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Retail Roundup: What will happen to the Haverty’s building?

(We are having some technical difficulties getting the Retail Roundup column loaded to the new roanoke.com, so unfortunately I don’t have a link to the column. When I do I’ll include it in this post.)

Last week you might have read here that Haverty’s furniture store is closing at the end of May. The store’s closure opens up a very large building in a busy retail hub that is mostly built-out and landlocked by the airport, neighborhoods and Interstate 581.

I sought to find out what would happen with the 40,000 square-foot building. I learned from Roger Elkin, of Hall Associates, which is handling the leasing of the building, that the building has not been leased.

Because of its size, it might be split up to accommodate several tenants, Elkin said. There are very few retailers, he said, that need 40,000 square feet.

Elkin expects to see the building leased quickly, and said there has already been interest.

“Valley View is the absolute retail hub of Western Virginia,” he said.

“There are very few spaces like this in the market,” Elkin said. “It’s a really unique property.”

Also in the column, I reported that Freedom First Federal Credit Union is moving its branch at Towers. The current branch is just inside the shopping center on the upper level. The branch is moving a few doors down, to a larger space next to the Verizon store.

Join the conversation [ADD A COMMENT]

12 COMMENTS

  1. Betina | March 4, 2013 at 9:35 am

    I have heard that Dave’s is going to re open with new management. Any truth to this?

  2. Amanda Codispoti | March 4, 2013 at 9:45 am

    @Betina: Are you referring to Dave’s Restaurant? I can look into it.

  3. Adam | March 4, 2013 at 12:50 pm

    I very much wish a Trader Joe’s would locate there. It probably would not be the most ideal part of town but I still think it would do very well there. Just as long as it is not another mattress store.

  4. Original Greg | March 5, 2013 at 1:11 pm

    Amanda I had lunch at Benny Marconi’s today and the space next door has a building permit. The permit is B120905 for an Eating and Drinking Establishment. The applicant is Ceder Holdings and the owner is listed as Robert and Alyce Szathmary.

    No word on what this is going to be. I heard the people who bought Ernie’s looking into this location too but decided against it when the chance to move into Ernies game open.

  5. Amanda Codispoti | March 5, 2013 at 2:05 pm

    @OG: Thanks! Robert has two spaces right there and both have been leased, but each lessee has declined to speak with me until closer to their opening date. I have gathered that one is a restaurant and the other some sort of shop. When I know more I will include it in a column or post it here. Thanks for taking the time to write down the permit number and leave a comment!

  6. Jack | March 7, 2013 at 5:47 pm

    On the Havertys’ building, I would like to echo my sentiments on please No more mattress stores!! I would like to see a Whole Foods store. Maybe the
    owners of Valley View can have some pull with their contacts in retail to give us some quality stores for a change!

  7. Betina | March 7, 2013 at 7:28 pm

    Amanda yes I was talking about Dave’s restaurant. I see lights on when I drive by.

  8. Mark | March 8, 2013 at 5:08 pm

    Have you heard anything about Books-a-Million closing?

  9. Mark | March 9, 2013 at 12:11 pm

    Any word on Books-A-Million closing?

  10. Amanda Codispoti | March 9, 2013 at 9:00 pm

    @Mark: The store in Roanoke? I haven’t heard anything, but I will swing by there tomorrow to see what I can learn.

  11. Amanda Codispoti | March 9, 2013 at 10:29 pm

    @Mark: Books-A-Million has store closing signs up, and a clerk told a co-worker the last day open is April 13. I will try to get more details Monday.

  12. Chris | March 10, 2013 at 6:52 pm

    Homegoods would do great in the Books-A-Million space.Bring Home Goods to Roanoke please.

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The Storefront blog covers news on the retail, shopping and real estate industries in Southwest Virginia, as reported by Amanda Codispoti.

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