October Festival Guide

Ukrop to open boutique Broad Street hotel

Ted Ukrop is planning to put a boutique hotel in a building at 201 W. Broad St. downtown. (PHOTO: Burl Rolett)

Ted Ukrop is planning to put a boutique hotel in a building at 201 W. Broad St. downtown. (PHOTO: Burl Rolett)

RICHMOND, Va. (RichmondBizSense.com) – One of the big family names in the local business scene is planning to bring a hotel development to the downtown stretch of West Broad Street.

Ted Ukrop plans to convert the six-story apartment and office building at 201 W. Broad St. into a boutique hotel.

Ukrop confirmed the plans Thursday, though he declined to provide additional details on the project.

The conversion would take place in a nearly 100-year-old, 43,855-square-foot midrise at Broad and Jefferson streets. It was built in 1916 and, according to the National Park Service, was home to J.B. Mosby Dry Goods Store, which opened in that same year as the city’s first fireproof department store.

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