Mixed-Use Plan Has a British Accent
- Jul 01, 2015
A local partnership plans to build an English village-style development that could bring more than 500 residential units and a grocery-anchored shopping center to Mechanicsville.
Richmond BizSense reported that Edge Development Partners cleared the first hurdle last week when the Hanover County Planning Commission endorsed the project, known as Caldwell Park. The next milestone comes July 22, when the county Board of Supervisors is scheduled to consider rezoning the site.
Edge Development has not disclosed the project’s cost, but says that it plans a phased buildout that will include 115 single-family lots, 131 townhomes, 286 apartments and 200,000 square feet of commercial space.
Jesse Clark, a co-managing partner with Edge Development, told Richmond BizSense, that the project will also include transportation improvements, the installation of more than 3,800 feet of sewer line extensions and 4,000 feet of water line extensions. Single-family homes will be at least 1,600 square feet in size, not counting garages, and prices will range from the low $300,000s to the $500,000s.
According to Clark, if the Board of Supervisors approves the rezoning this month, construction could start in six to 12 months. The projected completion date for Caldwell Park is 2021.
Images courtesy of Edge Development Partners.