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VCU buys Richmond Rite Aid site and now controls all 4 corners of the Broad-Belvidere intersection

The Rite Aid at Broad and Belvidere
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RICHMOND, Va. -- VCU now has control over all four corners of a major gateway to its Monroe Park campus.

An entity tied to the university’s Real Estate Foundation last month purchased the 1-acre assemblage at 510-520 W. Broad St., 304 N. Henry St. and 519 W. Marshall St. for $4.65 million, city records show. The property is anchored by the Rite Aid drug store at 520 W. Broad St., along with surface parking lots.

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