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IHOP opening new location at Willow Lawn, bringing 60 jobs to area

IHOP will hire for 60 new positions. The dining room will provide seating for 150 customers inside and 32 on an outside patio and will be open from 6 a.m. to 11 p.m. every day. They may also consider opening 24 hours a day on Friday and Saturday based on market demand.

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A new chain restaurant is coming to Willow Lawn Shopping Center.

IHOP, the iconic pancake house that specializes in breakfast foods, has signed a lease with Federal Realty Investment Trust for 4,094 square feet of space located within the Willow Lawn Shopping Center at 1601 Willow Lawn Drive between Alpha Comics and European Wax.

“It is with great pleasure we announce IHOP will be opening at Willow Lawn later this year,” said Deirdre Johnson, Vice President of Asset Management for Federal Realty Investment Trust, in a release. “With such a diverse menu selection that expands beyond breakfast, IHOP will have tremendous appeal to our Willow Lawn customers. Whether someone is needing to fuel up with a healthy grilled chicken salad after a rigorous workout at one of our fitness studios or a family is looking for an affordable brunch, IHOP is able to accommodate, with dine-in, outdoor dining and to-go options.”

IHOP will hire for 60 new positions. The dining room will provide seating for 150 customers inside and 32 on an outside patio and will be open from 6 a.m. to 11 p.m. every day. They may also consider opening 24 hours a day on Friday and Saturday based on market demand.

“We are very excited to open an IHOP  at this location in Willow Lawn,” said Sunil Shrestha, owner and operator of the franchise at Willow Lawn. “We’ve been targeting the area for some time. The central location and space [are] perfect for us.”

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Henrico endorses proposed $2.3 billion GreenCity ‘ecodistrict’ development at Parham, I-95, I-295

The $2.3 billion ‘ecodistrict’ is planned around former Best Products headquarters; the project would generate nearly 2.3 million square feet of office and retail space, 2,400 housing units, 2 hotels, a 17,000-seat arena at no financial risk to taxpayers.

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Henrico County officials are endorsing a developer’s vision for GreenCity, a $2.3 billion private, mixed-use “ecodistrict” development that would promote economic development and environmental sustainability as well as include a 17,000-seat arena for major concerts, sporting events, and other entertainment.

Officials with Henrico and GreenCity LLC announced plans for the development today at the county-owned former headquarters of Best Products, which is northeast of East Parham Road’s interchange with Interstate 95 and where the 250-acre community would extend north to Interstate 295.

“We are thrilled to endorse this bold, visionary opportunity as it is in sync with everything that Henrico County stands for and has been working hard to achieve – inclusion, resiliency, mobility, innovation, and job growth,” County Manager John A. Vithoulkas said. “We’re talking about a new kind of community that is intricately planned, inclusive for all, and thoughtfully designed to be not only livable but also to set new standards for environmental sustainability. GreenCity will be a community that preserves, embraces, and showcases open space, and it will drive economic development and tourism in new and exciting ways while remaining respectful to county taxpayers. The arena will put this region back on the entertainment map. It also will provide tremendous benefits to our county while creating no financial risk to our taxpayers.”

Envisioned as an “ecodistrict,” GreenCity would be designed around principles that promote environmental sustainability, civic engagement, and inclusion. The development would integrate extensive parks, trails, and open spaces among about 2 million square feet of office space, 280,000 square feet of retail space, 2,400 housing units, two hotels, and a $250 million arena.

The arena is planned to be the greenest arena venue in North America and would accommodate up to 17,000 patrons in flexible seating configurations to accommodate touring concerts, family shows, and potentially new sports teams, including ECHL Hockey and G-League Basketball.

The former Best Products headquarters, including its iconic Art-Deco eagle statues, would be renovated and repurposed to Living Building Challenge standards, which features the world’s highest level of sustainability design and operations. “Living buildings” provide net-positive energy and water, and produce zero waste.

