News Articles

Funds to More Quickly Prepare the Site for Development

Governor Glenn Youngkin announced that the Upper Magnolia development site in Chesterfield has been awarded a $25 million grant under the Virginia Business Ready Sites Program (VBRSP). The Chesterfield grant was the largest of any of the 21 sites receiving funding.

“This announcement provides Chesterfield with a tremendous opportunity to have the Upper Magnolia property ready for a major development opportunity at the earliest possible time,” said Board Chairman Kevin Carroll. “Preparing the site will strengthen the case for state and federal funding of the long awaited Powhite Parkway extension.  Upper Magnolia will be highly attractive to potential projects because we have access to a large highly skilled workforce in the region.” 

The 1,728-acre Upper Magnolia site contains 1,000 acres of contiguous developable property and was re-zoned to I-2 by the Chesterfield Board of Supervisors. The property can be used for computer equipment manufacturing, electronics component & accessory manufacturing, laboratory manufacturing, pharmaceutical products manufacturing, office, research & development and data center development.

The funds from this grant will be used for all on-site engineering work to design an initial pad site, detailed design of offsite infrastructure including the Powhite Parkway and water, sewer & gas improvements to the site.  

 “The leading priority of the Virginia Business Ready Sites Program is to increase our project-ready sites portfolio across the Commonwealth, and this unprecedented site development funding is an important step forward in strengthening Virginia’s infrastructure,” said Governor Glenn Youngkin. “Prepared sites drive economic growth, and we have to move faster to attract new businesses. We are hitting the accelerator to build a best-in-class business environment so the Commonwealth can compete to win, and I have included the necessary additional funding for the VBRSP in my proposed budget.”

The program is administered by the Virginia Economic Development Partnership and is designed to develop sites to enhance Virginia’s infrastructure with more competitive project-ready sites, attract new business, and accelerate expansion in Virginia. 

More information on the VBRSP is available at https://www.vedp.org/vbrsp.

California-based Plenty Unlimited Inc. will create 300 jobs at $300 million campus in Meadowville Technology Park in Chesterfield County Virginia

Plenty LogoGovernor Glenn Youngkin today announced that California-based Plenty Unlimited Inc. will build the world’s largest indoor vertical farming campus, a $300 million investment in Chesterfield County’s Meadowville Technology Park. The company recently secured $400 million in a Series E financing round, the largest investment to date for an indoor farming company.

Plenty has developed the world’s most advanced indoor farm, powered by the company’s more than 200 patent assets, to efficiently and sustainably grow clean, flavorful produce year-round on its more than 30-foot grow towers.

Virginia Governor - Glenn Youngkin

Virginia Governor – Glenn Youngkin

Plenty will complete its Richmond Farm Campus in multiple phases over the next six years, creating more than 300 full-time jobs. The company’s first farm on this site, a dedicated Driscoll’s berry farm to be completed by winter 2023-2024, will be the first to grow indoor, vertically farmed strawberries at scale.

Virginia successfully competed with five other states for the project, which further advances the Commonwealth’s reputation as a leader in the fast-growing industry of Controlled Environment Agriculture.

Meadowville-Aerial-with-Plenty-Site“Plenty’s decision to establish its first major east coast vertical farming campus in Virginia shines a spotlight on the advantages that make the Commonwealth the best location in the nation for companies growing our food safely and sustainably indoors,” said Governor Glenn Youngkin. “This transformational project further bolsters Virginia’s agriculture and technology industries and positions the Commonwealth as a leader in this next generation of agriculture. I am pleased to welcome Plenty to Virginia and look forward to the company’s growth and success in Chesterfield County.”

Plenty Campus Site“Indoor farming is fundamentally changing agribusiness with environmentally and socially responsible farming technologies that make local, sustainable produce available to more communities,” said Secretary of Commerce and Trade Caren Merrick. “Plenty will be able to easily grow and distribute fresh products to thousands of customers from its new campus in Chesterfield County, reinforcing the benefits of Virginia’s strategic location and dedicated workforce. We are proud to welcome Plenty to the Commonwealth and thank the company for further advancing the Controlled Environment Agriculture industry in Virginia.”

Plenty Phase One Site“There will come a day when we look back in disbelief that we would source fresh produce from half a world away, when companies like Plenty are proving that we can grow that same produce right here, year-round, in a way that not only tastes better, but that is also dramatically better for our environment,” said Secretary of Agriculture and Forestry Matthew Lohr. “Technological advancement is what drives the industry of agriculture forward, so I am thrilled Virginia is playing a leading role in the indoor farming revolution that is changing, for the better, where much of our food is coming from.”

Plenty - Berry Farm Render

Plenty – Berry Farm Render

“At Plenty, we’re on a mission to sustainably grow fresh food for everyone, everywhere,” said Plenty CEO Arama Kukutai. “This campus will raise the bar on what indoor vertical farming can deliver. The scale and sophistication of what we’re building here in Virginia will make it possible to economically grow a variety of produce with superior quality and flavor. We look forward to continuing to work in close partnership with the government of Virginia as we endeavor to rewrite the rules of agriculture.”

Plenty CEO Arama Kukutai

Plenty CEO – Arama Kukutai

“Bringing the world’s largest indoor vertical farming facility to Chesterfield is a tremendous success for the county,” said Chesterfield County Board of Supervisors Chairman Chris Winslow. “Indoor vertical farming is a growing and important way to bring fresh, locally grown products to consumers throughout the year and Plenty Unlimited is the national leader in this field. We could not be more pleased to welcome them to Chesterfield.”

Chesterfield County Board of Supervisors Chairman - Chris Winslow

Chesterfield County Board of Supervisors Chairman – Chris Winslow

“We are excited that Plenty has chosen Chesterfield County for their first East Coast facility,” said Felicia Howard, Vice President Economic Development Strategy, Dominion Energy. “Dominion Energy looks forward to providing them the necessary power to successfully reach new markets.”

“It is clear that access to an expanding international trade gateway was key in Plenty Unlimited’s strategic decision to come to Chesterfield County and we look forward to partnering with them as their global gateway,” said Stephen A. Edwards, CEO and executive director of the Virginia Port Authority. “Plenty is building a one-of-a-kind, environmentally conscious vertical farming operation and this company’s sustainability philosophy aligns with The Port of Virginia’s larger goal of becoming completely carbon neutral by 2040. Virginia is the top location for agriculture-related cargo, and we welcome of the news of Plenty’s investment in Virginia.”

Meadowville Technololgy Park Location

Meadowville Technology Park is a premiere, master-planned, publicly owned industrial park located in business-friendly Chesterfield County, Virginia. The park sits at the junction of Interstate 295 and the historic James River. Meadowville Technology Park is one of Virginia’s largest, most innovative and most connected employment centers. Learn more at Meadowville.com

“Innovation, technology, and agriculture go hand-in-hand in Virginia, and we are thrilled that Chesterfield County will soon be home to the world’s largest indoor farming campus,” said Jennifer Wakefield, President and CEO of the Greater Richmond Partnership. “We’re pleased that Plenty is the latest sustainable company to select Greater Richmond to grow their operations.”

“Plenty Unlimited Inc.’s decision to expand in Chesterfield County is welcomed news,” said Congressman A. Donald McEachin. “This sizable investment in our Commonwealth will create hundreds of jobs, bolster our agricultural industry, and increase healthy food production while doing so in an efficient and environmentally friendly way. I am proud that Virginia is helping lead in the indoor farming space, and I look forward to Plenty Unlimited’s success in our Commonwealth.”

“I am beyond proud to hear that Plenty will be making Virginia’s largest vertical farming investment,” said Senator Joseph D. Morrissey. “Not only is Plenty investing $300 million, they will also be bringing 300 much-needed jobs. It is initiatives such as this one that will make Central Virginia, and the Commonwealth as a whole, thrive for generations to come.”

“Access to fresh fruits and vegetables is a key component of healthy and thriving communities, so I am thrilled to welcome Plenty to Meadowville, where they will be leading the way in vertical farming technology right here in the 62nd district,” said Delegate Carrie Coyner. “Families in our community cannot wait to pick up a carton of strawberries in our local grocery stores and have peace of mind knowing they were grown right here in our own backyard and that every time we purchase your products, we are supporting our local economy.”

Plenty - Grow Room

Founded in 2014, Plenty is rewriting the rules of agriculture through its advanced technology platform that can grow fresh produce anywhere in the world, year-round, with peak-season quality and up to 350x more yield per acre than conventional farms. Plenty’s proprietary approach preserves the world’s natural resources, makes healthy produce available to all communities, and creates resilience in our food systems against weather, location, pests, and climate. Plenty operates the largest-of-its-kind indoor plant science research facility in Laramie, Wyoming, and is currently building the world’s most advanced, vertical indoor farm in Compton, California.

Plenty - Robot

The Virginia Economic Development Partnership and the Virginia Department of Agriculture and Consumer Services worked with Chesterfield County, the Greater Richmond Partnership, and Dominion Energy to secure the project for Virginia. Governor Youngkin approved a $2.4 million grant from the Commonwealth’s Opportunity Fund, as well as a $500,000 grant from the Governor’s Agriculture and Forestry Industries Development Fund to assist Chesterfield County in winning this project for Virginia. The company is eligible to receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program, as well as the Major Business Facility Job Tax Credit for new, full-time jobs created.

