of the area’s largest real estate bro­ker­ages is get­ting a new head­quar­ters for the first time in decades. Joyn­er Fine Prop­er­ties is mov­ing its home base to Reynolds Cross­ing, where it has signed a mul­ti­year lease for over 16,000 square feet on the first floor of the Reynolds Office Build­ing at 6641 W. Broad St. The bro­ker­age and its sub­sidiaries, Joyn­er Com­mer­cial and Joyn­er Prop­er­ty Man­age­ment, will be mov­ing two miles south from their long­time home at 2727 Enter­prise Park­way, where Joyn­er has been based for over 40 years.

Fresh off its $8 bil­lion acqui­si­tion of Domin­ion Energy’s nat­ur­al gas oper­a­tions, War­ren Buffett’s empire has plant­ed a flag in the Rich­mond area. Berk­shire Hath­away Ener­gy has signed on for 79,000 square feet at 6603 W. Broad St. in Reynolds Cross­ing. BHE is sub­leas­ing the space from Altria, which vacat­ed the space in favor of a new addi­tion to its head­quar­ters across the street.

Three local busi­ness exec­u­tives will be induct­ed into the Junior Achieve­ment Greater Rich­mond Busi­ness Hall of Fame in May. The three join 111 oth­er busi­ness lead­ers who have been induct­ed into the pro­gram since it was estab­lished in 1988. Inductees are cho­sen for their con­tri­bu­tions to busi­ness in the Rich­mond area. The pro­gram is spon­sored by Junior Achieve­ment of Cen­tral Vir­ginia. The cer­e­mo­ny and ban­quet will be held at The Jef­fer­son Hotel on May 14.

The Vir­ginia Eye Insti­tute and Der­ma­tol­ogy Asso­ciates of Vir­ginia will be anchor ten­ants in a med­ical office build­ing that will be built in the Reynolds Cross­ing mixed-used devel­op­ment off Glen­side Dri­ve and For­est Avenue in Hen­ri­co Coun­ty. Con­struc­tion will start in the spring with tar­get­ed com­ple­tion in sum­mer 2018. This will be the last build­ing in the 90-acre Reynolds Cross­ing, clos­ing out a 14-year project by Hen­ri­co-based Reynolds Devel­op­ment Group.

The Four Dia­monds went to the Wyn­d­ham Vir­ginia Cross­ings Hotel and Con­fer­ence Cen­ter in Hen­ri­co Coun­ty, rat­ed since 2004; The West­in Rich­mond in Hen­ri­co, rat­ed since 2009; and the Hilton Rich­mond Hotel and Spa/Short Pump in Hen­ri­co, rat­ed since 2010.

Thomp­son, Siegel & Walm­s­ley, an invest­ment man­age­ment firm, is mov­ing into a Reynolds Cross­ing office behind the Rich­mond West­in hotel off West Broad Street in Hen­ri­co Coun­ty. The near­ly 194,000-square-foot build­ing, which opened in 2008, is now ful­ly leased.

Shel­ter­ing Arms Phys­i­cal Reha­bil­i­ta­tion Cen­ters will open a new out­pa­tient facil­i­ty at Reynolds Cross­ing offie park in Hen­ri­co Coun­ty on Mon­day. The cen­ter will be the reha­bil­i­ta­tion company’s largest facil­i­ty. Shel­ter­ing Arms pro­grams and ser­vices offered at the new loca­tion will include phys­i­cal ther­a­py, med­ical care, med­ical psy­chol­o­gy and an indus­tri­al reha­bil­i­ta­tion pro­gram.

The public’s appetite for mixed-use devel­op­ments con­tin­ues to grow – and nowhere is it grow­ing faster than in Hen­ri­co Coun­ty. Join­ing Short Pump, new­com­er Lib­bie Mill and oth­ers is Reynolds Cross­ing, locat­ed in the heart of “Richmond’s New Mid­town.” Even though it’s 100% locat­ed in Hen­ri­co Coun­ty – that’s what peo­ple are call­ing the area bor­dered by I‑64, Broad Street and Glen­side Dri­ve.

The pro­gram brief is set against the back­drop of cor­po­rate life cycles, just beyond the shad­ow of the head­quar­ters of a 20th Cen­tu­ry cor­po­rate titan that has been recent­ly dis­solved. In the corporation’s dis­so­lu­tion, the client group, led by a for­mer senior exec­u­tive and descen­dant of the com­pa­ny founders, acquired adja­cent land to estab­lish a beach­head for new ven­tures.

A large part of the for­mer Reynolds Met­als cor­po­rate 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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