Charlottesville, Va. -- Construction has begun on a new 73-acre, super-regional shopping center, 5th Street Station, in the heart of southern Charlottesville. 5th Street Station brings the first Wegmans store to Central Virginia, along with 335,000 sq. ft. of additional anchor, junior anchor and small-shop opportunities.
Leasing for Phase One is complete and includes the 140,000-sq.-ft. Wegmans, the region’s first 50,000-sq.-ft. Field & Stream and Dick’s Sporting Goods’ second store to the market. PetSmart, Panera Bread and other retailers will round out Phase One. Leasing for Phase Two is underway with approximately 75,000 sq. ft. of retail space already under negotiation.
“5th Street Station has always been on the radar for a number of super-regional tenants and now that the project has broken ground, the interest level has increased tremendously. Retailers are really starting to see the project take shape," said Erica Meekins Rorrer, VP of retail for Divaris Real Estate, Inc.
5th Street Station is located on 5th Street, directly off I-64 at exit 120 in southern Charlottesville, less than five minutes from the University of Virginia. The $153-million project is slated to open in fall 2016.