Updated at 5:45 p.m. Mia’s Italian Kitchen has a permanent home in Alexandria.
Douglas Development Corp. sold 100 King Street to Alexandria Restaurant Partners for $8.6 million on October 28, according to city records.
That’s more than twice what the three-story building at the corner of King and S. Union Streets is worth for tax purposes, as its value was last assessed at $3.6 million in January.
“The last three-to-four years we’ve been focused on opening restaurants in buildings we own,” Scott Shaw, ARP’s managing partner told ALXnow. “It’s a business strategy that provides stability and predictability for the restaurant.”
Shaw said that the $8.6 million building price was justified by the rent that they paid at the space.
Douglas Development Corp. bought it in 2009 for $2.5 million, and the assessed value of the property peaked at $4 million in 2020.
ARP leases locations at Vola’s Dockside Grill, Riverside Taco Company, Joe Theismann’s Restaurant, The Majestic. The company owns Ada’s on the River and Barca Pier and Wine Bar. The company also owns a Mia’s Italian Kitchen and Café Tu Tu Tango in Orlando, Florida.
Congratulations are in order for @Eat_Drink_ARP!
Alexandria Restaurant Partners celebrates its acquisition of 100 King St with the Alexandria Chamber of Commerce and financing partners, Virginia Partners Bank. Congratulations! pic.twitter.com/F6KUHkhTJx
— Alexandria Chamber (@TheChamberALX) November 28, 2022
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Get ready to Shake, Rattle and Roll with this one-of-a-kind, high-octane rockabilly concert experience! Rockabilly Rumble is the all-new, musical experience celebrating the southern rock music that exploded on the scene in the 1950s. Organized by Alexandria City High School Alum and pro-musician Sam C. Jones, this band of world-class performers will have you dancing in your Blue Suede Shoes all night long with songs made famous by Bo Ridley, Carl Perkins, Roy Orbison, Buddy Holly, Johnny Cash, Elvis Presley and more. Relive their most popular hits, along with some forgotten gems. “Rockabilly Rumble” is a dance-worthy, foot stomping evening you’ll never forget!
This show is 21+ only.
YOU MUST HAVE A VALID PHYSICAL ID. A PICTURE OF YOUR ID IS NOT ACCEPTABLE.
Unwrap the magic of Black Friday and Small Business Saturday all weekend at Current Boutique! Dive into luxury with exclusive deals on pre-loved designer treasures, celebrating sustainable fashion with every purchase. Whether in-store or online, indulge in guilt-free glamour and support local businesses. ✨🛍️👗
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