Per breaking news on the RTD website today, the former Ukrop's location on Grace Street adjacent to the Virginia Commonwealth University campus will now be part of that same campus. VCU's real estate foundation purchased the property for future development.
"The foundation bought the property last month
for $9 million from BET Investments Inc., a Pennsylvania-based
development company."
Watch for more information in upcoming press. I'm sure there will be articles soon.
For more on the closing of the Ukrop's at VCU, see here, here, and here.
(Thanks to burt from UP Richmond for the heads up on the article!)