Support for Plenty’s job creation will be provided through the Virginia Talent Accelerator Program, a workforce initiative created by VEDP in collaboration with the Virginia Community College System and other higher education partners, with funding support from the Governor’s administration and the Virginia General Assembly. Launched in 2019, the program accelerates new facility start-ups through the direct delivery of recruitment and training services that are fully customized to a company’s unique products, processes, equipment, standards, and culture. All program services are provided at no cost to qualified new and expanding companies as an incentive for job creation.

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CONTACT

Chesterfield Economic Development
Contact: Matt McLaren
Email: mclarenm@chesterfield.gov

Nonprofit generic drug company to create 51 new jobs at testing and R&D lab in Meadowville Technology Park to support Petersburg manufacturing operation

Governor Glenn Youngkin today announced that non-profit Civica Inc. (Civica), with the support of the U.S. Economic Development Administration, will invest $27.8 million to establish a new laboratory testing facility at Meadowville Technology Park in Chesterfield County. The company will construct a 55,000-square-foot facility to support Civica’s Petersburg pharmaceutical manufacturing operation through quality testing and development of new products. The project will create 51 new jobs. In addition, it will host a scale-up manufacturing facility operated by Virginia Commonwealth University’s Medicines for All Institute, which will create additional employment.

Civica Announcement“Civica’s investment, supported by the U.S. Economic Development Administration grant, is another transformational step forward in strengthening the advanced pharmaceutical manufacturing hub in the Richmond-Petersburg region and positioning Virginia as a key player in domestic drug manufacturing in America,” said Governor Glenn Youngkin. “Civica is a critical partner in the Commonwealth’s emerging pharmaceutical ecosystem that will ensure access to affordable, lifesaving medications while providing high-quality jobs and an incredible boost to our economy.”

Meadowville Aerial with Civica Site

“Civica’s new laboratory testing facility in Chesterfield County extends the footprint of the rapidly growing pharmaceutical manufacturing cluster in the region and will support the coalition’s long-term vision to serve as the world’s central access point for advanced pharmaceutical manufacturing and R&D,” said Secretary of Commerce and Trade Caren Merrick. “Today we celebrate Virginia’s vital role in addressing the shortage of affordable essential medicines in our nation and the investment in a new facility that will create high-paying jobs and accelerate research and innovation in the industry.”

Civica Announcement BOS

“With this investment, Civica is building on its long-term commitment to patients – and to Virginia,” said Ned McCoy, Civica’s President and Chief Executive Officer. “This lab will support a skilled and highly trained workforce who will ensure Civica’s affordable insulin as well as other essential medicines meet the highest standards.”

Civica Site - Meadowville

“Chesterfield County is thrilled to have Civica’s new laboratory testing facility locate at the Meadowville Technology Park,” said Chesterfield Board of Supervisors Chairman Chris Winslow. “The new facility will play a key role in helping to support the manufacturing and testing of lower-cost generic drugs, which will help bring down costs for our residents.”

“Even prior to Civica’s announcement that they would be placing their headquarters in Petersburg, I was proud of the beneficial products they created. Today, I am ecstatic that they will be investing significantly more in Central Virginia,” said Senator Joseph D. Morrissey. “With their $27.8 million investment, Civica will be a part of Virginia’s much-needed workforce development initiatives. Thank you to Civica for providing Central Virginia, the Commonwealth, and beyond with jobs and necessary, lifesaving pharmaceuticals.”

“I want to welcome Civica to the hardworking manufacturing family in the 62nd district,” said Delegate Carrie E. Coyner. “We are thankful for your corporate commitment of bringing down the cost of medications and specifically to address the accessibility and costs of insulin. Our community is ready to provide the talent and resources for you to reach your goals.”

Civica Concept Plan Meadowville Lane

Civica is a nonprofit generic drug company launched in 2018 to address the problem of chronic generic drug shortages and high drug prices. In January 2021, Civica announced that it will establish a 140,000-square-foot state-of-the-art facility to manufacture sterile injectable drugs in the City of Petersburg. In addition to manufacturing essential medicines hospitals use daily, Civica recently announced plans to manufacture and distribute insulins that, once approved, will be available to people with diabetes at significantly lower prices than insulins currently on the market. Civica’s new laboratory testing facility in Chesterfield County is expected to be operational soon after the Petersburg plant reaches commercial scale in 2024.

Civica Announcement VIPs

The construction of the lab will be supported by an award from the U.S. Economic Development Administration to the Alliance for Building Better Medicine, a coalition that aims to expand essential medicines manufacturing in the Richmond-Petersburg region. Civica will provide matching capital.

The Virginia Economic Development Partnership worked with Chesterfield County to secure the project for Virginia. Governor Youngkin approved a $400,000 grant from the Commonwealth’s Opportunity Fund to assist Chesterfield County with the project.

Support for Civica’s job creation will continue to be provided through the Virginia Talent Accelerator Program, a workforce initiative created by VEDP in collaboration with the Virginia Community College System and other higher education partners, with funding support from the Governor’s administration and the Virginia General Assembly. Launched in 2019, the program accelerates new facility start-ups through the direct delivery of recruitment and training services that are fully customized to a company’s unique products, processes, equipment, standards, and culture. All program services are provided at no cost to qualified new and expanding companies as an incentive for job creation.

Brightpoint Community College has built an innovative new training program for people to gain the qualifications needed to qualify for a high-paying Manufacturing Technician role in Civica’s new Petersburg facility. Applicants interested in the program or any of Civica’s wide range of professional career opportunities can visit www.civicacareers.com.

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About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.

CONTACT

Chesterfield Economic Development
Contact: Matt McLaren
Email: mclarenm@chesterfield.gov

Global toy manufacturer of the iconic and beloved LEGO® brick to invest more than $1 billion in 1.7 million-square-foot precision manufacturing plant creating over 1,760 new jobs

Virginia Governor Glenn Youngkin today announced that the LEGO Group will invest over $1 billion to construct its U.S. manufacturing plant in Chesterfield County. The company will construct a new 1.7 million-square-foot precision manufacturing facility in Meadowville Technology Park, which will create over 1,760 new jobs.

Rendering of the new LEGO Group Facility

Rendering of the LEGO Group Facility in Meadowville Technology Park

“The LEGO Group’s decision to establish its U.S. manufacturing plant in Virginia shines a global spotlight on the advantages that make the Commonwealth the best business location in the nation, and we look forward to a long and successful partnership with this iconic company,” said Governor Glenn Youngkin. “This transformational project will create more than 1,760 jobs and bolster Virginia’s manufacturing industry, which continues its renaissance with major investments by high-caliber corporate partners like the LEGO Group. Thank you to the Senate and House leadership in partnering with our team in this process.”

Rendering of the Entrance to the new LEGO Group Facility

Rendering of the Entrance to the LEGO Group Facility in Meadowville Technology Park

“The LEGO brand is a beloved brand for families across the world, their substantial investment and the creation of over 1,760 new jobs is a tremendous win for Virginia and Chesterfield County,” said Secretary of Commerce and Trade Caren Merrick. “The Commonwealth’s commitment to infrastructure, education, and workforce is paying dividends, and we are confident the company will benefit from these efforts as it ramps up its U.S. manufacturing plant. We are thrilled to welcome the LEGO Group to Virginia and look forward to the company’s growth in the Commonwealth and the U.S.

Rendering of the LEGO Group Facility in Meadowville Technology Park

Rendering of the LEGO Group Facility in Meadowville Technology Park

Niels B. Christiansen, CEO, the LEGO Group, said, “We were impressed with all that Virginia has to offer, from access to a skilled workforce, support for high-quality manufacturers, and great transport links. We appreciate support for our ambition to build a carbon-neutral run facility and construct a solar park and are looking forward to building a great team with support from the Virginia Talent Accelerator Program.”

The LEGO Group Announcement Numbers

“The LEGO Group’s decision to expand its operations with a manufacturing plant in Chesterfield County is a testament to our Commonwealth’s highly skilled, capable workforce and the strength of Virginia’s economy,” said Rep. A. Donald McEachin (VA-04). “This expansion will provide important opportunities for Virginians, creating over 1,700 new jobs in my district and stimulating economic activity in the Greater Richmond area. I look forward to the LEGO Group’s success here in the Commonwealth.”

“I am so pleased to hear that the LEGO Group will be investing a whopping $1 billion to build a new manufacturing plant at the Meadowville Technology Park in Chesterfield, Virginia,” said Senator Joseph Morrissey. “The over 1,760 jobs that will be created will be a breath of fresh air for the residents of Chesterfield and the surrounding localities. Lastly, I would like to personally thank both Governor Youngkin as well as the LEGO Group for making this joint decision to invest in Central Virginia.”

