261-unit residential project near Chester on Chesterfield planning agenda
The Chesterfield County Planning Commission is slated Tuesday to consider a 261-unit residential project on East Hundred Road.
Emerson Cos. is seeking zoning approval to build the development, dubbed Enon Corner, to the east of Chester. The project would have 141 townhomes, 120 apartments and feature two pickleball courts, a playground and a walking path as amenities.
The nearly 30-acre project site is at 2020 Burgess Road, 1800 East Hundred Road and other parcels.
Emerson wants to rezone the land to Residential Townhome (R-TH) with a conditional use planned development to allow exceptions such as a request to allow a multi-family tract and remove a requirement to build a sidewalk on two arterial roadways, per a staff report.
Staff recommends denial because the project’s proposed density of 8.71 dwelling units per acre exceeds the county comprehensive plan’s recommendation of 8 units per acre for the majority of the project site.
The commission is expected to vote on whether to recommend approval to the Board of Supervisors, which will render a final decision on the zoning request at a later date.
The full meeting agenda can be found here.
Reynolds Crossing rezoning advances in Henrico; 130-home subdivision deferred
At its meeting last week, the Henrico County Planning Commission recommended approval of Reynolds Development’s plan to reinvent parts of its Reynolds Crossing complex at the corner of West Broad Street and Forest Avenue. Plans call for about a half-dozen new buildings to reach as high as 10 or 12 stories and over 1,200 dwelling units.
The rezoning request now goes to the Board of Supervisors for a final vote.
The commission deferred for a second time a request from GEM Capital LLC, an entity tied to local developer Ned Massie, for a 130-home subdivision on 66 acres at 1830 N. Washington St., northwest of the Airport Drive-Interstate 295 interchange near Highland Springs. The request was deferred to the commission’s Nov. 14 meeting.
Henrico reports $1.9B in tourist spending in 2023
Visitors to Henrico spent nearly $1.9 billion in the county in 2023, the highest of any locality in Central Virginia and the fifth highest in Virginia, according to an annual study for Virginia Tourism Corp. reported by the county.
Direct spending on lodging, meals and transportation in the county jumped by 9.2% from 2022, compared to a statewide increase of 9.8% that resulted in over $33 billion in visitor spending across Virginia.
In 2023, Henrico hosted 71 nonlocal tournaments that generated nearly $72.4 million in local economic activity, according to the Henrico Sports & Entertainment Authority.
The county expects its sports tourism program to continue to grow with the Henrico Sports & Events Center, which opened last October, and other new and enhanced facilities including the Pouncey Tract Park pickleball complex set to open next month, the newly acquired Scott Road Outdoor Athletic Complex and a second phase of improvements to Glover Park, among others.
Among localities, Henrico’s visitor spending in 2023 followed the totals for Loudoun, Arlington and Fairfax counties and the city of Virginia Beach, according to the Virginia Tourism study. Tourism in Henrico supported nearly 10,500 jobs with a combined payroll income of $610 million in 2023 and generated tax receipts of more than $81 million for the county and $45 million for the state.
Hanover maintains Triple AAA bond rating
Hanover County announced last week that it again secured a Triple AAA from the three major credit-rating agencies.
Moody’s Investors Service, Fitch Group and Standard & Poor’s all gave their highest marks to Hanover, allowing the county to borrow money at low rates and save on interest costs.
“We are proud of our County’s Triple-AAA ratings, which reflect our careful stewardship of taxpayer dollars,” County Administrator John Budesky said in a prepared statement. “These savings on capital expenditures are a direct result of our commitment to sound financial management.”
The agencies said Hanover’s amount of reserves, level of debt and population growth contributed to the ratings, according to the county release.
The ratings come ahead of Hanover’s plans to issue $83.8 million in general obligation bonds next week to finance the construction of replacement schools for Beaverdam and Washington-Henry elementary schools in addition to other capital projects for the school division, according to a county news release.
Hanover first got a Triple AAA in 2010.
