A massive new development beside Brandermill is set to go forward with the closing of a multimillion-dollar land deal.
An entity tied to development firm Kettler last week spent $8 million to purchase 105 acres in the northwest corner of the Route 288-Hull Street Road interchange, where it’s planning a 400-home project with a restaurant and seven-story hotel.
Called Cloverleigh, the development was approved by county supervisors in December. The residential units will include 165 cluster-style detached home lots and 230 condominiums. The restaurant will total 5,000 square feet and front Hull Street Road along with the hotel.
Thalhimer announced the sale Friday afternoon. The purchase, which involved multiple transactions, was not yet reflected on Chesterfield County property records available online.
The project appears to be the first in the Richmond market for Kettler, a 46-year-old firm based in McLean. The company has developed dozens of multifamily residential communities across the Mid-Atlantic, with most of its portfolio in Northern Virginia, D.C. and Maryland. It also has properties in the Carolinas and Pennsylvania.
Cloverleigh would fill the bulk of the wooded site on the west side of 288 that stretches north from Hull Street Road. It would connect to Old Hundred Road/Charter Colony Parkway and Rose Glen Drive beside Brandermill, and with Market Square Lane closer to Hull.
No access from Hull is planned, according to a conceptual site plan. The project will include intersection improvements at Hull and Old Hundred.
Most of the condos would be clustered closer to Hull, providing a transition between the hotel and restaurant and the detached home lots farther north. Existing wetlands and trees along the northeastern edge of the property would be preserved as greenspace. A pool and bathhouse are planned at the connection with Old Hundred/Charter Colony, among other amenities planned across the site.
Plans filed with the county do not specify price points for the homes or a user for the hotel or restaurant, and it isn’t clear when development, to be done in phases, is scheduled to start. Attempts Friday to reach Kettler for comment were unsuccessful.
Thalhimer’s Mark Douglas represented the sellers in the land deal, which consisted of three transactions with different property owners.
Cheatham Family Limited Partnership received $6.26 million for 63 acres at 12700-12900 Hull Street Road; Sheppard and Margie Smith were paid $1.03 million for 10 acres at 4211-4221 Old Hundred Road; and $770,000 went to Henry Coalter for 32 acres at 4225-4231 Old Hundred.
The eight parcels involved were assessed by the county at $6.8 million collectively.
Local attorney Brennen Keene with McGuireWoods represented Kettler in its rezoning and conditional-use permit requests. Firms involved in the project include Midlothian-based Balzer & Associates. Studio39, out of Franconia, is the designer and landscape architect.
Cloverleigh adds to other development in the works in that area. Across Hull in the Commonwealth Center development, Sina Hospitality is planning a Residence Inn hotel at 5249 Commonwealth Centre Parkway. Nearby, Realty Ventures Group is developing Swift Creek Station, a 230-acre development to include nearly 800 homes. And across 288, HHHunt worked with Ryan Homes on its 480-unit Wescott townhomes.
A massive new development beside Brandermill is set to go forward with the closing of a multimillion-dollar land deal.
An entity tied to development firm Kettler last week spent $8 million to purchase 105 acres in the northwest corner of the Route 288-Hull Street Road interchange, where it’s planning a 400-home project with a restaurant and seven-story hotel.
Called Cloverleigh, the development was approved by county supervisors in December. The residential units will include 165 cluster-style detached home lots and 230 condominiums. The restaurant will total 5,000 square feet and front Hull Street Road along with the hotel.
Thalhimer announced the sale Friday afternoon. The purchase, which involved multiple transactions, was not yet reflected on Chesterfield County property records available online.
The project appears to be the first in the Richmond market for Kettler, a 46-year-old firm based in McLean. The company has developed dozens of multifamily residential communities across the Mid-Atlantic, with most of its portfolio in Northern Virginia, D.C. and Maryland. It also has properties in the Carolinas and Pennsylvania.