The LEGO Group Site in Meadowville Technology Park

The LEGO Group Site in Meadowville Technology Park

Meadowville Technology Park is a premiere, master-planned, publicly owned industrial park located in business-friendly Chesterfield County, Virginia. The park sits at the junction of Interstate 295 and the historic James River. Meadowville Technology Park is one of Virginia’s largest, most innovative and most connected employment centers. Learn more at Meadowville.com

“I am thrilled to have the LEGO Group join our Meadowville community of businesses and residents, and I am excited for the opportunities the LEGO Group brings for high-quality jobs and economic growth in our area,” said Delegate Carrie Coyner. “We strive to be the best place to live, work, and play, and I couldn’t think of a better company to join us with its mission focused on the power of play and its commitment to over 1,700 new jobs.”

“The LEGO Group not only has one of the most accessible, fun, and engaging products that help our children learn, but also bring values such as caring deeply for their employees, environmental sustainability, and innovation to reach the highest quality in everything they do,” said Chesterfield County Board of Supervisors Chair Chris Winslow. “We look forward to this marvelous addition to our community. The county also has an award-winning public education system, a skilled workforce, and outstanding training programs that will lead to exceptional job opportunities for a large number of our residents. We simply cannot be more excited by this announcement.”

“Everything is indeed awesome about the LEGO Group selecting Greater Richmond—and specifically Chesterfield County—for their newest manufacturing facility,” said Jennifer Wakefield, President + CEO of the Greater Richmond Partnership. “The LEGO Group’s combination of creativity and sustainable business practices is a perfect fit for our region and we’re happy to help them build for tomorrow.”

Location of Meadowville Technology Park in Chesterfield

Location of Meadowville Technology Park in Chesterfield

“The future economic impact of the LEGO Group’s U.S. manufacturing plant in Chesterfield County cannot be overstated, and we are thrilled to welcome this global household brand to Virginia,” said Major Employment and Investment Project Approval Commission Chair Senator Janet Howell. “Today’s announcement demonstrates that the Commonwealth is an ideal launch pad for major international companies entering the United States, and I commend the team that worked to ensure the LEGO Group selected Virginia. The MEI Commission is proud to play a role in this tremendous project that represents the LEGO Group’s newest chapter of growth.”

“We thank the LEGO Group for its major investment and creating more than 1,700 new jobs in Chesterfield County,” said Major Employment and Investment Project Approval Commission Vice Chair Delegate Barry Knight. “The company’s U.S. manufacturing facility will further expand the LEGO Group’s footprint, and I am pleased the MEI Commission could collaborate with our state, regional, and local partners to secure this exceptional win for Virginia.”

The LEGO Group was founded in Billund, Denmark in 1932 by Ole Kirk Kristiansen, its name derived from the two Danish words LEg GOdt, meaning “Play Well.” Today, the LEGO Group remains a family-owned company headquartered in Billund. However, its products are now sold in more than 130 countries worldwide.

 The company’s mission is to inspire and develop the builders of tomorrow through the power of play. The LEGO System in Play, with its foundation in the LEGO bricks, allows children and fans to build and rebuild anything they can imagine. Time included the LEGO Group on the inaugural list of the Top 100 Influential Companies in 2021.

The Virginia Economic Development Partnership worked with Chesterfield County, the Greater Richmond Partnership, and the General Assembly’s Major Employment and Investment Project Approval Commission to secure the project for Virginia. The LEGO Group will be eligible to receive an MEI custom performance grant of $56 million based on an investment of more than $1 billion and the creation of jobs estimated to be in excess of 1,760, as well as site development improvements estimated at up to $19 million, subject to approval by the Virginia General Assembly.

Support for the LEGO Group’s job creation will be provided through the Virginia Talent Accelerator Program, a workforce initiative created by VEDP in collaboration with the Virginia Community College System and other higher education partners, with funding support from the Governor’s administration and the Virginia General Assembly. Launched in 2019, the program accelerates new facility start-ups through the direct delivery of recruitment and training services that are fully customized to a company’s unique products, processes, equipment, standards, and culture. All program services are provided at no cost to qualified new and expanding companies as an incentive for job creation. Interested applicants can visit http://www.LEGOcareersvirginia.com/ and receive notification when job applications officially open in late 2022/early 2023.

 

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CONTACTS

Office of the Governor
Contact: Macaulay Porter
Email: Macaulay.Porter@governor.virginia.gov

Virginia Economic Development Partnership
Contact: Emilee Loope
Email: eloope@vedp.org

The LEGO Group
Contact: Benjamin Hjorth
Email: media@LEGO.com

Chesterfield Economic Development
Contact: Matt McLaren
Email: mclarenm@chesterfield.gov
Contact: Garrett Hart
Email: hartga@chesterfield.gov

 

LEGO Group Site in Meadowville Technology Park

The LEGO Group Site in Meadowville Technology Park

 

Bon Secours opened its new freestanding emergency center in Chester with a ribbon-cutting ceremony on Thursday.

The new emergency center is located off U.S. Route 1 on Moores Lake Road and will officially open to patients on May 25th.

Bon Secours Chester Emergency Center

The Bon Secours—Chester Emergency Center addresses the critical need for emergency care access in a previously underserved area of the community, while strategically looking ahead to meet the continued growth in Chesterfield and beyond.

Joe Wilkins, the president of Bon Secours St. Francis Medical Center spoke about the new emergency center.

“The new Bon Secours Chester Emergency Center is meeting a critical need for residents of the Chester community with increased access to emergency health care services. We are proud to answer the call of our local EMS partners with this new facility and look forward to caring for this community in the days, weeks, and years to come,” Wilkins said. “This facility will help us fill the gap between St. Francis Medical Center and Southside Medical Center providing easier, more convenient access to care for those living in the southern part of our Richmond market.”

Facts about the new facility

  • One story, 24,300 ft.² of new construction, created with input from local EMS for the best location and design
  • $25.6 million investment in the community
  • 11-bed, full-service emergency care for adults and children, from minor injuries to life-threatening concerns
  • Occupational Health Clinic operated by Harness Health Partners
  • State-of-the-art CT imaging to identify dangerous internal conditions like strokes and fractures so fast and effective care can be provided
  • A spacious wide bore MRI with customizable lighting to help reduce stress and claustrophobia
  • State of the art x-ray technology for more accurate diagnostics and care
  • Bone density scanning to help diagnose osteoporosis and support bone strength
  • 3-D mammography for more accurate breast health screening
  • Two ultrasound rooms, one just for women’s imaging
  • Pediatric scoliosis imaging — a first on Southside!

Bon Secours Chester Emergency Center

 

Max Schlatterer GmbH & Co. KG has announced it will establish its first U.S. location in Chesterfield County, Virginia.

Headquartered in Germany, Schlatterer Esband produces and sells drive belts, conveyor belts, special belts, garniture tapes and suction tapes under the “Esband” brand.

Esband offers truly endless, homogeneous flat belts, manufactured without joints or splices, for high performance driving, conveying, and special power transmission applications. Truly endless technology has been shown to consistently outperform conventional, joined flat belt designs.

Esband belts offer extreme design flexibility since they are available in many carcass materials and coatings, and in any width specified. In addition, customers can have belts custom machined with perforations, self-tracking guides, vacuum slots and transport pockets.

Schlatterer Esband will initially be operating a sales and distribution center out of space in the Fi-Tech building at 2400 Pari Way in Midlothian, Virginia.

The company will hire ten workers to begin operations with plans to grow its business in U.S. markets.

Chesterfield County Economic Development worked with the Greater Richmond Partnership and the Virginia Economic Development Partnership to help Schlatterer Esband find the location in Chesterfield County.

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About Chesterfield Economic Development
Chesterfield Economic Development works on a free and confidential basis with domestic and foreign companies planning to establish new facilities, relocate existing facilities, or expand current facilities. The department also assists existing businesses and industries already located in Chesterfield with any business-related issues. CED staff members will assist with site selection requirements, information and research needs, public relations and relocation services, small business issues, or streamlining regulatory processes. For more information visit: www.chesterfieldbusiness.com

Media Contact
Matt McLaren
Chesterfield Economic Development
Email: mclarenm@chesterfield.gov
Tel: 1.804.833.8445

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.

Development Plan

The first phase is expected to be the mixed-used building labeled with the number five.

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.

Leslie_Haley

Midlothian Supervisor, Leslie Haley

“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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Major Natural Gas Pipeline Contractor Expands in Chester

Southeast Connections, LLC, a leading natural gas pipeline contractor, is expanding to Chesterfield County with a new office and equipment yard in Chester, VA. This is the 17th permanent location for Southeast Connections and second in Virginia.

“We are honored and excited to expand our operations footprint to the Richmond area and Chesterfield County,” said Southeast Connections President Kyle Ormsby. “Our work in the community will focus on helping our customers build new infrastructure and replace aging systems, with a focus on environmental responsibility and safety at the forefront.”

The new location is located at 13201-A Ramblewood Drive. It includes a 4,000 square foot warehouse and shop, as well as a large equipment yard. Southeast Connections expects to initially hire more than 35 new employees as part of the expansion, with plans for future growth. Chesterfield County Economic Development (CCED) assisted in finding the location.

“Southeast Connections will be a great addition to the county because they will not only create new jobs for our residents, but they will also provide another component to the many infrastructure projects occurring in the region,” said Tina Shreve, Senior Project Manager, CCED.

