RICHMOND, Va. — Dominion Resources has shed some more light on its plans to change the downtown skyline.
The Richmond-based utility giant announced Thursday it will build a 20-story, 908,000-square-foot office tower at 111 S. Sixth St.
The high-rise will replace the existing six-story, 269,000-square-foot Richmond Plaza building, which sits across the street from Dominion’s One James Center Plaza headquarters and has been largely unused since the company bought it from Washington, D.C.-based real estate firm Douglas Development in 2011.
The company said it is also considering building a separate, neighboring tower on the site of its current headquarters, which sits at 701 E. Cary St. It released a rendering showing the dual towers that would be 850,000 square feet on 16 floors, though company spokesman Ryan Frazier said it is still considering its plans for the One James Center Plaza property. Its options include either gutting the existing 21-story, 667,000-square-foot building for a full renovation or demolishing it in favor of a new tower.
For the Richmond Plaza site, Dominion’s 20-story building will include 17 floors of office space, two floors of above-ground parking and four floors of underground parking. Ground floor retail space is also planned for the building’s northeast side on Seventh Street and Cary.