The Diamond District Office Space for Rent

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Renting Office Space in The Diamond District

This 67-acre submarket is the most significant urban redevelopment project in Richmond’s history. Phase 1 is officially in the "Shovel-Ready" stage as of January 2026, anchored by the development of CarMax Park, the city’s new baseball stadium slated to replace the aging Diamond (Source: Richmond BizSense Jan 2026). 2026 marks the year of "Demolition and Delivery." With the final season at the old Diamond concluded, demolition will make way for a sprawling district of over 3,000 residential units and a new hotel. Investors are targeting the surrounding Northside fringes, anticipating a "halo effect" on property values similar to what Scott's Addition experienced a decade ago.

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Popular Office Space in the The Diamond District Neighborhood

Fountain Park

1,570 – 21,780 SF

$2,600 – $3,700 /mo

General Medical

Sutton Medical Office Building

4,000 SF

$5,000 /mo

General

FOR LEASE: 3,000± Retail Space | 4505 W. Broad St, Richmond, VA

3,000 SF

$7,500 /mo

General

Retail Space For Lease

1,000 – 2,000 SF

- /mo

General

Richardson Road

4,000 – 8,025 SF

$2,200 – $3,700 /mo

General

Chantilly Street

752 – 1,256 SF

$1,300 – $2,100 /mo

General

E Belt Blvd

1,705 SF

$2,200 /mo

General

Shockoe Slip

1,459 SF

$2,700 /mo

General

Brand New Flex Building

1,300 SF

$1,500 /mo

General

360 West Shopping Center

400 – 13,652 SF

- /mo

General Storefront

Chesterman Place

848 – 7,951 SF

$1,300 – $10,900 /mo

General

Olde Towne Building

400 – 650 SF

$600 – $1,000 /mo

General

Westwood Avenue

30,000 SF

- /mo

General

Office Space for Lease - 3850 Gaskins Rd

360 – 1,525 SF

- /mo

North 22nd Street

1,445 SF

$1,900 /mo

General

Suite Rates in The Diamond District

Suite Sizes in The Diamond District

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES

*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.