Chris Winslow, Chesterfield County Board of Supervisors Chair said, “We are thrilled to welcome a new business to Chesterfield County. We are grateful that Southeast Connections chose the county, and as a result have also added critical services to our community.”

“With these new opportunities, our teams are hard at work as we expand our operations to recruit, onboard and train talented new employees,” said Eric Walters, Virginia Area Manager for Southeast Connections. “At Southeast Connections, we believe in growing careers as we build America’s infrastructure. We are currently hiring for a wide range of roles from operations field positions to back-office support.

To learn more about working for Southeast Connections, contact the recruiting team at recruiting@seconnections.com or 1-888-261-5411 or visit seconnections.com/careers.

Contact: Tina Shreve, Senior Project Manager, Chesterfield County Economic Development, shrevet@chesterfield.gov or 804-318-8564.

BS_St_Francis_Rendering

Bon Secours leaders and associates recently joined together for a “Pop the Top” celebration to mark the kickoff of construction on a vertical expansion of Bon Secours St. Francis Medical Center in Chesterfield County. The nearly 179,000-square-foot renovation and expansion includes the addition of 55 acute care beds, including nine obstetrical beds, four intensive care beds, 42 medical/surgical beds, 10 observation beds and an ancillary services expansion through the renovation of existing hospital space as well as a two-story vertical expansion.

“We are thrilled to mark the official kickoff of construction of our hospital expansion today as we continue our pursuit to better meet the growing health care needs of our patients in Chesterfield County and the surrounding areas,” said Joe Wilkins, president of Bon Secours St. Francis Medical Center. “These additional beds will provide greater capacity and access for our patients and will ultimately enable Bon Secours to continue to provide quality, compassionate care for this growing community now and well into the future.”

Chesterfield County is the fastest-growing county in the Richmond metropolitan area. St. Francis Medical Center is located in the heart of this large area of population growth in Midlothian, and it serves patients in surrounding counties, including Chesterfield, Powhatan, Amelia and Cumberland/Nottoway. St. Francis’ planned expansion is a response to an increased need for inpatient beds from patients for medical, surgical, obstetrical and intensive care, stemming in part from increased complexity of inpatient services and population growth, especially growth in the population of ages 65 and older who require more inpatient care than other age groups. This expansion will help meet a growing need for the community and will increase access to the hospital’s innovative resources, outstanding clinical staff and exceptional patient care.

This project, totaling 178,869 square feet, will involve the renovation of 69,169 square feet of existing space as well as 109,700 square feet of new construction. New construction will include a two-story expansion over the current critical care tower. This expansion will increase the hospital’s capacity to a total of 185 licensed beds and will include the following:

  • Expansion of obstetrical beds from 21 to 30 beds
  • Expansion of intensive care beds from 16 to 20
  • Expansion of NICU from 10 open bays to 11 private rooms and three bays
  • Expansion of medical/surgical services by adding 42 new medical/surgical beds
  • Addition of 10 observation beds which will allow for clinical decision care to be provided on a dedicated unit, reducing the number of observation patients occupying a licensed inpatient bed
  • Expansion of pre-admission testing, which will allow Bon Secours to see additional patients more efficiently before surgery to support improved surgical outcomes
  • Relocation of an open MRI to St. Francis Medical Center’s campus, which will be the only Bon Secours open MRI south of the James River

This $108 million expansion received Certificate of Public Need (COPN) approval in 2019, and construction is expected to be complete in early 2024.

In 2021, Bon Secours broke ground on an 11-bed freestanding emergency department located 19 miles away in Chester that will serve as an extension of St. Francis Medical Center. This will be the fourth freestanding ED operated by Bon Secours in Richmond, which is expected to open later this year.

$17.7 Million Operation Will Create 300 New Jobs

Governor Ralph Northam today announced that Starplast USA, subsidiary of Israeli company Starplast will invest approximately $17.7 million to develop a new manufacturing facility in Chesterfield.

Starplast USA produces a wide range of high-performance plastic products, like plastic housewares, garden storage, and toys. Virginia successfully competed with Ohio and Pennsylvania for the project, which will create 300 new jobs over five years.

“We are so pleased to see global manufacturers like Starplast USA planting their roots right here in Virginia,” said Governor Northam. “Our strategic East Coast location, world-class port facilities, competitive operating costs, and robust manufacturing workforce, make us a prime destination for international companies. We welcome a long partnership with Starplast USA and look forward to their future success.”

Starplast USA was founded in 2005 as a subsidiary of Starplast, based in Israel. Established in 1958, Starplast is a family-owned company with a wealth of experience and a long-standing commitment to superior plastics. The company partners with customers to create a wide range of attractive, high-quality products that include drawer carts, laundry hampers and baskets, storage decorative bins and baskets, food storage, kitchen organization bins, garden deck boxes, and outdoor toys.

Starplast Product Lines

After gaining recognition in Israel for value, quality, and innovation, Starplast entered the global plastics market in the 1970s. Since 1976, over 90% of production has been exported to Europe, North America, Australia, and Japan. Starplast USA established its first manufacturing facility in Houston, Texas in 2018, allowing the company to respond optimally to the needs of major U.S. retailers.

“More than 400 advanced materials companies have chosen Virginia for its diverse ecosystem of suppliers, innovators, and customers and its business friendly climate, and we are excited to have Starplast USA join us here in the Commonwealth,” said Secretary of Commerce and Trade Brian Ball. “Starplast has a strong history in developing quality plastics products, and we thank the company for creating 300 new jobs in Chesterfield County.”

“Starplast chose Chesterfield County for its new manufacturing operation because the geographic location is very attractive, especially given its proximity to the East Coast and the Port of Virginia,” said Starplast Chief Executive Officer Danny Schwartz. “Additionally, Virginia – and in particular the Richmond area – has a strong workforce with readily-available talent.”

Starplast will retrofit an existing building near Meadowville Technology Park.

The Virginia Economic Development Partnership worked with Chesterfield County and the Greater Richmond Partnership to secure the project for Virginia and will support Starplast USA’s job creation through the Virginia Jobs Investment Program, which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, Virginia Jobs and Investment Program reduces the human resource costs of new and expanding companies.

Virginia Jobs and Investment Program is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens. The company is eligible to receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program, as well as benefits from the Major Business Facility Job Tax Credit for new, full-time jobs created.

“We appreciate Starplast choosing Chesterfield for its advanced plastics manufacturing operation,” said Chesterfield County Board of Supervisors Chair Jim Holland. “The unique product line that will be created here in Chesterfield County will not only help grow our local economy, but also show off our community’s stellar workforce capabilities.”

“Greater Richmond welcomes Starplast to the region’s international business community of more than 220 facilities,” said Greater Richmond Partnership President and Chief Executive Officer Jennifer Wakefield. “The company’s facility in Chesterfield – and first in Virginia – will help Starplast reach 45% of the U.S. population within one-day’s delivery.”

“Starplast USA is another example of Virginia’s growing manufacturing base that is taking advantage of The Port of Virginia’s global reach,” said Virginia Port Authority Chief Executive Officer and Executive Director Stephen A. Edwards. “We are preparing to further expand our capacity and are deepening our channels and these investments, combined with others to come, will ensure companies like Starplast USA can always move their cargo across our terminals safely, reliably, and with confidence. We are looking forward to a long and collaborative partnership with Starplast USA.”

“I am proud to support Starplast USA’s decision to select Chesterfield County to build a new manufacturing facility that will provide 300 new jobs and invest $17.7 million into the community,” Senator Joseph Morrissey. “Additionally, I will always support businesses, such as Starplast USA, that strive to produce eco-friendly and sustainable products. I applaud Starplast USA for its selection of Chesterfield County and have no doubt that this project will be successful.”

“I am pleased to welcome Starplast USA to Chesterfield,” said Delegate Carrie Coyner. “With this decision to invest in our community, Starplast acknowledges Chesterfield’s ongoing commitment to deliver quality services to both corporate and individual residents.”

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Shamin Hotels, Inc. is moving forward with a 250-room upscale, full-service hotel and conference center at the Stonebridge Development in Chesterfield county. The Embassy Suites hotel and conference center is increasing in size from original plans and will add new amenities since it was originally announced in July 2019. 

The plan being submitted includes a 25,000- square-foot conference center, a 12,500 square foot ballroom, a 10,000 square-foot indoor/outdoor terrace as well as a resort-style swimming pool with an outdoor bar. The original plan was for a 200-room hotel, 10,000-square-foot conference center and did not include outdoor amenities. 

“We are excited to be moving forward with a best-in-class hotel and conference center in Chesterfield county,” said Neil Amin, Chief Executive Officer of Shamin Hotels, Inc. “In a post-pandemic world, travelers are increasingly searching for outdoor gathering areas and amenities, and we are pleased to incorporate these features in our conference center hotel at Stonebridge. This project comprises the best attributes of all of the full-service hotels we have purchased or developed.”

Shamin Hotels owns 66 hotels in five states and has invested more than $1 billion in Virginia since its first investment in 1979. Shamin is the largest hotel owner in the Commonwealth and one of the 10th largest hotel owners in the country. The Stonebridge development represents an additional $125 million investment in Chesterfield county by Shamin and 150 new employees.  

