Heironimus Building set for redevelopment in downtown Roanoke
A major mixed-use development is in the works for one of the last large undeveloped pieces of property in downtown Roanoke.
Cushman & Wakefield | Thalhimer announced Tuesday morning that is under contract and developing a mixed use space for the now vacant Heironimus building downtown. The Monument Companies is buying the property.
The release states that the building could house up to 25,000 square feet of commercial space and about 80 market rate apartments along with on-site pool and fitness facilities.
For the last two decades, the space has mostly been empty. Heironimus was one of the most notable tenants, and that department store closed in 1996.
Roanoke city’s most recent downtown plan pegged the building as one of the “discouraging” empty buildings.
In a February interview with WDBJ7, Rob Ledger, Roanoke Economic Development Manager said, “It's really one of the last large iconic buildings that are set for redevelopment.”
The property sale is expected to happen by the end of September.