In late May 2020, Dominion Energy's office tower in downtown Richmond was demolished. Photo by Caroline Martin
Dominion Energy Inc. no longer plans to pursue a second office tower in downtown Richmond.
Last week, the Richmond-based utility notified the city that it no longer plans to pursue construction of 700 Canal Place, a proposed 17-floor office tower that would complement 600 Canal Place, a 960,000-square-foot, 20-floor office tower that opened in 2019. The structures were supposed to complete a two-building campus in Richmond’s downtown.
Reached via email, Dominion spokesman Ryan Frazier said that the company declined to pursue the second tower for two reasons: the utility had sold off its natural gas transmission and storage assets, leading to an employee reduction of 300; and that 35% of the company’s total workforce — and most of its downtown employees — have worked remotely for the past 13 months, and Dominion plans to offer more work flexibility to its employees than it did prior to the pandemic.
