Divaris announces new tenants in Charlottesville’s 5th Street Station

Published April 28, 2016 by Paula C. Squires

5th Street Station, a 465,000-square-foot shopping center under development in Charlottesville, has picked up two new tenants, including the area’s first Alamo Drafthouse Cinema.

Divaris Real Estate Inc. announced the signing of two new leases Thursday that total 36,500 square feet. Alamo Drafthouse Cinema leased 33,000 square feet of space and will anchor the north portion of the project on the opposite side from Wegmans.  This will be the first of its brand in the Charlottesville area, and owners expect to open in early summer 2017. 

Founded in 1997 in Austin, Texas, Alamo Drafthouse Cinema has expanded to locations in more than 20 cities across the country including one in Loudoun County.  According to Divaris, the Charlottesville location will have large-format screens and one of the first new Sony projectors in the country that can show films in 3D and 4K.  Patrons will be able to choose from food and over 30 craft beer selections served to their seats even during the film.

The second lease was 3,500 square feet for Fuzzy’s Taco Shop The restaurant chain serves fresh, handmade Baja-style Mexican food in 81 stores across 9 states.  Specialties include fish tacos, burritos, and nachos.

Larry Agnew, Mary McGovern, Zach Means and Eric Rorrer of DRE, based in Virginia Beach, handled lease negotiations on behalf of the landlord, 5th Street Station Ventures LLC.

Previously announced leases in 5th Street Station include Field & Stream, Haverty’s Furniture, A.C. Moore, PetSmart, Timberwood Tap House, Panera Bread, Dick’s Sporting Goods, Hand & Stone, Verizon Wireless and Red Mango.

The $153 million regional shopping center is located on 5th Street, off I-64 at exit 120 in southern Charlottesville, about five minutes from the University of Virginia.  The center plans to celebrate its grand opening this fall.