“The addition of a 25,000-square-foot conference center is a game-changer for Chesterfield,” said County Administrator Joe Casey. “This will be the largest hotel conference center south of the James River and will help us attract larger events and meetings in an upscale environment.”

The project will be located directly across from the newly-announced mixed-use development project on the site of the existing Spring Rock Green Center across Midlothian Turnpike. 

Leslie_Haley

Board of Supervisors Representaive Leslie Haley

“The project builds on the success of Stonebridge and the momentum we are seeing in this part of Midlothian. With the addition of the mixed-use development to the north and enhanced connectivity with the Boulders, this area is quickly becoming one of the most exciting areas in the region,” said Board of Supervisors Representaive Leslie Haley. 

The hotel will also enhance the growing sports tourism market in Chesterfield. The Spring Rock Green redevelopment recently announced that an ice rink and sports entertainment facility will be an important component of that project. Stonebridge includes Richmond Volleyball Club, the largest volleyball facility in the Greater Richmond area, which hosts a number of tournaments throughout the year. 

“The new hotel complements the exciting rise of sports tourism in the region and Chesterfield, including the proximity to the existing volleyball and future hockey facilities,” said Jack Berry, President of Richmond Region Tourism.

A state-of-the-art ice tournament facility will anchor the sports and entertainment venue at the planned Midlothian-Chippenham Gateway development in northeastern Chesterfield County.

The facility will help the Richmond region establish stronger youth hockey and ice-skating programs, strengthen sports tourism by bringing tournaments to the region, and serve as a fun entertainment venue for all residents through open skating and Learn to Skate programs.

Ice hockey

The facility will be the only venue in the Greater Richmond area featuring two NHL-size ice rinks. This is important because two rinks are needed to attract larger youth hockey tournaments to Richmond. Plans will include seating and amenities appropriate to host tournaments and special events, and will put Richmond in the top ranks of venues in the Mid-Atlantic.

The Chesterfield County Economic Development Authority (EDA) is currently finalizing plans with an operator who will manage the facility. The EDA intends for the operator to work cooperatively with other regional ice rink facilities and owners to strengthen regional youth hockey and skating programs and be a more attractive site for youth hockey tournaments, figure skating and other ice related events/competitions and family fun.

Skating

“Richmond Region Tourism is very excited about this new development, which would add to our sports tourism infrastructure. The area needs additional indoor hockey regulation-sized sheets of ice to be attractive to hosting hockey tournaments, figure skating competitions, as well as serving a need for our residents. This is fabulous news!” said Richmond Region Tourism President & CEO Jack Berry.

The location in the new thriving mixed-use community provides opportunities for broader community enjoyment. In addition to being a place residents can skate, the EDA envisions a destination site for people to enjoy with food and entertainment venues.

Chesterfield County has been at the center of the Richmond region’s success developing sports tourism programs. The River City Sportsplex has become one of the East Coast’s most popular venues for youth field hockey, lacrosse and soccer tournaments on the East Coast. The Richmond Volleyball Club’s presence at the neighboring Stonebridge development has also been a major success and hosts a number of state and regional tournaments. Swim RVA includes the pool that was used for the Olympic trials in 2008 and has become a major venue for swim tournaments.

The EDA will release additional details when a final agreement is reached with the operator.

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About Chesterfield Economic Development
Chesterfield Economic Development works on a free and confidential basis with domestic and foreign companies planning to establish new facilities, relocate existing facilities, or expand current facilities. The department also assists existing businesses and industries already located in Chesterfield with any business-related issues. CED staff members will assist with site selection requirements, information and research needs, public relations and relocation services, small business issues, or streamlining regulatory processes. For more information visit: www.chesterfieldbusiness.com

Media Contacts
Matt McLaren
Chesterfield Economic Development
Email: mclarenm@chesterfield.gov
Tel: 1.804.833.8445

Mike Laing
ECI Development Management Services, Inc.
Email: mikelaing@ecidev.com
Tel: 1.804.788.0589 ext103

Building on the success of the adjacent Stonebridge project which was re-developed from the former Cloverleaf Mall, the Chesterfield County Economic Development Authority (EDA) is working with the Board of Supervisors to purchase a property on the northwest corner of Midlothian Turnpike near Chippenham Parkway for a vibrant, new mixed-use development featuring high-quality residential, office, commercial and entertainment venues.

The project will revitalize the area between Stonebridge and the Boulders office park and residential complexes to the west.

At the center of the development will be an open, green plaza/gathering space that will be an ideal location for concerts, farmers market, festivals and public events. The 42-acre site will include abundant green space, walkability and connectivity.

Leslie_Haley

Board of Supervisors Representative, Leslie Haley

“Chesterfield residents are seeking new options to live, work, shop and play in a central location. This proposal gives the county another quality mixed-use development at the eastern gateway to the county, that will serve as a destination for residents and visitors,” said Board of Supervisors Representative Leslie Haley. “The project will create a strong sense of community, integrate attractive greenspaces, and celebrate the area’s unique history, while creating jobs and generating significant tax revenue for the county. The project will also add connectivity to the Boulders,” Haley said.

It’s anticipated that the Board of Supervisors will approve a request to schedule a public hearing August 25th at their regularly scheduled board meeting today to consider funding the $16 million purchase. In addition to the public hearing, there will be other opportunities for public comment as the property goes through the zoning process in the coming months.

The EDA has hired the internationally recognized Cooper Carry architectural firm to assist with design of the site. Cooper Carry has extensive expertise working on projects of this type, and will incorporate best practices from other highly successful projects in their plans.

“Cooper Carry has worked on projects around the world and we immediately recognized the potential for this site,” said Cooper Carry representative Abbey Oklak. “People want fun, activity- oriented destinations, and this has the potential to be a central gathering place for the county.”

The project, which is consistent with the County’s Comprehensive Plan, will be constructed in multiple phases. The first phase will include residential apartments, commercial space, restaurants, an office building, a festival-like common area and a large sports tournament and entertainment venue. The second phase will add townhouses, more commercial space, another office building, entertainment venues, and an expanded central festival square. The EDA is currently working with top level private developers on specific parts of the project and more detailed information will be available prior to the August board meeting.

“As the private development interests in this property are zoned and sold by the EDA, the remaining county investment is for the relocation of a nearby police precinct to a much more visible and accessible location and consolidation of a new school board office to best maximize student space and programs at the Chesterfield Career and Technical Center,” said County Administrator Joe Casey.

The site has excellent transportation access, with close proximity to the Chippenham Parkway. The site is also on the GRTC public transportation route. Plans include constructing a new road access into the Boulders office park, thereby creating a direct connection between these important developments.
The project will include walking and biking trails, abundant greenspace, wide streetscapes and the county’s first structured parking to promote walkability, safety and convenience.

The area near the project offers a rich history, including the Beaufont Spring House, built in 1896, which launched a series of spring water companies and later manufactured carbonated soft drinks, beer and ice throughout the early 1900’s. The area was reimagined again in the 1950’s, when it was transformed into a thriving entertainment, event and recreational space featuring volleyball, basketball, horseshoes, and a dance pavilion. The project will honor this unique history, with easy access to the historic springhouse and revival of the area as a community gathering space.

The current site is home to several commercial entities. The businesses in the outparcels directly along Midlothian Turnpike will not be impacted. For those occupying parts of the project site, there will be a transition period for purposes of relocating the businesses to other locations or potentially in the new development. The Chesterfield Economic Development Department will work with the existing tenants to discuss relocation options.

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Purchase Creates Opportunities for Enhanced Experiences at River City Sportsplex

At its meeting on June 23, 2021, the Chesterfield County Board of Supervisors approved the transfer of $5 million dollars to the Chesterfield County Economic Development Authority (EDA). The funds will be used by the EDA to purchase the former Southside Speedway property at the intersection of Genito Road and Oak Lake Boulevard.

The 47.139-acre property, which consists of three parcels straddling Genito Road, is currently zoned for General Business (C-5) uses. The land purchase is part of a plan to expand the nearby River City Sportsplex and attract complementary uses along that section of Genito Road. The purchase price for the property is $4.5 million.

The strategy is to develop the property to enhance and maximize the experience of visitors and county residents that visit or use River City Sportsplex. 

River City Sportsplex is the leading tourist draw in the region, bringing approximately 120,000 visitors and $56 million dollars in economic impact to the region annually. 

River City Sportsplex’s 12 synthetic turf fields also get considerable daily use by local sports organizations through affiliations with the county’s Parks and Recreation Department.

 “The River City Sportsplex is a vital tourism asset to the region and the county. The purchase of Southside Speedway presents an opportunity to continue to increase the footprint of the Sportsplex while honoring the history of a beloved local institution,” said Clover Hill District Supervisor Chris Winslow. “The closure and sale of the speedway presents a chance to continue to support River City as a tourist destination with the added benefit of spurring additional development in this strategic location in Clover Hill.”

The vision for the property includes a mix of uses that are likely to incorporate public facilities, retail, and services that will be used by visitors to River City Sportsplex as well as residents in the surrounding area. 

The EDA will work with the Planning Department, Parks and Recreation, the Planning Commission, and the Board of Supervisors on developing a master plan for the property. 

