BizSense Beat is a weekly collaboration between VPM News and Richmond BizSense that brings you the top business stories during NPR's Morning Edition on Fridays.
Here’s a recap of the top stories for the week of August 2, 2024:
Capitol Square’s Dairy Bar redevelopment plan gets council go ahead
Reported by Richmond Bizsense’s Mike Platania
One of the busiest developers in Scott’s Addition just got the green light for its latest project in the neighborhood.
Last week Richmond City Council approved a special-use permit for Capital Square’s planned redevelopment of 1600 Roseneath Road and 3406 Moore St., the former homes of The Dairy Bar diner and shuffleboard bar Tang & Biscuit.
Capital Square is planning to demolish the existing buildings to make way for a mixed-use development with 320 apartments and commercial space. Because the new structure would reach up to eight stories, Capital Square needed an SUP.
VCU Health looks to relocate Chesterfield facility once eyed as anchor for Courthouse Landing
Reported by Richmond Bizsense’s Jack Jacobs
Citing delays and other challenges at the Courthouse Landing project in Chesterfield, VCU Health is looking to move a proposed outpatient medical center out of the mixed-use development to a site nearby.
The health system is seeking regulatory approval to relocate the yet-to-be-built surgery center to a property about a mile away near the intersection of Iron Bridge and Beach roads in Chesterfield County, according to its recently filed application with the Virginia Department of Health.
In addition to the request to relocate the project, VCU Health has also requested an extension on the construction timeline for the project. VCU Health currently anticipates the project to cost $33.5 million, several million dollars more than the price tag of $30.7 million associated with the project when it was first approved as part of Courthouse Landing.
Carytown’s Tokyo Market to relocate up the street
Reported by Richmond Bizsense’s Mike Platania
A mainstay Carytown retailer is moving elsewhere within the neighborhood.
Tokyo Market, which sells Japanese groceries, spices, sauces and other items, is preparing to leave its longtime home at 2820 W. Cary St. and relocate a couple blocks west to 3030 W. Cary St.
Though its current address is on Cary Street, Tokyo Market’s storefront faces Colonial Avenue and is located just past the Byrd Theatre on the eastern end of Carytown. Store manager Bochie Thompson said the move will give it both direct exposure to Carytown’s main thoroughfare, as well as more space as it jumps from 1,400 to 2,500 square feet.
Fan pizza shop The Hop closes, hands keys over to new Jewish restaurant concept
Reported by Richmond Bizsense’s Mike Platania
A Fan restaurant space is trading pizza for matzoh balls.
The Hop Craft Pizza & Beer at 1600 W. Cary St. closed last week after selling its lease, equipment and business assets to industry veteran Yael Cantor for her new concept, Susie’s.
Cantor, whose resume counts stints at Stanley’s, Mamma Zu and Saison, said Susie’s will serve a mix of Jewish and Mediterranean food, including brisket sandwiches and matzoh ball soup.
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