550-unit age-restricted development planned in western Chesterfield

crescent group cornerston homes scaled

Cornerstone Homes is planning a large mixed-use development in western Chesterfield that would feature about 550 residential units and commercial space. (Jack Jacobs photo)

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.

hull street cornerstone concept plan 1

A conceptual plan of the Crescent Group project planned for Hull Street Road in western Chesterfield. (Courtesy Chesterfield County)

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.

crescent group cornerston homes scaled

Cornerstone Homes is planning a large mixed-use development in western Chesterfield that would feature about 550 residential units and commercial space. (Jack Jacobs photo)

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.

hull street cornerstone concept plan 1

A conceptual plan of the Crescent Group project planned for Hull Street Road in western Chesterfield. (Courtesy Chesterfield County)

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.

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Residential Real Estate

Editor's Picks

Subscribe
Notify of
guest

11 Comments
oldest
newest most voted
Inline Feedbacks
View all comments
Ben Bruce
Ben Bruce
1 year ago

Growth is great if infrastructure is in place to support it. Hull Street out toward Amelia cannot accommodate this much new construction with the current access to larger byways.

Jay Emory
Jay Emory
1 year ago
Reply to  Ben Bruce

As a current resident of Moseley I concur. The one great thing about age-restricted developments, however, is that there is no impact on local schools for the most part. There is also much less impact on roads/traffic as the residents age. Still, that Powhite extension cannot come soon enough.

Michael Boyer
Michael Boyer
1 year ago

Chesterfield should consider frontage roads through that area.

Zach Rugar
Zach Rugar
1 year ago
Reply to  Michael Boyer

Wish they would continue the future Powhite extension along US360 down to South Boston as a full fledged freeway.

CM Reynolds
CM Reynolds
1 year ago

Let’s see if Kevin Carroll keeps with the promise in his mailer to “keep Matoaca rural” by voting this down

Jay Emory
Jay Emory
1 year ago
Reply to  CM Reynolds

Even rural communities should be exploring ways to allow their aging populations to age in place. Many older citizens who spend their entire lives in rural areas likely do not want to have to relocate to a “bustling” suburb. Why not provide a place for them to age gracefully and in a small community? There’s obviously a stark difference between a 1,000-home development targeting young families and a 55-and-older community. We are quickly approaching the largest geriatric generation this country has ever seen and we need to identify solutions now.

Jay Emory
Jay Emory
1 year ago
Reply to  Jay Emory

No response, just a downvote. Seems about right in 2023.

Ryan Young
Ryan Young
1 year ago
Reply to  Jay Emory

My only question is what will happen with these places once the Baby Boomers are no longer living. Gen X has been referred to as “the baby bust.” On top of that, I don’t really see a lot of Gen Xers moving into these places, but I could be wrong. I highly doubt anyone in their fifties is jumping to live there.

Rick Byers
Rick Byers
1 year ago
Reply to  Ryan Young

Being in the aging marketplace business and the tail end of the baby boomers personally, there is a good 30 more years in the baby boomer sector. 55 and older was just what the government classified as a starting age to legally discriminate in housing development. Very few do move into age restricted/ targeted developments in their 50’s. But the gen X’s will age and transition to these developments during the next 30 years. Many will also be marketable to permanently disabled as these homes typically are very accessible.

Ryan Young
Ryan Young
11 months ago
Reply to  Rick Byers

I didn’t think about the disabled resident angle. That makes sense.

Bruce Milam
Bruce Milam
1 year ago

Lots of customers for Wit Brewing!