Colonial Place at Virginia Center is a $25-million projectconsisting of three buildings totaling of 218,750 sf. Two buildingsare under construction on the 17-acre site, according to OneColonial Place principals Christopher W. Rice and John T. SuttonIII. Sutton and Rice are senior vice presidents at CB RichardEllis, the commercial real estate company that will oversee projectleasing and management. The complex is the first high-class,multi-story office space for Virginia Center, a planned mixed-usearea of housing, retail and office space in the Interstate295-Interstate 95 corridor.
The first building, with two stories and about 50,000 sf, isscheduled for completion in May 2001. The third building will alsobe 50,000 sf. The second building is a four-story, 118,000-sfscheduled to open in November 2001.
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