Storefront vacancies up slightly in Charlottesville

Storefront vacancies are up in the six commercial areas tracked by the City of Charlottesville. That’s according to the latest twice a year report put together by the Office of Economic Development (read the report).

“This study examines only the ground-level retail storefronts at the six major shopping centers, so vacancies on the second floor and higher are not included,” reads the report. “Not all vacant buildings are included in the vacancy rate provided.”

Those six commercial areas include Barracks Road, the Downtown Mall, McIntire Plaza, Preston Plaza, Seminole Square, and the Corner. 

There were 22 vacancies in January and that has risen to 33 in July. That does not include storefronts that are under renovation. When factored in percentage, the vacancy rate increased from 5.01 percent to 7.21 percent. 

The study also does not cover West Main Street, which has some buildings that have storefronts that have never been filled. 

  • The Flats at West Village used to have a restaurant that closed before the pandemic, and one retail space required to be built due to the zoning has never been occupied. 
  • The Lark has seen two breweries come and go but the second closed during the pandemic. A retail space on Roosevelt Brown Boulevard has never been occupied.
  • The Standard has several retail spaces, and only one has been occupied. Another appears to be a storefront, but is actually an advertisement for a ghost kitchen. 
The 29th retail report is the second of the year (read the report).

Before you go: The time to write and research of this article is covered by paid subscribers to Charlottesville Community Engagement. In fact, this particular installment comes from the July 18, 2022 edition of the program. To ensure this research can be sustained, please consider becoming a paid subscriber or contributing monthly through Patreon.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.