New co-working space coming to Scott’s Addition
Small businesses soon will have access to a new co-working space in Scotts Addition.
Hudson Century LLC has purchased a 26,500-square-foot building from Richmond Urban Developers for $1 million and plans to redevelop some of the space into an second location for Gather, which operates a co-working space at 409 East Main Street in Richmond.
Gather offers space for rent that typically appeals to freelancers, entrepreneurs and small businesses who don’t want to operate out of their homes, preferring instead the community of a space where other business people work.
Birck Turnbull, a senior vice president for Cushman & Wakefield | Thalhimer, who handled sale negations for the buyer in Scotts Addition said that Gather plans to open another location in 16,000 square feet of the building at 2930 W. Broad St.
The rest of the space will be available to lease either in its entirety or in sections. According to Turnbull, the building, formerly known as the Century Centre, is the former home of a Hudson Automotive dealership that dates back to the 1950s. In the 1980s, the state used the site for office space, he said.
“The new owner wants to give it a facelift within the context of a historic tax credit renovation,” added Turnbull.
The building has 18-foot ceilings with exposed metal trusses and comprises about a half a block at the gateway to Scott’s Addition – an area near the Boulevard and Broad Street that has that drawn many redevelopment projects in recent years, including apartments, a brewery and a coffee shop.
Another brewery is on the way. According to Turnbull, a partnership between Hudson Century, the owners of Gather and High Summit Partners (of which Turnbull is a joint venture partner), is developing The Veil Brewing Co. It has signed a lease for 11,000 square feet of space at 1301 Roseneath Road.
The brew master and one of the co-owners for the new brewery will be Matt Tarpey. He has worked previously at The Alchemist in Vermont and Hill Farmstead, also in Vermont. The brewery plans to open in November.