Chesterfield Towne Center gets massive new neighbor
CHESTERFIELD COUNTY, Va. (RichmondBizSense.com) – Construction is underway on a Chesterfield mall’s massive new neighbor.
Norfolk-based Kotarides Development has started work at the Belmont at Chesterfield Towne Center, a 17-building, 368-unit apartment complex just north of the shopping mall. The company’s project manager Jim Marquette said costs for the complex are expected to top $30 million.
The Belmont will be the first Richmond area development for Kotarides, which manages properties in the Virginia Beach area as well as Raleigh and Durham, N.C.