More than a decade after it set into motion the revitalization of the former Cloverleaf Mall, Chesterfield County is turning its attention to another aging retail center across the street.
The county intends to buy most of Spring Rock Green shopping center at the northwest corner of Midlothian Turnpike and Chippenham Parkway for $16 million and turn it into a mixed-use development.
As envisioned, the project would include more than 1,000 residential units, more than 290,000 square feet of office, retail and restaurant space, a sports-and-entertainment venue and a 190-room hotel along with green spaces.
Chesterfield officials on Tuesday called their plan for Spring Rock Green a bid to update the center and its sizable parking lot to keep up with the trend toward live-work-play development and framed the project as a continuation of similar efforts at Stonebridge Shopping Center, where Cloverleaf once stood across the turnpike.
“The vision is to take what we did at Stonebridge and make it more mixed, more dense and to allow for connectivity through the Boulders and Stonebridge and make optimum use of one of the best interchanges (in the county),” Economic Development Director Garrett Hart said in an interview Tuesday.
The Board of Supervisors is slated to tee up a public hearing today and a vote on the proposed allocation of $16 million to the EDA to buy the property. Those steps are expected to take place Aug. 25.
The county plans to buy two parcels that total 42 acres, which comprise the majority of the center, from current owner Chicago-based Bond Cos. The parcels are valued at $10.2 million, according to online county records.
Hart expected the deal to close in September. The property would have to be rezoned to make way for the mixed-use development.
The project would also include a road between Boulders office park and the development.
The bulk of Spring Rock Green was built in 1976. Bond Cos. bought the center in 2015 and has since sold off the outparcels. The county plans to raze the original structure to make way for the redevelopment.
The center currently consists of about 300,000 square feet of office, retail and restaurant space, according to a leasing flyer. Anchor tenants over the years included defunct for-profit Virginia College.
The center’s current tenants include outdoors retailer 5.11 Tactical and Dollar Tree. County officials said they plan to help tenants inside the project area relocate or transition into new spaces at the mixed-use development.
The center’s outparcels along Midlothian Turnpike, which are occupied by tenants like Panera Bread, Chipotle Mexican Grill and others, won’t be part of the upcoming deal.
The residential portion of the yet-to-be-named project would consist of more than 900 apartments in seven-to-eight-story buildings, along with more than 100 townhomes and condos.
Office space would comprise 200,000 square feet in four-to-five-story buildings, while retail and restaurant space would take up 90,000 square feet.
Taking a page from its experience with Stonebridge, which has a volleyball center, the county plans to incorporate a sports and entertainment venue at the new development.
“We’ve got Richmond Volleyball Club in a building over there. It’s really helped to gel that site and activate it all nights of the week and the weekend and also plays nice with our sports tourism,” Deputy County Administrator Matt Harris. “All we’re trying to do here is replicate that because we’ve seen what importance that has to the success of the overall project.”
County officials declined to elaborate further on the planned usage or facilities of the 100,000-square-foot sports and entertainment venue that would rise on the Spring Rock Green site.
The county has also earmarked $1.5 million in federal COVID-19 relief funds to build a police precinct at the development. The development would also feature parking structures, which county officials believe would be a first for Chesterfield.
Atlanta-based architecture firm Cooper Carry has been hired to design the project.