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Friday, October 28, 2011

Stonebridge Development Starts in Chesterfield

Chesterfield County and Crosland Southeast Break Ground on Kroger Marketplace at Stonebridge

Development to provide economic boost and restore former shopping destination to region’s gateway

Chesterfield County, Crosland Southeast and The Kroger Co. broke ground on Tuesday at Chesterfield County’s newest mixed and multi-use development, Stonebridge, which will occupy the site of the former Cloverleaf Mall, just outside the Richmond city limits.

A joint venture between Crosland Southeast and the Hutensky Capital Partners, Stonebridge is being celebrated as a significant advancement in revitalizing one of the region’s popular gateways to Chesterfield County, which borders the city of Richmond on the eastern corridor of Midlothian Turnpike.  

“For years now, we’ve envisioned the next stage in the life cycle of this property and today we embark on that vision,” said Tom Jacobson, Chesterfield’s director of revitalization. “Stonebridge will honor the rich history of Cloverleaf Mall by returning a rich and thriving shopping experience to the community and the region. It’s revitalization at its finest – bringing new life to an old space, and the community supports the decision.”

The first phase of Stonebridge includes the construction of nearly 144,000 square feet of retail space – most notably, the 123,600 square-foot grocery anchor, Kroger Marketplace. This first-of-its-kind store in the Kroger Mid-Atlantic region offers shoppers an experience that combines a top-quality grocery store with 30,000 square feet of non-grocery, home store offerings ranging from furniture to home d├ęcor. The remaining square footage of the first phase of development will be constructed for smaller retail shops and restaurants. 

When complete, this Kroger store will employ nearly 250 people. The Kroger Marketplace will be the region’s largest store in size, the Kroger Company’s largest single-store investment in the company’s history and home to the largest Kroger Fuel Center in the region, with nine fuel pumps. 

“Seeing the enthusiasm behind the project confirms and validates our decision to anchor Stonebridge with the Kroger Marketplace,” said Jay Cummins, president of Kroger's Mid-Atlantic division. “It’s an incredible feeling when a company’s enthusiasm is matched by the community’s – and that’s what we’re seeing at Stonebridge with the new Kroger Marketplace.”

Still in the planning phases, Crosland Southeast plans to commence on Phase II of Stonebridge in mid-2012. This next phase is projected to include 175,000 square feet of retail space plus approximately 350 multi-family residences.  

“From the onset, it has been our goal to build a place that restores a sense of community and has the potential to make a positive impact on the region as a whole,” said James Downs, Crosland Southeast partner. “Chesterfield County saw great opportunity in investing in this property and we are working to make that vision a reality.”

Cloverleaf Mall, which opened in 1972 with Sears, JC Penney and Thalhimers as its anchors, is at the intersection of Midlothian Turnpike and Chippenham Parkway in Chesterfield County, just outside the Richmond city limits. The county purchased the site and adjacent property in 2004 to stimulate private-sector interest in a major redevelopment, to serve as an economic catalyst for the Midlothian Turnpike corridor connecting Richmond to the county.

“Once the premier shopping destination in the region, this enterprise zone is ripe with potential and the community is eager for the enhancements,” said Jacobson. “The time to revamp this gateway has arrived and we’re confident that we have the right partners and anchor in place for Stonebridge to flourish in Chesterfield County and the Greater Richmond Region.”

Stonebridge was designed by Pazdan-Smith, engineered by the Timmons Group and will be constructed by HOAR Construction.

Tuesday, October 25, 2011

“SUCCESS” 2011 Veteran’s Small Business Symposium

The Virginia Gateway Region Economic Development Organization in cooperation with the U.S. Small Business Administration will conduct the “Virginia Gateway Region Veteran’s Day Small Business Procurement Symposium” on November 10, 2011 from 8:30 a.m. to 4:00 p.m. at Virginia State University’s Gateway Dining and Event Center, 2804 Martin Luther King Drive, Petersburg, VA.  You are invited to attend and participate in this important and extremely informative symposium.

This symposium is designed to give all business owners the tools and information needed for government procurement. It will provide you with the knowledge needed to plan and develop your ability to compete successfully for federal contracts and sub-contracts. This symposium provides the kind of information that highly successful companies and individuals know and what truly differentiates them from others. This symposium can improve your probability of success.