The development plan will strive to be complimentary to “The Lake”, a proposed mixed-use project under development directly across Route 288 from River City Sportsplex.

Throughout the planning, zoning, and redevelopment process there will be numerous opportunities for public participation. Chesterfield’s Planning Department has been deliberating on the creation of a Genito Road Small Area Plan, which would include this property in the geographic scope of the plan. This would be one of the earliest opportunities for public input. 

The EDA anticipates this development will be a public-private partnership that will increase the tax base and create jobs. The EDA expects to sell or lease portions of the property to private sector companies, similar to the process used for the successful redevelopment of the former Cloverleaf Mall, now known as Stonebridge.

“The EDA looks forward to the opportunity to work with the Board of Supervisors, the county, and the community to develop this property to its full potential, supporting new taxes and new jobs while continuing to position River City Sportsplex as a top sports tourism destination,” said John Cogbill, Chairman of the Chesterfield Economic Development Authority.

In addition to the purchase of Southside Speedway, the EDA has negotiated a letter of interest with the owners of Chesterfield Auto Parts to redevelop that site as part of the master plan development.

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Campus includes LEED Gold Certified 250,000 Square Foot Building Featuring Up to 25 Megawatts of IT Load Capacity, immediately available for deployments

Digital Fortress a multi-tenant and wholesale data center provider with 10 facilities throughout the US, announces the immediate availability of hyperscale-ready space in its Chesterfield County, Virginia data center.

The LEED Gold Certified facility is the company’s latest Tier III data center facility, featuring a 250,000 SF building located in the network convergence capital of the US. The facility features day one availability of 18,270 SF raised floor hot/cold aisle design data center space with 4.1 MW of IT load, with an additional 200,000 SF shell core expansion space supporting up to 25 MW of power, deployable in just twenty-weeks.

Recently acquired adjacent land in Meadowville Technology Park supports multiple purpose-built data centers totaling up to 100 MW of power available on site, enabling ongoing scalability and growth.

With immediate space available, Digital Fortress Richmond features Tier III data center design with N+1 concurrently maintainable UPS and fully distributed redundant and uninterruptible power supply. Located in Meadowville Technology Park, equi-distant from Ashburn, VA and Virginia Beach cable landing stations, Digital Fortress Richmond provides connectivity with a newly constructed east/west, fully diverse multi-duct fiber system just 4ms of one-way latency to major connectivity hubs.

“We are excited to offer Digital Fortress’ industry-leading data center solutions at an entirely new scale in the burgeoning Richmond, Virginia market,” comments Juan Saca, CEO of Digital Fortress. “This state-of-the-art, highly sustainable facility is the epitome of data center design, capable of supporting hyperscale demand with scalable capabilities from day-one.”

Jim Holland, Chairman of the Chesterfield County Board of Supervisors

“Digital Fortress offers businesses the opportunity to support their digital and compute infrastructure needs with an impressive and ready-to-go facility including Class A office space supporting up to 120 employees,” adds Jim Holland, Chairman of the Chesterfield County Board of Supervisors. “We welcome Digital Fortress and look forward to the positive impact to our growing data center services market and opportunities for businesses to access industry- leading services to aid in their digital transformation.”

Today, Digital Fortress operates ten data center and colocation facilities in Chicago, Denver, Lynwood, Piscataway, Portland, Richmond, and Seattle. Digital Fortress Richmond’s LEED Gold Certified Tier III data center provides feature-rich capabilities to support enterprise and hyperscale business needs with availability immediately.

Virtual tours of the Digital Fortress Richmond, VA facility are available. For more information about Digital Fortress visit: www.digital-fortress.com.

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About Digital Fortress
Digital Fortress is a fast-growing multi-tenant and wholesale data center provider offering colocation, network, and cloud access services to large and mid-size enterprises. Since 1994, the company has expanded its nationwide footprint through both organic and inorganic strategies now operating nine SSAE SOC 1 and II, PCI, and HIPPA compliant facilities in Seattle, Portland, Denver, Chicago and New Jersey. In 2021, the company acquired a wholesale data center in Richmond, VA offering N+1 concurrently maintainable configurations with up to 25MW of expansion capabilities. All Digital Fortress facilities are carrier-neutral with 24/7 on-site support. For more information visit: www.digital-fortress.com.

Media Contact
Taylor Terlizzi
iMiller Public Relations
Email: dfortress@imillerpr.com
Tel: 1.914.315.6424

About Chesterfield Economic Development
Chesterfield Economic Development works on a free and confidential basis with domestic and foreign companies planning to establish new facilities, relocate existing facilities, or expand current facilities. The department also assists existing businesses and industries already located in Chesterfield with any business-related issues. CED staff members will assist with site selection requirements, information and research needs, public relations and relocation services, small business issues, or streamlining regulatory processes. For more information visit: www.chesterfieldbusiness.com

Media Contact
Matt McLaren
Chesterfield Economic Development
Email: mclarenm@chesterfield.gov
Tel: 1.804.833.8445

Online auto retailer plans to build a 191,000-square-foot vehicle inspection and reconditioning center, projecting over 400 new jobs

Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, plans to invest $25 million to establish a new 191,000-square-foot vehicle inspection and reconditioning facility in Chesterfield County with the potential to create over 400 new jobs.

Carvana inspection center in Phoenix

Carvana previously announced the project locating in Chesterfield, but during the COVID-19 pandemic the company paused the project. Due to sustained growth, the company engaged in another nation-wide site search and once again selected their original project location. Carvana intends to break ground on construction this quarter with a scheduled spring 2022 completion. 

Carvana, the fastest-growing auto retailer in the U.S., allows customers to shop more than 20,000 vehicles on Carvana.com, finance, purchase, then select as-soon-as-next-day delivery or Car Vending Machine pickup. Carvana vehicles are inspected, reconditioned and photographed in 360-degrees at its inspection centers, like the one planned in Chesterfield County, so customers get a detailed, high-definition virtual tour of every vehicle. Additionally, every vehicle comes with a 7-day return policy, so the customer can live with their vehicle for a week and ensure it fits their life.

“Carvana has been growing extremely rapidly over the last several years, and we are working to bring The New Way to Buy a Car® to even more customers all the time,” said Carvana Vice President of Inventory Strategy Brian Boyd. “As part of our efforts to scale the business, we’re looking forward to working with Chesterfield County to open a vehicle inspection and reconditioning center and becoming a member of the community.”

“Chesterfield has long worked to attract globally-recognized businesses, and Carvana will be a strong addition to our corporate roster,” said Chesterfield County Board Chair Jim Holland. “Carvana’s new facility in Chesterfield County will provide access to strategic logistics connections, along with a well-trained, business-ready labor force to support Carvana’s continued development.”

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Contact:
Matt McLaren
Chesterfield County Economic Development
804-318-8550
mclarenm@chesterfield.gov

Company Investing $9 Million in 56,000 Square Foot Expansion Creating Up to 50 New Jobs

Super Radiator Coils is expanding its footprint and adding jobs at its current manufacturing facility located at 451 Southlake Boulevard in northern Chesterfield County. Super Radiator Coils (SRC) is a specialty coil manufacturer for industries such as power generation, the military, data center cooling, food processing and many more.

The 56,000 square foot expansion will be the third for SRC since its establishment in 1980. Currently, SRC employs around 210 workers and plans to add up to 50 additional opportunities with competitive pay.

“Our team here at Super Radiator Coils has worked hard to build a thriving manufacturing and engineering operation in Central Virginia,” said Matt Holland, Vice President of Operations for SRC’s Richmond division. “The components we make enable the mechanical equipment that powers our world. This investment in Chesterfield County will enable us to continue in that mission.”

Chris Winslow, Board of Supervisors (Vice Chair) representing the Clover Hill District where SRC is located said, “We are so pleased to have such a quality manufacturer here in Chesterfield that provides valuable careers to our residents, especially now in a time when it is really needed. I want to thank Super Radiator Coils for their continued investments in our community.”

Jim Holland, Board of Supervisors (Chair) said, “We are very excited to see a manufacturing facility expand operations in Chesterfield. We’re grateful that Super Radiator Coils has chosen to expand in Chesterfield County and add critical services and commodities to our economy.”

“I have worked with Matt Holland and the team at Super Radiator Coils for some time now and have always been impressed by their dedication to quality operations and their employees. Through our Business First Program, which reveals issues and opportunities for companies operating in the County, we were able to bring valuable resources to SRC and assist in this expansion project,” said Tina Shreve, Senior Project Manager, Chesterfield County Economic Development.

Super Radiator Coils will commemorate the occasion at 2 p.m. on Monday, April 12th with a shovel ceremony, remarks, and a facility tour.

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Super Radiator Coils Contact:
Matt Holland, VP of Operations
804.378.1349
www.superradiatorcoils.com

Chesterfield County Economic Development Contact:
Tina Shreve, Sr. Project Manager
804.892.1043
www.chesterfieldbusiness.com

The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers.

To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11 and Second Draw PPP Loans on Wednesday, January 13. The PPP will open to all participating lenders shortly thereafter.

Updated PPP guidance outlining Program changes to enhance its effectiveness and accessibility was released on January 6 in accordance with the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act.

