CHESTERFIELD COUNTY, Va. — Another round of details on a large industrial project planned for Chesterfield County has bubbled to the surface.
An entity tied to soft drink giant PepsiCo has signed on to fill a new 220,000-square-foot distribution facility in the works at 1608 Willis Road by Hampton Roads-based real estate investment firm Armada Hoffler, according to a Feb. 23 SEC filing.
Armada Hoffler named Bottling Group LLC as the tenant for the property. Business listings and SEC filings show that entity is attached to PepsiCo as a manufacturer and distributor of Pepsi-Cola beverages across Virginia and the U.S.
Armada Hoffler also revealed that it closed on the purchase of the 177-acre Willis Road site, paying $2.5 million on Jan. 29. The developer will build the Pepsi bottling facility on 27 of those acres, with the goal of completing construction later this year.