JLL assisted Stone Brewing Co. in its bid to come to Richmond
Commercial real estate services firm JLL worked with Stone Brewing Co. of Escondido, Calif., on the selection of its Richmond East Coast production and distribution facility.
The city of Richmond Economic Development Authority will build Stone’s 192,800-square-foot production and distribution project. Located in the Fulton Bottom area of the city at the intersection of Williamsburg Avenue and Nicholson Street, brewery plans also include a bistro and gift shop located in the adjacent Intermediate Terminal building.
According to JLL, Stone received more than of 300 responses to its original Request for Proposal (RFP) for an East Coast facility and engaged JLL to assist with the selection process.
JLL helped Stone evaluate different cities and sites, as well as water quality, supply chain, incentives and other metrics. In the end, JLL said Richmond was the top choice given its location and other attributes, not the least of which was a site with access to the James River.
Scott Keeton, vice president, JLL, provided site selection and other services.
“Richmond prevailed among a large pool of options because of the city’s thriving artisan, craft food and beverage scene,” Keeton said in a statement. “Lots of credit is due to both the Commonwealth of Virginia and the city of Richmond for their hard work in bringing Stone to Richmond.”