This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284 billion toward job retention and certain other expenses through March 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan.

Key PPP updates include:

  • PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs;
  • PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures;
  • The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations;
  • The PPP provides greater flexibility for seasonal employees;
  • Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount; and
  • Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan.
  • A borrower is generally eligible for a Second Draw PPP Loan if the borrower:
    • Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses;
    • Has no more than 300 employees; and;
    • Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020.

Key Differences between Round One and Round Two

Any business that did not receive a PPP loan previously, or those businesses that experienced a 25% reduction in revenue in one quarter of 2020 over 2019, can apply for this new round of PPP.

Businesses, sole proprietors, and independent contractors applying for loans of $150,000 or less and based on the same calculation as round one—2.5 times one-month of 2019 payroll—do not have to submit new documentation if applying through the same lender.

New groups of eligible business, in this 2nd round, include 501c(6) organizations like chambers of commerce, nonprofits and religious entities, and local news organizations. These loans are also capped at $2 million.

The new law also carved out additional benefits for restaurants, hotels, and other businesses under the NAICS Code 72. These businesses can calculate their loan amount by multiplying one-month of 2019 payroll by 3.5 instead of 2.5, thus receiving more funds. This also applies to seasonal businesses and those without 12 months of operating history. Further, for restaurants and hotels with multiple locations, as long as each one has fewer than 300 employees, each individual location may apply for a separate loan. The maximum loan amount across all locations, however, is capped at $4 million.

In addition, the new law earmarked $15 billion in straight grants that do not need to be repaid for live entertainment venues, which were some of the hardest hit businesses due to Covid shutdowns. These businesses include theaters, museums, and zoos. It also includes businesses that represent performers.


Additional resources:

SBA Round Two PPP https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program

US Treasury Round Two PPP https://home.treasury.gov/news/press-releases/sm1230

FAQ for Round Two PPP https://www.ghjadvisors.com/blog/faq-paycheck-protection-program-round-two-ppp-2

Forbes/All Business Round Two PPP Information https://www.forbes.com/sites/allbusiness/2021/01/08/new-guidance-issued-on-next-round-of-ppp-loans-an-overview-for-small-businesses/?sh=1a19ff9235eb


Local resources and contacts:

Eric Glymph, Financial Strategist/Founder
EDGe Business Planning
804-833-1792
Blog Link: https://www.edgebusinessplanning.com/financialedge/categories/edge-covid-19-resources
Webpage: www.EDGeBusinessPlanning.com


Local Banks Currently Offering PPP Loans

Chesapeake Bank
Davis Yonce, AVP, Regional Business Development Officer
804-939-6403
DYounce@ChesBank.com


Virginia Community Capital
Leah Fremouw, VP, Director of Community Innovations
804-939-6167
sba-ppp@vccva.org


Village Bank
Cindy Hodges, VP, Commercial Relationship Manager
804-419-1467
chodges@VillageBank.com


Fulton Bank
https://www.fultonbank.com/CARES-ACT


TOWNEBANK

Angie Collins
Senior Vice President, Private Banking Officer
9961 Iron Bridge Road
Chesterfield, VA 23832
Office: 804.324.2724
Cell: 804.349.3400
Fax: 804.425.7466
angie.collins@townebank.net

Betsy Lacy
Vice President, Commercial Banking Officer
9961 Iron Bridge Road
Chesterfield, VA 23832
804-324-2720
Cell: 804-801-6319
betsy.lacy@townebank.net

Ralph J. Martinez
VP, Commercial Banker
9961 Iron Bridge Rd
Chesterfield, VA 23832
Office: 804.324.2719 Fax: 804.477.600
Cell: 317.833.6248
ralph.martinez@townebank.net

Omaryz Martinez
Branch Manager
9961 Iron Bridge Rd
Chesterfield, VA 23832
Phone: (804)748-9700 | Fax: (804)425-7466
Omaryz.Martinez@Townebank.net

 

Chesterfield EDA Purchases Area Known as Upper Magnolia

Leslie Haley

Chair of the Chesterfield County Board of Supervisors Leslie Haley

At their regular meeting on December 16, 2020, the Board of Supervisors voted unanimously to provide funding to the Chesterfield County Economic Development Authority (EDA) for the pursuit of future economic development opportunities.

Chair Leslie Haley stated, “There are precious few large acreage sites in Chesterfield for the county to better manage growth and focus on jobs-centric opportunities and related amenities. The EDA should continue, with deliberate speed, negotiations with willing sellers for the next opportunities.”

With such funding, the EDA has purchased 2,057 acres in western Chesterfield, known as Upper Magnolia, from Salvatore Cangiano for $13 million.

Upper Magnolia was previously approved in 1991 for a 1,336-unit residential development and includes land for the Cold Creek subdivision, which is approved for 311 single-family building lots.

With this EDA transaction, such previously approved zoning would now be the county’s to control and better manage. John Cogbill, Chair of the EDA stated, “The value of an EDA in having so many good business relationships and knowing the vision of the Board enables it to act professionally and swiftly, and we look forward to working with the citizens and county further in shaping long-term plans for this great area.”

The property has been marketed to receptive buyers at prices higher than the county’s offer, but through the efforts of the EDA and a shared vision of the property owner, an agreed-upon price was negotiated.

“The Board of Supervisors’ swift action to throttle back expenses at the onset of COVID created one-time savings in the FY20 budget that are now being reinvested to acquire an asset that will further strengthen the county’s financial position for decades to come,” said Matt Harris, Deputy County Administrator.

This purchase is a long-term investment for the land use planning of this important area of the county. The property includes a large section of the right of way needed for the extension of the Powhite Parkway to Hull Street and several important intersections.

This is a key parcel in determining how this area of Chesterfield will look in 10 to 20 years.

The purchase allows the county control so it can:

  • Manage growth and development of the property in ways that are an improvement over the current permissible zoning
  • Allow for public dialog on the most appropriate uses
  • Focus development on the opportunity to create jobs and commercial investment closer to where people live, and not just residential homes
  • Allow for more effective and efficient planning and development of roads, utilities, and public facilities, including multiple school sites
  • Allow for more effective environmental stewardship of the Swift Creek watershed
  • Control the routing of Powhite extension

Extensive engineering on the infrastructure and roads serving the property, including Otterdale Road, had already been performed by the prior property owner. Related improvements to Otterdale Road have recently been funded and incorporated into Board approved plans to alleviate flooding currently being experienced. Additional funding and plans are also being pursued for full remedy.

“Upper Magnolia represents one of the best opportunities for us to regain control over the current large-scale traditional residential development to plan for better land use options, including creating quality jobs so more of our citizens can locally commute shorter distances,” said Joe Casey, County Administrator.

Kevin Carroll, Board Supervisor of the Matoaca District, where the property is located, stated, “Purchase of this property, under such favorable terms, allows us to begin to solve some of the issues in this area while presenting a tremendous opportunity for exceptional long-term community planning, public facilities and amenities in the future through public processes.”

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About Chesterfield Economic Development: Chesterfield Economic Development works on a free and confidential basis with domestic and foreign companies planning to establish new facilities, relocate existing facilities, or expand current facilities. The department also assists existing businesses and industries already located in Chesterfield with any business-related issues. CED staff members will assist with site selection requirements, information and research needs, public relations and relocation services, small business issues, or streamlining regulatory processes.

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

 

Applications for the third round of “Back in Business” grants are now being accepted. Applications will close at 5 p.m. on Friday, November 20, 2020. Applications will be accepted through a secure online portal at https://webportalapp.com/sp/chesterfieldbib

Businesses can go to ChesterfieldBiB.com to find program eligibility criteria and the Terms and Conditions of the program.

 

 Round 3 Applications Begin November 12, 2020

The Chesterfield County Board of Supervisors announced in May 2020 that the county would use $5 million of its Coronavirus Aid, Relief and Economic Security (CARES) Act Federal funding to create a small business relief fund that would aim to get direct funding to those businesses most impacted by COVID-19.

Round 1 of the funding closed on June 18, 2020, and specifically targeted businesses that were not eligible or able to receive any funds from the federal stimulus program. Round 1 also targeted businesses that were more likely to be able to keep people employed, to bring employees back to work, or add new jobs. Round 1 recipients are listed here.

Round 2 of the funding closed on July 2, 2020. Businesses that received prior assistance through the federal programs were eligible to apply. Round 2 also allowed for a larger range of annual gross revenues to qualify and adjusted the grant awards on a sliding scale, based on the size of the business applying. Round 2 recipients are listed here.

Round 3 of the county’s “Back in Business” Grants will open November 12, 2020. New criteria will enable the grants to be available to a broader segment of Chesterfield’s small businesses, including non-profits. Round 3 will also allow for a larger range of annual gross revenues to qualify. Grants in Round 3 will be awarded on a sliding scale, based on annual revenues. With these changes to the criteria, the county expects a robust third round of funding.

