🛒A New Trader Joe’s is Coming to Richmond: What It Means for Our Community and Real Estate Market
Richmond food lovers, rejoice! Trader Joe’s is officially expanding its footprint in the region with a brand-new store planned for Midtown64, the redevelopment of the former Genworth Financial campus on West Broad Street in Henrico. This exciting addition will mark the third Trader Joe’s in the Richmond area, joining the beloved Short Pump and Bon Air locations.
For those who crave affordable organic produce, unique frozen meals, and cult-favorite snacks, Trader Joe’s is more than just a grocery store—it’s a lifestyle brand. And for us in the real estate world, the arrival of a Trader Joe’s is more than a convenience; it’s a signal of growth, investment, and rising property values.
Why Trader Joe’s Matters for Richmond
Trader Joe’s stores are known for creating buzz wherever they open. They attract loyal shoppers from across the city, often becoming a destination in themselves. The new Henrico location will anchor the retail portion of Midtown64, a $500 million mixed-use development that will include:
1,000 apartments
200 townhomes
300,000 square feet of office space
Hotels, retail, and dining options
This isn’t just a grocery store—it’s a catalyst for community transformation. Developments like Midtown64 bring new energy to surrounding neighborhoods, and Trader Joe’s is the kind of anchor tenant that signals long-term stability and desirability.
Real Estate Impact: What Buyers and Sellers Should Know
As a Realtor deeply connected to Richmond’s neighborhoods, I’ve seen firsthand how the arrival of a Trader Joe’s can influence the local housing market. Here’s why:
Boosted Property Values: Studies have shown that homes near popular grocery chains often see a bump in value. Trader Joe’s, in particular, has a reputation for increasing neighborhood desirability.
Lifestyle Appeal: Buyers today aren’t just looking for square footage—they’re looking for lifestyle. Proximity to Trader Joe’s means walkable convenience, healthier living, and a sense of community.
Neighborhood Growth: With Midtown64 bringing new housing and office space, the surrounding area will see increased demand. This creates opportunities for both buyers seeking vibrant communities and sellers looking to maximize their home’s value.
For Richmond homeowners, this is a moment to watch. If you’re considering selling, highlighting proximity to Trader Joe’s could be a powerful marketing angle. If you’re buying, now is the time to explore neighborhoods near Midtown64 before demand spikes.
Location Details
The new Trader Joe’s will be located at: 6610 W. Broad Street, Henrico, VA
You can view the location on Google Maps to see how it connects to your neighborhood and commute.
What This Means for You
As Richmond continues to grow, developments like Midtown64 remind us that our city is evolving into a hub of culture, convenience, and opportunity. Trader Joe’s isn’t just another grocery store—it’s a sign of confidence in our community’s future.
For my clients, I see this as a chance to align lifestyle with investment. Whether you’re searching for a home near this new hub or considering selling in a neighborhood poised for growth, I’m here to guide you through the process.
Final Thoughts
The arrival of Trader Joe’s in Henrico is more than a headline—it’s a milestone for Richmond’s real estate market. It represents the intersection of lifestyle and investment, convenience and community. As your Realtor, I’m excited to help you navigate these changes, ensuring your next move is not only a home but a step toward the future of Richmond living.
If you’d like to explore homes near the upcoming Trader Joe’s—or discuss how this development could impact your property’s value—let’s connect. Richmond is growing, and together we can make sure you’re part of the story.