Work Starts Soon on Goochland County’s First Multifamily Property
- Oct 10, 2012
Goochland County, Va.—Construction is slated to begin in December on the first phase of the Retreat at West Creek Community, a 254-unit apartment property in “The Notch” portion of the West Creek Business Park in Goochland County, Va. Kassinger Development and Richardson Properties are the developers.
West Creek Business Park is home to offices of a number of businesses and organizations, including Capital One, CarMax, the Virginia Farm Bureau, Hospital Corporation of America and the Federal Reserve Bank of Richmond. Plans for “The Notch” at West Creek call for a 230-acre mixed-use development, with medical offices, retail, hospitality and multifamily properties; the Retreat will be the first of its developments.
The property will offer one- and two-bedroom units, featuring such common amenities as a cabana with an outdoor kitchen, pool, fitness center, walking trails, pet park, and car care center. As a special feature of the Retreat, it will offer kayaks and canoes for residents’ use on nearby Tuckahoe Creek, as well as bicycles.
Goochland County is a growing area in metro Richmond-Petersburg, Va. Between 2000 and 2010, according to the Census Bureau, the county’s population grew 28.8 percent, from 16,863 to 21,717. The Retreat will be the county’s first multifamily development.
Kassinger Development Group is based in Sullivan’s Island, S.C., and focuses on upscale apartment development in the Southeastern United States. Greensboro, NC-based Richardson Properties is a private real estate investment company. Kassinger and Richardson have partnered recently to develop other properties, such as in Asheville, N.C., citing the strong demand for apartments in many markets.