Register today at:  Tickets are only $20!!! Space is limited!

Virginia Gateway Region

“SUCCESS” 2011 Veteran’s Small Business Symposium

November 10, 2011
Virginia State University
Gateway Dining and Event Center
2804 Martin Luther King Dr.
Virginia State University
Petersburg, VA 23806

8:30 – 9:00          
Opening Remarks
- Pat Hood, Crater SBDC & Presentation of the Flag                                  
- Welcome Dr. Keith T. Miller, Virginia State University President            
- Renee Chapline, Virginia’s Gateway Region Executive Director        
- Ron White, Congressman J. Randy Forbes District Military Liaison            
- Ron Bew, Small Business Administration District Director                    
- A. John Shoraka, Small Business Administration Regional Administrator

9:00 – 9:10          
Some Thoughts on Achieving SUCCESS in the Federal Marketplace
- John Karafa, Leebcor Services

9:10 – 9:20          

Concurrent Workshops

9:20 – 10:05          
SBA Certification Programs
- Tammy Proffitt – Small Business Administration
Navigating the Federal Acquisition Regulation (FAR) Part 19 Small Business Programs
- Joanne Tompkins – Crater Planning District Commission Procurement Technical Assistance Center

10:05 – 10:15

10:15 – 11:00
Show Me the Money!! “Are your Finances in Order?”
Panel Discussion
- Scott Dailey – SBA Moderator
- Tanner Collins – REDC Community Capital Group
- Bud Yerly – SunTrust
- Dai Barth – Wells Fargo
- Letitia Green – Virginia Active Angel Network
Contracting with the Federal Government
- Richard Rosanelli – Central Virginia Procurement Technical Assistance Center

11:00 – 12:15        
Lunch Speaker
Julien G. Patterson, Chairman OMNIPLEX World Services Corporation

12:15 – 1:00
Joint Ventures and Teaming Arrangements
- W.M. Jordan Company
Leveraging your Advertising Dollars Using Social Media
- Dave Saunders – Madison + Main

1:00 – 4:00

Register today at:  Tickets are only $20!!! Space is limited!

Monday, October 24, 2011

NTS Cuts Ribbon for HQ Expansion in Midlothian

The Chesterfield County Chamber of Commerce held a ribbon cutting event for Networking Technologies & Support, Inc. (NTS) on October 20th.

NTS is expanding its headquarter operations location in Chesterfield County, creating 140 new jobs over the next three years.

NTS is a full service systems integrator providing customers with a single source for a broad range of high-technology products and services. The company has a national service delivery capability and is currently servicing 22 major metropolitan locations in 15 states and the District of Columbia.

Learn more about the NTS expansion project here.

Wednesday, October 12, 2011

Cloverleaf Mall Sale Paves the Way for Mid-Atlantic’s Largest Kroger

Stonebridge Realty Holdings purchased 28.4 acres of the former Cloverleaf Mall site from the Chesterfield County Economic Development Authority for $5.7 million. This transaction will allow the demolition of the Cloverleaf Mall and construction of a flagship Kroger with fuel pumps and additional retail shops. Work on the site is scheduled to begin the week of October 17th.

Dan Gecker, Midlothian District Supervisor stated, "This long awaited project can now begin. Despite difficult economic times, we will now start the revitalization of the Cloverleaf Mall site and the Eastern Midlothian Turnpike corridor."

Kroger plans to open its 123,000 square foot store, the largest in the Mid Atlantic region, as well as an associated fuel station, by November 2012. Stonebridge Realty Holdings will purchase the remaining 54.6 acres of the former Cloverleaf Mall site over the next several years to complete its planned mixed use, retail, office and multi-family residential Stonebridge development.

The Stonebridge project is expected to spur additional investment and renewal in the surrounding area. This revitalization effort was made possible through a working partnership among the County, the Chesterfield County Economic Development Authority, the Chippenham Place Community Development Authority, Stonebridge Realty Holdings and Kroger.

Demolition will include the main mall building as well as the Tire America and movie theater buildings. Firestone and Bank of America will remain open during demolition and construction.