The developers anticipate a formal submission of plans and an application for rezoning to the UMU, or urban mixed-use, classification in early 2021.

In anticipation of those filings, the Board of Supervisors will consider at its Jan. 26 regular meeting a proposed transfer of the Best Products site to the county’s Economic Development Authority (EDA). The EDA anticipates entering into an agreement to convey the land to the developers pending approval of the rezoning. The developers would then finalize the purchase of the land at $6.2 million – the amount Henrico paid when it bought the property in 2011.

GreenCity would seek the creation of a community development authority, or CDA, to finance the construction of the arena through a sale of bonds. Under the financing model, certain taxes generated onsite by the GreenCity development would be used to make debt payments over a period of 30 years. Once the debt is retired, all taxes generated by the development – an annual amount estimated at more than $20 million – would go to the county’s general fund.

Henrico officials expect to conduct a detailed review of the financial projections as part of its due diligence of the proposal.

“In Henrico, we have extensive experience with CDAs and understand how they can help deliver large-scale development projects that are rich with amenities and potentially transformative for the community,” Vithoulkas said. “CDAs have been used successfully in the development of Short Pump Town Center, White Oak Village, and Reynolds Crossing. Each of these projects either met or exceeded its revenue targets and now makes significant tax contributions that help us fund schools, public safety, and other core services.”

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Richmond’s first medical cannabis processor is now open to patients

Green Leaf Medical of Virginia (gLeaf) is the second medical cannabis processor to open in the Commonwealth.

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The Virginia Medical Cannabis Coalition announced late last week that Green Leaf Medical of Virginia, located in South Richmond, is officially open to patients seeking medical cannabis treatment. Green Leaf Medical of Virginia (gLeaf) is the second medical cannabis processor to open in the Commonwealth.

gLeaf provides a variety of high-quality medical cannabis treatments to registered patients. As of last Friday, registered patients were able to visit gLeaf and speak to a pharmacist to determine the best treatment options for their specific conditions. A mid-December Grand Opening is planned.

“We are excited to bring not only relief to patients but also a boost to the Richmond area economy through our local hires and commitment to growth,” said Joy Strand, executive vice president of Green Leaf Medical and vice president of VMCC. “Green Leaf Medical has been working to provide the highest quality of product available to our patients and have the knowledge and expertise to do it well.”

Though Green Leaf Medical is located in Richmond, any registered patient from across the state can visit the facility to receive treatment.

“Patients across the Commonwealth are finally receiving the care and treatment they need, and we are honored to share the news that Green Leaf Medical is open to serve patients,” said Katie Hellebush, executive director of VMCC. “With another processor open here in Virginia, accessibility to treatment is even easier. This is exciting news for medical cannabis patients across the state.”

Before visiting the facility, you must register as a patient with the Board of Pharmacy. In Virginia, any diagnosed condition can qualify for medical cannabis treatment, as long as a registered practitioner issues a written certification. Upon receiving written certification from a practitioner, an individual can register as a patient through the Board of Pharmacy. For more information on how to become a patient, check out the Patient Registration Guide.

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Mosaic Catering & Events pays $2.1 million for new event space on Cutshaw Avenue

A historic building on Cutshaw Avenue near Scott’s Addition went for top dollar in a recent sale to a buyer banking on a return to in-person events post-pandemic.

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A historic building on Cutshaw Avenue near Scott’s Addition went for top dollar in a recent sale to a buyer banking on a return to in-person events post-pandemic.

3001 Cutshaw LLC purchased the 9,492 square foot office/retail building from 3015 Cutshaw Ave LLC for $2,125,000 as an owner/occupant. The historic building, with excellent visibility and prominence along West Broad Street, is a prime location across from Scott’s Addition and will be converted to an event center by Mosaic.

Connie Jordan Nielsen of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser; Alex T. Wotring and Nicki Jassy, also with Thalhimer, represented the seller.

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