261-unit residential project near Chester on Chesterfield planning agenda
The Chesterfield County Planning Commission is slated Tuesday to consider a 261-unit residential project on East Hundred Road.
Emerson Cos. is seeking zoning approval to build the development, dubbed Enon Corner, to the east of Chester. The project would have 141 townhomes, 120 apartments and feature two pickleball courts, a playground and a walking path as amenities.
The nearly 30-acre project site is at 2020 Burgess Road, 1800 East Hundred Road and other parcels.
Emerson wants to rezone the land to Residential Townhome (R-TH) with a conditional use planned development to allow exceptions such as a request to allow a multi-family tract and remove a requirement to build a sidewalk on two arterial roadways, per a staff report.
Staff recommends denial because the project’s proposed density of 8.71 dwelling units per acre exceeds the county comprehensive plan’s recommendation of 8 units per acre for the majority of the project site.
The commission is expected to vote on whether to recommend approval to the Board of Supervisors, which will render a final decision on the zoning request at a later date.
The full meeting agenda can be found here.
Reynolds Crossing rezoning advances in Henrico; 130-home subdivision deferred
At its meeting last week, the Henrico County Planning Commission recommended approval of Reynolds Development’s plan to reinvent parts of its Reynolds Crossing complex at the corner of West Broad Street and Forest Avenue. Plans call for about a half-dozen new buildings to reach as high as 10 or 12 stories and over 1,200 dwelling units.
The rezoning request now goes to the Board of Supervisors for a final vote.
The commission deferred for a second time a request from GEM Capital LLC, an entity tied to local developer Ned Massie, for a 130-home subdivision on 66 acres at 1830 N. Washington St., northwest of the Airport Drive-Interstate 295 interchange near Highland Springs. The request was deferred to the commission’s Nov. 14 meeting.
Henrico reports $1.9B in tourist spending in 2023
Visitors to Henrico spent nearly $1.9 billion in the county in 2023, the highest of any locality in Central Virginia and the fifth highest in Virginia, according to an annual study for Virginia Tourism Corp. reported by the county.
Direct spending on lodging, meals and transportation in the county jumped by 9.2% from 2022, compared to a statewide increase of 9.8% that resulted in over $33 billion in visitor spending across Virginia.
In 2023, Henrico hosted 71 nonlocal tournaments that generated nearly $72.4 million in local economic activity, according to the Henrico Sports & Entertainment Authority.
The county expects its sports tourism program to continue to grow with the Henrico Sports & Events Center, which opened last October, and other new and enhanced facilities including the Pouncey Tract Park pickleball complex set to open next month, the newly acquired Scott Road Outdoor Athletic Complex and a second phase of improvements to Glover Park, among others.
Among localities, Henrico’s visitor spending in 2023 followed the totals for Loudoun, Arlington and Fairfax counties and the city of Virginia Beach, according to the Virginia Tourism study. Tourism in Henrico supported nearly 10,500 jobs with a combined payroll income of $610 million in 2023 and generated tax receipts of more than $81 million for the county and $45 million for the state.
Hanover maintains Triple AAA bond rating
Hanover County announced last week that it again secured a Triple AAA from the three major credit-rating agencies.
Moody’s Investors Service, Fitch Group and Standard & Poor’s all gave their highest marks to Hanover, allowing the county to borrow money at low rates and save on interest costs.
“We are proud of our County’s Triple-AAA ratings, which reflect our careful stewardship of taxpayer dollars,” County Administrator John Budesky said in a prepared statement. “These savings on capital expenditures are a direct result of our commitment to sound financial management.”
The agencies said Hanover’s amount of reserves, level of debt and population growth contributed to the ratings, according to the county release.
The ratings come ahead of Hanover’s plans to issue $83.8 million in general obligation bonds next week to finance the construction of replacement schools for Beaverdam and Washington-Henry elementary schools in addition to other capital projects for the school division, according to a county news release.
Hanover first got a Triple AAA in 2010.