Cloverleigh would fill the bulk of the wooded site on the west side of 288 that stretches north from Hull Street Road. It would connect to Old Hundred Road/Charter Colony Parkway and Rose Glen Drive beside Brandermill, and with Market Square Lane closer to Hull.
No access from Hull is planned, according to a conceptual site plan. The project will include intersection improvements at Hull and Old Hundred.
Most of the condos would be clustered closer to Hull, providing a transition between the hotel and restaurant and the detached home lots farther north. Existing wetlands and trees along the northeastern edge of the property would be preserved as greenspace. A pool and bathhouse are planned at the connection with Old Hundred/Charter Colony, among other amenities planned across the site.
Plans filed with the county do not specify price points for the homes or a user for the hotel or restaurant, and it isn’t clear when development, to be done in phases, is scheduled to start. Attempts Friday to reach Kettler for comment were unsuccessful.
Thalhimer’s Mark Douglas represented the sellers in the land deal, which consisted of three transactions with different property owners.
Cheatham Family Limited Partnership received $6.26 million for 63 acres at 12700-12900 Hull Street Road; Sheppard and Margie Smith were paid $1.03 million for 10 acres at 4211-4221 Old Hundred Road; and $770,000 went to Henry Coalter for 32 acres at 4225-4231 Old Hundred.
The eight parcels involved were assessed by the county at $6.8 million collectively.
Local attorney Brennen Keene with McGuireWoods represented Kettler in its rezoning and conditional-use permit requests. Firms involved in the project include Midlothian-based Balzer & Associates. Studio39, out of Franconia, is the designer and landscape architect.
Cloverleigh adds to other development in the works in that area. Across Hull in the Commonwealth Center development, Sina Hospitality is planning a Residence Inn hotel at 5249 Commonwealth Centre Parkway. Nearby, Realty Ventures Group is developing Swift Creek Station, a 230-acre development to include nearly 800 homes. And across 288, HHHunt worked with Ryan Homes on its 480-unit Wescott townhomes.
My congratulations to Mark Douglas for this landmark sale. This was one incredibly difficult property to market having been sandwiched between the development of Brandermill and the construction of 288 creating access issues for decades.Mark found a terrific developer for it. Bob Kettler has been building beautiful communities in Fairfax and Loudoun for 40 years. I first met him in 1978, as a staffer on the NVBA, when he was a newbie home builder. He’s built an incredible company.
To the tune of “The Ants go Marching”
Chesterfield gets more crowded now, hoorah, hoorah,
Chesterfield gets more crowded now, hoorah, hoorah,
Chesterfield cuts more trees down, Kevin Carroll wears his shiny crown,
And the county get more ruined and crowded, time to move, out of here,
BOOM BOOM BOOM
Chesterfield gets more crowded now, hoorah, hoorah….
One word to describe you, NIMBY
Not one mention of how Chesterfield is going to address the horrendous traffic on 360 from 288 to Mosely. So let’s put 400 (minimum) to 800 (likely) MORE cars on the interchange of 288, 360, and 76.
Cause it is being addressed. Powhite extension to Woodbridge (Phase 1) is in design now with Hull St (Phase 2) in pre-design and right-of-way conditions surveys going on. It will be several years but plan is moving forward with regional funding.
https://www.chesterfield.gov/5240/Powhite-Parkway-Extension
The Powhite extension does nothing for what Victoria was talking about. These people need to grocery shop, buy clothes, go out to eat, commute to work, etc. all of which will be on that same strip of Hull St. that everyone else has to travel on. You really think someone in this new development will go up 288, ALL THE WAY down to soon-to-be extended 76, get on 360 in Moseley, and then go back down 360 to get to Publix? Get real, this will 100% increase Hull St traffic and the Powhite Ext does nothing to alleviate that.
You’re right, they likely won’t do that, but I bet more than 400-800 people that would normally drive through this area to get to the Woodbridge area will be using the Powhite Extension and thereby making an overall decrease in traffic in this area.
