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Chesterfield Towne Center gets massive new neighbor

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Site work is underway for the Belmont at Chesterfield Towne Center. (Photo by Burl Rolett)Site work is underway for the Belmont at Chesterfield Towne Center. (Photo by Burl Rolett)

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.

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