Collins Enterprises Investing $75 Million as Key Developer at Chesterfield Mixed-Use Development

The Chesterfield Economic Development Authority (EDA) announced that Collins Enterprises will develop the initial phase of the residential and commercial properties for the proposed mixed-use development on the site of Spring Rock Green on Midlothian Turnpike.

Collins will be responsible for developing 300 residential units, 27,000 square-feet of commercial space and a secure, enclosed parking facility during the first phase of the project. The total investment from Collins for this portion of the project is approximately $75 million.

“Our vision is to establish a destination community for people to live, work, shop and play. The streets will be walkable and have open spaces weaving throughout the development. People will be drawn to the high quality residential, shopping, restaurants and entertainment that creates an exciting overall experience,” said Art Collins, President of Collins Enterprises.

Collins has been nationally recognized for development projects across the country. They have been involved in scores of successful projects including Palmer Square in New Jersey and Harbor Plaza in Connecticut. Collins has assisted cities redevelop their downtowns, with recent examples being Hudson Park in Yonkers, NY and the Freemason Harbor projects in Norfolk, VA. This mixed-use development project is another opportunity for Collins to partner with the Chesterfield EDA to realize the potential of this underdeveloped gateway property.

“Having a developer with the track record of success as that of Collins Enterprises will ensure that our vision of a vibrant, mixed-use community will be done right,” said Midlothian District Supervisor Leslie Haley. “This project will represent both a gateway for the county and a signature destination place that our residents have been seeking for some time.”

The project is currently going through the land-use approval process with the Chesterfield County Planning Commission and Board of Supervisors. Pending approval from those bodies, construction could begin in the late summer of this year and should be completed in mid-2024.

Collins was initially drawn to the property due to its central location within the region as well as ease of access to the site and potential to connect the highly successful Boulders and Stonebridge developments.

Media Contacts

Arthur Collins
Collins Enterprises
Phone: (203) 541-1301
Email: acollins@collins-llc.com

Garrett Hart
Chesterfield Economic Development
Phone: (804) 318-8550
Email: hartga@chesterfield.gov

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