NewsLocal News


This SunTrust Bank on Broad could become Richmond’s next brewery

Posted at 9:39 AM, Feb 18, 2016
and last updated 2016-02-18 09:39:09-05

RICHMOND, Va. — A pair of experienced local restaurant owners is the latest to take the leap into Scott’s Addition. Jay Shah and Joel Gilbert purchased the former SunTrust Bank branch at 3022 W. Broad St. on Feb. 16 for an undisclosed sum.

Shah, an executive at locally-based Shamin Hotels, said he and Gilbert are still deciding what to do with the 10,000-square-foot property.  The pair owns the Keagan’s Irish Pub & Restaurant in West Broad Village and are also opening a Mellow Mushroom restaurant in the new GreenGate development taking shape west of Short Pump.

Shah said the space was attractive for its ample parking and prime location amidst Scott’s Addition’s development renaissance.

“We’d love to do a brewery,” he said.

Nathan Hughes, a broker with Sperity Real Estate Ventures who represented the buyers, said the deal included an adjacent parking lot at the corner of West Marshall Street and Summit Avenue that will give the new owners more than 70 parking spaces.

Click here to continue reading on RichmondBizSense.