You mean Woolridge? I might add that your typo is very apropos of the situation, seeing as that’s what this area will look like soon enough. Again, the Powhite Ext will not alleviate the traffic we’re talking about on that section of Hull St. That’s nice they get to avoid Hull if they want to go to Richmond, but it will not cut down on the day-to-day traffic for going to school, grocery stores, etc. in that area of Hull St. The myopia is absolutely unreal
David with the extension and exits at Charter Colony, Woolridge, and Hull Street a LOT of cars that get off at 360 and drive west will use the extension. My thought is even once the development opens the extension should help if not to alleviate traffic to keep it from getting worse. Especially if extension is not tolled. Why would anyone living down Woolridge or going to Amelia or living in Magnolia Green or going to zoo get off on 360 when you can take a free highway to a location further West. I bet even some Woodlake and Hampton… Read more »
What I wonder is, why in the heck are they ending the western end of the extension at a stoplight out of all intersections considered? Really! You couldn’t take the extra distance to end it a little further down with a interchange in order for traffic to move more smoothly down 360 towards Amelia Courthouse. Would have been smarter for a future freeway going down the rest of US 360 too.
And then the extension ends at a stoplight….
*Facepalm*
Come on Chesterfield, you couldn’t put in the extra effort to tie in BOTH sides with interchanges?
This is absolutely ridiculous!!!! Why is Chesterfield not concerned about traffic schools road conditions or the people themselves????? Such an atrocity!
Do you expect developers to not make more housing? because if that’s you expect, you need to prepare for disappointment.
So go vote for a functional bus system instead of complaining about people wanting a place to live.
stop cutting down the the trees you JR jack asses
gotta cut the trees – trees don’t pay property taxes….. ; ((
They do if the trees identify as money trees
This will only increase traffic on Hull Street 360. Plain and simple!!!!
Hull Street is a flat out nightmare to drive.
BoS should be ashamed of themselves. Chesterfield is becoming Fairfax. Our streets and schools are over crowded, but we keep building these compact housing developments to stack as many people as possible in a small space. I hope this blows up in the county’s face one day.
The population is growing, people have to move somewhere. Just curious in your reference to “compact housing developments to stack as many people..”. Would you be OK if they approved 12 story apartments buildings and left 60% green space in between? I am not taking a stand one way or another I just wonder what the solution is? Most people don’t like “sprawl” but those same people for some reason don’t seem to like high density housing either? We either need to maximize housing density or you are going to have one continuous subdivision from Williamsburg to Charlottesville in 50… Read more »
Roger – your naivete is cute, and the fact that you’re simply regurgitating BoS talking points tells me you don’t actually read these zoning cases and you look no further than articles such as this one. People like you remain completely obtuse on the real matters. First off, it isn’t Chesterfield’s responsibility to solve the “housing crisis”. Nobody said everyone has to live here. To your “sprawl v high destiny point”, it’s not an either or. Having high mixed use high density AND sprawl is EXACTLY what the BoS wants. The BoS has a build out plan of the county… Read more »
So you don’t think Property owners should have some sort of say in what they do with the property they own? They should just leave it trees because that’s what you want? How draconian. If you want trees, buy the land and leave it trees. It’s that simple.
Idiotic for Chesterfield to voice concerned about vacancy factor and in-fill in the Courthouse Road / Hull Street area and yet they keep approving development to occur West of 288. Retailers go where the people are Chesterfield.
The people in charge of Chesterfield County have no sense. Not surprised. Glad Colonial Heights is independent of that corrupt county.
Instead of crying “woe is me, they’re cutting down the trees I don’t own,” Put together a coalition and buy the land. Then put it in a conservancy. Then you can have your trees and enjoy them. Otherwise, instead of complaining abotu what property owners want to do with the property they own, Maybe brainstorm up other means of reducing traffic, like an actual functioning mass transit system.
The things that NIMBYs say make it sound like they support communism and are against the free market and private property rights.
Chesterfield keeps floating bonds saying it needs more money for more schools and infrastructure and then approves more and more housing. Perhaps a class or two on Government planning and how to diversify your tax base would be helpful?