Chesterfield looking at $20 million purchase of riverfront property, searching shopping mall

CHESTERFIELD, Va. (WRIC) — The Chesterfield County Board of Supervisors will keep a community listening to to contemplate the transfer of $20 million to the Chesterfield Economic Improvement Authority. The income will be utilized to finance the obtain of two properties: Spring Rock Inexperienced, a mixed-use industrial progress on Midlothian Turnpike, and Adaline Acres, a wedding ceremony location on the James River near Dutch Gap.

The acquire was proposed by Chesterfield County in July, and would see the county leading redevelopment of the dilapidated Spring Rock Green purchasing mall and granting public accessibility to the James River by the wedding day location at Adaline Acres.

The price tag tag incorporates $16 million to purchase the Spring Rock Environmentally friendly site, $6 million higher than the assessed price of the internet site according to Chesterfield’s have information.

The Chesterfield Board of Supervisors will acknowledge general public comment on the proposal at it is meeting on Aug. 25. The meeting will be held at 6:00 p.m. in the Chesterfield County Public Conference Space at 10001 Iron Bridge Street.