Inside the Winding Brook Bass Pro Shops store. (Photos by David Larter)
A local developer has reeled in a big piece of the Winding Brook development in Hanover County.
Rob Chesson, under the entity Thomlyn LLC, purchased the Bass Pro Shops property in Ashland for $9.1 million from Winding Brook developer Holladay Properties, according to Hanover County records. The sale closed last month.
The store is 140,000 square feet.
Austin Haynes, senior vice president of development for Holladay, said Chesson’s purchase includes the 140,000-square-foot Bass Pro Shops retail store and the parking lot, a total of about 13 acres at 11550 N. Lakeridge Pkwy.
Haynes said Bass Pro still has more than 16 years left on its lease, with a number of options for extension.
Holladay will continue developing the rest of Winding Brook, Hayes said
“We still hold about 59 acres out there,” he said. “We’ve got Bojangles’ under construction, we’re getting ready to break ground on anther retail strip and Wendy’s is getting ready to go under construction.”
Chesson, who did not return a call for comment, has also done business in the past under the name Rastek Construction and Development. He owns other local retail properties as well, including Short Pump Commons at 4300 Pouncey Tract Road.
This is the third big deal to close at the Lewistown Road exit in Ashland in the past three months.
In January, California-based developer Craig Realty Group announced its purchase of 43 acres at the Northlake Business Park from developer Gibson Wright. Craig Realty plans a nearly 400,000-square-foot outlet mall on the land.
County records show Craig paid $7 million for the property.
Within days of that deal, Wright sold 14.5 acres nearby to the Virginia Department of Game and Inland Fisheries for its new $10 million headquarters.
Inside the Winding Brook Bass Pro Shops store. (Photos by David Larter)
A local developer has reeled in a big piece of the Winding Brook development in Hanover County.
Rob Chesson, under the entity Thomlyn LLC, purchased the Bass Pro Shops property in Ashland for $9.1 million from Winding Brook developer Holladay Properties, according to Hanover County records. The sale closed last month.
The store is 140,000 square feet.
Austin Haynes, senior vice president of development for Holladay, said Chesson’s purchase includes the 140,000-square-foot Bass Pro Shops retail store and the parking lot, a total of about 13 acres at 11550 N. Lakeridge Pkwy.
Haynes said Bass Pro still has more than 16 years left on its lease, with a number of options for extension.
Holladay will continue developing the rest of Winding Brook, Hayes said
“We still hold about 59 acres out there,” he said. “We’ve got Bojangles’ under construction, we’re getting ready to break ground on anther retail strip and Wendy’s is getting ready to go under construction.”
Chesson, who did not return a call for comment, has also done business in the past under the name Rastek Construction and Development. He owns other local retail properties as well, including Short Pump Commons at 4300 Pouncey Tract Road.
This is the third big deal to close at the Lewistown Road exit in Ashland in the past three months.
In January, California-based developer Craig Realty Group announced its purchase of 43 acres at the Northlake Business Park from developer Gibson Wright. Craig Realty plans a nearly 400,000-square-foot outlet mall on the land.
County records show Craig paid $7 million for the property.
Within days of that deal, Wright sold 14.5 acres nearby to the Virginia Department of Game and Inland Fisheries for its new $10 million headquarters.
Wow, it got off to a slow start, but it sounds like the fish stories over Bass Pro Shop setting off a minor development boom in the nearby area is finally panning out.