A local developer is looking to add about 550 new residential units in western Chesterfield, all of which would be age-restricted.
The Crescent Group, the development arm of Henrico-based Cornerstone Homes, recently filed a rezoning application seeking to build 328 townhomes and about 225 apartments, as well as commercial buildings, on 116 acres just west of Magnolia Green Golf Club.
The project would rise on two parcels at 18200 and 18400 Hull Street Road.
Targeted to residents who are age 55 and older, the project would house about 200 apartments in a four-story building and additional multifamily units described as “detached cottages,” according to county records.
Cornerstone would be tasked with construction of about 160 townhome units, while Main Street Homes appears to have been tapped to handle the other townhomes, according to a conceptual plan.
Plans also show four commercial buildings on about 7 acres fronting Hull Street Road. The commercial buildings would range in size from 7,700 to 23,200 square feet and would be devoted to retail and office space.
The project is planned to also include a pool and clubhouse.
The concept plan shows three vehicular access points to the development from Hull Street Road, as well as an entrance that would connect to the Magnolia Green development next door.
The land at 18200 Hull Street Road is currently owned by David and Jacalyn Atkinson, and the parcel at 18400 Hull Street Road is owned by Taylor Tract LLC, according to online land records. The properties are largely undeveloped and wooded, and a home sits on each parcel.
The project site has been assessed at about $800,000, according to online land records.
It’s unclear whether Crescent Group is under contract to purchase the parcels. The company’s president, Mike Lang, who is listed as the application’s contact, declined to comment for this article.
The land is currently zoned for agricultural use. The project is seeking to reclassify portions of the site to commercial (C-3) and residential (R-MF and R-TH). County staff received the project application in mid-November.
The Chesterfield Board of Supervisors would have to approve the project. The board’s consideration would follow a review by the Planning Commission.
Cornerstone’s other projects include Villas of Ashlake, The Grove at Lucks Lane and Chickahominy Falls.