Richmond Centre - Richmond, KY

This 120-acre multi-use development comprises approximately 750,000 SF of retail space and includes Meijer, JCPenney, Belk, Cinemark Theatre (with stadium seating), TJ Maxx, Hastings, Michael’s, PetsMart, and Pieratt’s.

Richmond Centre is the largest retail, multi-use development between Lexington, KY and Knoxville, TN (as well as the premier regional shopping, entertainment and hospitality venue for south/central Kentucky) with restaurants including Olive Garden, Panera Bread, Logan’s Roadhouse, Buffalo Wild Wings, Koto Japanese Steakhouse, Chick-fil-A, Dick’s Sporting Goods, and Culvers.

The shopping center was co-developed with Crosland and sold in 2011.

Access and Visibility:

The site has excellent visibility from I-75 (ADT 53,899) with nearly one-half mile of frontage.  Access is from two main signalized connections on Barnes Mill Road (876), as well as two connections on Goggins Lane.

Market Data:

The City of Richmond and Madison County are one of the fastest growing areas within Kentucky.  Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, large university, and cultural and educational opportunities.  Richmond is home to Eastern Kentucky University with a student enrollment over 16,500.  Berea College is located 12 miles south of Richmond with an enrollment in excess of 1,800.

Employers:

Major employers in Richmond and Madison County include the expanding Blue Grass Army Depot, EKU, Berea College, Kentucky Steel, American Greeting, Panasonic, PPG, Mikron Industries, Enersys, Sherwin Williams, Okonite, and Wolf-Sub Zero.  This diversity contributes to a well-balanced population made up of government, health and educational workers, young professionals, skilled labor, students, military, and retirees.