Walmart unveils plan for new Chesterfield store
CHESTERFIELD COUNTY, Va. — A forthcoming Chesterfield development has bagged its grocery anchor.
Walmart Neighborhood Market announced plans Wednesday for a new store at Watermark Town Center off of Iron Bridge Road. That makes at least four of the grocery-centric Walmart stores planned for the Richmond market and marks the first tenant for the mixed-use portion of the 400-acre Watermark project.
David Cloak of Watermark developer TerraForge Communities said the 110-acre Watermark Town Center will eventually hold 740 residential units and 220,000 square feet of commercial space.
Denver-based MVG Development is building the Walmart Neighborhood Market. The company bought 5.6 acres for the store from TerraForge for $2 million in August, county records show. MVG is also building a Neighborhood Market on Brook Road in Henrico County.
Construction is underway at the site, Cloak said, and Walmart expects to open next summer. The grocery store will also include an onsite fuel center.