RICHMOND, VA (September 2021) – Parkway Crossings of Chesterfield and Parkway Crossings of Richmond have just entered the market for sale. The properties are exclusively represented by Larry Agnew, Austin Newman, SIOR and Nathan Shor of S.L. Nusbaum Realty Co., who will provide disposition services for the seller.
Both properties are located in the amenity-rich and densely populated Bon Air submarket and ready for development.
Parkway Crossings of Chesterfield is the largest, privately-owned, zoned parcel closest to Downtown Richmond and comprised of 166.44 acres and positioned at the intersection of Powhite Parkway (VA-76) and Chippenham Parkway (VA-150), just an 8 minute drive from the CBD Market. The site has been zoned with full entitlements to accommodate a combination of over a million square feet of office, retail and hospitality space, as well as multifamily.
Parkway Crossings of Richmond is the largest available, privately-owned parcel that remains undeveloped in the City of Richmond. The site offers 82.5 acres and lends itself to a variety of uses including, but not limited to, assisted and independent living facilities and multifamily.
These parcels are adjacent to major arterial thoroughfares, bisected by Chippenham Parkway and Powhite Parkway (I-195).
“This property has long been a key gateway into Chesterfield County and the commuting patterns and powerful demographics suggest this property is well-suited for development. We look forward to helping market this property as a potential location for a high-end mixed use opportunity that will drive economic development along this key regional corridor.”, said Garrett Hart, Director, Chesterfield Economic Development.
Take an aerial video tour of the property by clicking HERE.
With over 115 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping centers, apartment communities, office, industrial and investment properties throughout the Mid-Atlantic and Southeast.