A retail development almost 20 years in the making is revving up.
Marchetti Properties last month received approval from the Chesterfield County planning commission for a 230,000-square-foot shopping center.
Stonehenge Village Center, which right now is an empty, graded lot at Walmart Way and Midlothian Turnpike, was initially approved in 1995 and has been delayed ever since.
Nicki Jassy and Connie Nielsen, brokers with Cushman & Wakefield | Thalhimer, are representing the property for Henrico-based Marchetti.
Jassy said they are working on landing an anchor and are closing in on a few prospects, although no announcements are imminent.
“Right now it’s scheduled to break ground in the fall for delivery late in 2014,” she said.
The developer could not be reached for comment by press time.
According to plans submitted to the county, Stonehenge Village calls for a two-phase development with a 70,000-square-foot strip center, a 135,000-square-foot anchor tenant and four restaurant outparcels.
Greg Allen, planning manager at the county, said the amendment was the first step in the process.
“What the approval does is say the commission approves of the concept,” Allen said. “Now the developer will come back with construction plans, and that will all have to go through the process again.”
Allen said that his department would be ready to hurry the project through the system once Marchetti submits its plans.
A retail development almost 20 years in the making is revving up.
Marchetti Properties last month received approval from the Chesterfield County planning commission for a 230,000-square-foot shopping center.
Stonehenge Village Center, which right now is an empty, graded lot at Walmart Way and Midlothian Turnpike, was initially approved in 1995 and has been delayed ever since.
Nicki Jassy and Connie Nielsen, brokers with Cushman & Wakefield | Thalhimer, are representing the property for Henrico-based Marchetti.
Jassy said they are working on landing an anchor and are closing in on a few prospects, although no announcements are imminent.
“Right now it’s scheduled to break ground in the fall for delivery late in 2014,” she said.
The developer could not be reached for comment by press time.
According to plans submitted to the county, Stonehenge Village calls for a two-phase development with a 70,000-square-foot strip center, a 135,000-square-foot anchor tenant and four restaurant outparcels.
Greg Allen, planning manager at the county, said the amendment was the first step in the process.
“What the approval does is say the commission approves of the concept,” Allen said. “Now the developer will come back with construction plans, and that will all have to go through the process again.”
Allen said that his department would be ready to hurry the project through the system once Marchetti submits its plans.
This opportunity is only late by 20 years… Should have just sold this land to a Christmas Tree farmer.
I agree with Elle, this area is on the decline.