Giuseppe’s Pizza and other tenants have closed at Rockwood Square shopping center ahead of a residential redevelopment of the property. (Jack Jacobs photos)
Stanley Martin Homes has scooped up the rest of the land needed for its residential project to replace an aging shopping center in Chesterfield.
The Reston-based homebuilder paid $8.1 million to purchase the bulk of Rockwood Square shopping center at the corner of Hull Street and Courthouse roads.
It bought the 12.4-acre site from an entity tied to Gary Modjeska of Maryland-based Area Properties LLC last week. Read Goode of Divaris Real Estate, who represented Stanley Martin in the deal, confirmed the sale Monday.
A conceptual plan of the Rockwood Square residential redevelopment project. (BizSense file)
The acreage, comprising five parcels including 10165 Hull Street Road, consists of the center’s main retail strip and parking areas. The center’s outparcels, where companies like Starbucks and McDonald’s have outposts, weren’t part of the deal.
The assemblage that changed hands was most recently assessed at $3.5 million, according to county land records.
The deal gives Stanley Martin full control of the 25-acre overall project site for its future 322-unit residential redevelopment of the property after the company paid $2.5 million for the adjacent Rockwood Golf Park earlier this year.
The development is planned to consist of 236 two-over-two condos and 86 townhomes. Condos are anticipated to come in both 1,600-square-foot and 2,350-square-foot configurations, while townhomes are expected to be around 2,000 square feet. All units at the development are planned to be for sale, and likely start in the low- to mid-$300,000s.
A general contractor hasn’t been selected for the project. Stanley Martin is handling architectural design for the project in-house.
The Rockwood Golf Park has been torn down to make way for a new residential development.
The former golf range has been demolished in preparation for the project and the retail strip will be razed next. Its retail tenants have moved out, including Giuseppe’s Pizza, which is planning to reopen at 10009 Hull Street Road in the nearby Oxbridge Square shopping center in either late December or early January, according to a post on the restaurant’s Facebook page.
Demolition work on the center is expected to start in January or February, according to Stanley Martin Land Acquisition Manager Laura Vaden.
S.B. Cox has been tapped to handle the demolition work.
Stanley Martin rezoned the property to set the stage for the new development last year.
The project is within the Rockwood Special Focus Area, a long-range land-use plan county supervisors OK’d in 2021 to guide redevelopment of the aging shopping centers and surrounding areas at the Hull Street and Courthouse intersection.
Giuseppe’s Pizza and other tenants have closed at Rockwood Square shopping center ahead of a residential redevelopment of the property. (Jack Jacobs photos)
Stanley Martin Homes has scooped up the rest of the land needed for its residential project to replace an aging shopping center in Chesterfield.
The Reston-based homebuilder paid $8.1 million to purchase the bulk of Rockwood Square shopping center at the corner of Hull Street and Courthouse roads.
It bought the 12.4-acre site from an entity tied to Gary Modjeska of Maryland-based Area Properties LLC last week. Read Goode of Divaris Real Estate, who represented Stanley Martin in the deal, confirmed the sale Monday.
A conceptual plan of the Rockwood Square residential redevelopment project. (BizSense file)
The acreage, comprising five parcels including 10165 Hull Street Road, consists of the center’s main retail strip and parking areas. The center’s outparcels, where companies like Starbucks and McDonald’s have outposts, weren’t part of the deal.
The assemblage that changed hands was most recently assessed at $3.5 million, according to county land records.
The deal gives Stanley Martin full control of the 25-acre overall project site for its future 322-unit residential redevelopment of the property after the company paid $2.5 million for the adjacent Rockwood Golf Park earlier this year.
The development is planned to consist of 236 two-over-two condos and 86 townhomes. Condos are anticipated to come in both 1,600-square-foot and 2,350-square-foot configurations, while townhomes are expected to be around 2,000 square feet. All units at the development are planned to be for sale, and likely start in the low- to mid-$300,000s.
A general contractor hasn’t been selected for the project. Stanley Martin is handling architectural design for the project in-house.
The Rockwood Golf Park has been torn down to make way for a new residential development.
The former golf range has been demolished in preparation for the project and the retail strip will be razed next. Its retail tenants have moved out, including Giuseppe’s Pizza, which is planning to reopen at 10009 Hull Street Road in the nearby Oxbridge Square shopping center in either late December or early January, according to a post on the restaurant’s Facebook page.
Demolition work on the center is expected to start in January or February, according to Stanley Martin Land Acquisition Manager Laura Vaden.
S.B. Cox has been tapped to handle the demolition work.
Stanley Martin rezoned the property to set the stage for the new development last year.
The project is within the Rockwood Special Focus Area, a long-range land-use plan county supervisors OK’d in 2021 to guide redevelopment of the aging shopping centers and surrounding areas at the Hull Street and Courthouse intersection.
Another tenant of this shopping center, Terry’s Small Engine Repair, opted to move to 12181 Deerhill Court, in the light industrial park off Warbro Road (between Hull Street RD and Genito RD) in Midlothian.
Thank you for the info. Terry’s is great southside institution.
You’re welcome!
Ironically enough, by eliminating the last five words of the article headline it also gives you another good view on what’s going on in the county: “Deal gives homebuilder control of Chesterfield”
Sigh.
Jesus said that some people can never be happy.
Most of the complainers here acknowledge that more homes need to be built.
Most of the “process/details concerned” people want homes to be relatively affordable and nearby existing infrastructure and further densifying closer in to the urban core, and ideally not done as a greenfield development and “there is too much retail space [in the suburbs]” is a constant complaint.
So, what exactly is the problem this time?
Once again…..where are the new schools to support additional housing??? Why are county supervisors CONTINUING to approve new residential without new schools??? We are already overcrowded and the current new schools won’t make a dent!!!! Ohhh that’s right.. Republicans think they can’t tell developers what to do …and also get huge kickbacks from them. Wake up !
THANK YOU for reminding people that all of the developments will impact schools. 👏
I have lived at Genito and Hull St Rd for 32 years. I have been in the county practically all my life. I feel this area has just exploded since Covid. Where are all these people coming from? Can anyone answer that? Chesterfield has just out sourced affordable housing, so where do those people go? 🤔 I have seen so many people that are homeless living at night under the cover of this shopping center. Why not open a resource center to try and help them. No you would rather build all these $300.000 + homes for people to relocate… Read more »
Probably from across the southern border. Millions per year are flooding across.
What is Chesterfield going to do when it runs out of space for new homes and the related costs, such as schools?
upzone for multifamily
I don’t understand the need for more housing, where I live they just built large unit of apts near thomas dale hs, the Jane’s are still being added on too, another apt complex just next to the Jane’s was approved where the auto auction place and the house im living in was purchased and will have 300 units, townhouses built within next 2 years . Doesn’t make sense
They don’t want homeowners. That’s why all the apartment units are going up. They are pricing a younger generation out of homeownership. Most of us owned a home in our twenties. Now twenty year olds are still living with mom and dad because they are unable to afford living on their own. It happening exactly as planned.
Is it happening? Yes. Is it planned? Don’t be silly.
It’s NIMBYs and zoning reducing supply
because we still have a shortage of housing. The fact that some are being built doesn’t make the shortage disappear. In fact, it can still grow, just a bit more slowly