Under CARES Act guidelines, funds are meant to reimburse businesses for the costs of business interruption caused by required closures due to COVID-19. The grant can be used for:

  • Employee compensation (including wages and benefits)
  • Working capital
  • Equipment Inventory
  • Rent
  • Other business-critical operating expenses
Eligibility Criteria

To be eligible for Round 3, a FOR-PROFIT business:

  1. Must be a for-profit business entity with a place of business located in Chesterfield County;
  2. Must have a current Chesterfield County Business License or be exempt from BPOL but subject to local business tangible personal property, machinery and tools tax and/or real estate taxes;
  3. Must be able to provide a copy of a 2019 filed federal tax return;
  4. Must have at least $30,000 but no more than $6 million in annual gross revenues;
  5. Must be able to demonstrate at least a 25% loss in revenue that can be attributed to COVID-19 through a Financial Statement of Impact spreadsheet;
  6. Franchisees DO NOT need to be headquartered in Chesterfield County but are eligible for only one grant, regardless of the number of locations in the County.
  7. Businesses that have received other funding assistance, including PPP and/or EIDL are eligible. (NOTE: businesses that received a Chesterfield County BIB grant in Rounds 1 or 2 or received a Childcare Provider Grant are not eligible.)

To be eligible, a NON-PROFIT business:

  1. Must be a non-profit business entity with a place of business located in Chesterfield County;
  2. Must be able to provide a copy of a 990, SS-4 or 147C IRS Form;
  3. Must have annual revenues, contributions and/or sponsorships of at least $30,000 but no more than $6 million;
  4. Must be able to demonstrate at least a 25% loss in revenue that can be attributed to COVID-19;
  5. Businesses that have received other funding assistance, including PPP and/or EIDL are eligible. (NOTE: non-profit businesses that received a Chesterfield County BIB grant in Rounds 1 or 2 or received a Childcare Provider Grant are not eligible.)

What businesses are NOT eligible to apply?

  1. Businesses that received a Chesterfield County BIB grant in Rounds 1 or 2 or received a Childcare Provider Grant are not eligible.
  2. Independent contractors operating multilevel or network marketing businesses (such as Avon, Mary Kay, 5LINX, Pampered Chef, etc.) are not eligible to apply.
  3. Independent contractors working on gig platforms (such as Airbnb, Fiverr, Uber, Lyft, Instacart, etc.) are not eligible to apply.
  4. Businesses engaged in speculation or investment in rental real estate.
  5. Businesses determined to be ineligible under SBA guidelines: https://www.sba.gov/partners/lenders/7a-loan-program/terms-conditions-eligibility#section-header-19

Grant amounts will be awarded to eligible businesses on a sliding scale, based on Annual Gross Revenues:

  • Annual Gross Revenues of $30,000 to $49,999 are eligible for a grant in the amount of $5,000;
  • Annual Gross Revenues of $50,000 to $199,999 are eligible for a grant in the amount of $7,500;
  • Annual Gross Revenues $200,000 to $6 million are eligible for a grant in the amount of $10,000.

Applicants will be required to demonstrate that they are eligible, that they were operational pre-COVID-19, and that they are suffering negative impacts from COVID-19 closures. Applicants will be asked to provide:

  • An IRS W-9
  • A copy of 2019 filed federal tax return (For-profit) or a copy of a 990, SS-4 or 147C IRS Form (Non-profit)
  • A Financial Statement of Impact (FSI) form
  • A Profit and Loss Statement confirming numbers entered on the FSI

Information on additional documentation that will need to accompany the application and the link to the online application will be posted on www.ChesterfieldBIB.com. 

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About Chesterfield Economic Development: Chesterfield Economic Development works on a free and confidential basis with domestic and foreign companies planning to establish new facilities, relocate existing facilities, or expand current facilities. The department also assists existing businesses and industries already located in Chesterfield with any business-related issues. CED staff members will assist with site selection requirements, information and research needs, public relations and relocation services, small business issues, or streamlining regulatory processes.

About Chesterfield Chamber of Commerce: To be the champion for the business community, fostering growth and development, transformational relationships, and a thriving environment in Chesterfield County. To learn more about our organization and how we can be “Your Key to Business” please visit www.chesterfieldchamber.com or call 804-748-6364.

Media Contacts

Chesterfield Economic Development
Contact: Karen Aylward
Phone: (804) 318-8550
Email: AylwardK@chesterfield.gov

Chesterfield Chamber of Commerce
Contact: Danielle Fitz-Hugh
Phone: (804) 924-2243
Email: danielle@chesterfieldchamber.com

DuPont Specialty Products USA Will Lease New 133,039 SF Facility

Devon USA has announced the commencement of construction of its latest distribution facility on Bellwood Road in Chesterfield County, Virginia.

The 133,039 sq.ft. building will be leased by DuPont Specialty Products USA, LLC, and managed by XPO Logistics.

“The DuPont Spruance site is thrilled to continue to work with the James River Logistics Center (JRLC) in the distribution of our products, which positively impact people all over the world. The JRLC’s expertise allows us to continue to invest in the Richmond community and help us meet the needs of our global customers,” said David Johnson, DuPont Spruance Leader.

Devon-USA-JRLC-Buidling-4-Pad-Site

Site development on the project was started in the summer of 2020, following the completion of a 320,960 sq. ft. Delivery Station for Amazon.com on the adjacent site.

This will be the final building in the James River Logistics Center. The combined footprint of all four buildings totals 1,267,000 square feet.

Chesterfield County Economic Development (CCED) assisted Devon USA with the project.

Leslie_Haley

Leslie Haley, Chair, BOS

Leslie Haley, Board of Supervisors (Chair) said, “We are very excited to see another DuPont facility expand operations in Chesterfield. We’re grateful that companies that have chosen Chesterfield County to locate have also decided to expand and add critical services and commodities to our economy.”

“This is a testament to our strength in working with our existing industries and forming lasting relationships with solid developers like Devon,” said Tina Shreve, Senior Project Manager, CCED.

The tenant was represented in the lease transaction by Chris Rice of NAI/Dominion.

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Chesterfield Economic Development works on a free and confidential basis with domestic and foreign companies planning to establish new facilities, relocate existing facilities, or expand current facilities. The department also assists existing businesses and industries already located in Chesterfield with any business-related issues. CED staff members will assist with site selection requirements, information and research needs, public relations and relocation services, small business issues, or streamlining regulatory processes.

DEVON USA is a commercial property owner, investor, and developer with a diverse portfolio of assets in the southeastern and midwestern United States. The company has constructed and/or renovated over 6 million sq. ft. of commercial space since 1980, including 2.5 million sq. ft. in Chesterfield County, and currently owns distribution warehouses, multifamily communities, industrial development land, and other investment real estate.

Contacts

Chesterfield County Economic Development
Tina Shreve, Senior Project Manager
(804) 318-8550
ShreveT@chesterfield.gov
www.chesterfieldbusiness.com

Devon USA LLC
Edward D. Mitchell Managing Director
(804) 643-3187 x 231
emitchell@devonusa.com

Applications for the second round of “Back in Business” grants are now being accepted. Applications will close at noon on Thursday, July 2, 2020.  Applications will be accepted through a secure online portal at https://webportalapp.com/sp/chesterfieldbib

Businesses can go to ChesterfieldBiB.com to find program eligibility criteria, a list of Frequently Asked Questions, and the Terms and Conditions of the program.

 

 Round Two Opens June 29, 2020

Chesterfield County Board of Supervisors announced last month that the County would use $5 million of its Coronavirus Aid, Relief and Economic Security (CARES) Act Federal funding to create a small business relief fund that would aim to get direct funding to those businesses most impacted by COVID-19.  

Round Two will be open to a broader segment of Chesterfield’s small businesses. Businesses that received prior assistance through the federal programs will now be eligible to apply. Round Two will also allow for a larger range of annual gross revenues to qualify and adjusts the grant awards on a sliding scale, based on the size of the business applying.  With these changes, we expect a more robust 2nd round of funding. 

To be eligible to apply for Round Two, a business: 

  1. Businesses that have received other funding assistance, including PPP and/or EIDL, ARE NOW ELIGIBLE.
  2. Must be a for-profit business entity with a place of business located in Chesterfield County; 
  3. Must have been in business for a minimum of 2 years; 
  4. Must have at least $30,000 but no more than $3 million in annual gross revenues for the past 2 years;
  5. Must be able to demonstrate at least a 25% loss in revenue that can be attributed to COVID-19;
  6. Franchises must be headquartered in Chesterfield County and are eligible only for one grant regardless of the number of locations in the County;

Grant amounts will be awarded to eligible businesses on a sliding scale, based on Annual Gross Revenues:

  1. Annual Gross Revenues of $30,000 to $49,999 are eligible for a grant in the amount of $5,000;
  2. Annual Gross Revenues of $50,000 to $199,999 are eligible for a grant in the amount of $7,500;
  3. Annual Gross Revenues $200,000 to $3 million are eligible for a grant in the amount of $10,000.

What businesses are NOT eligible to apply?

  1. Businesses that are franchises and chains that are not headquartered in Chesterfield County are not eligible to apply.
  2. Independent contractors operating multilevel or network marketing businesses (such as Avon, Mary Kay, 5LINX, Pampered Chef, etc.) are not eligible to apply.
  3. Independent contractors working on gig platforms (such as Airbnb, Fiverr, Uber, Lyft, Instacart, etc.) are not eligible to apply.
  4. Nonprofit organizations are not eligible to apply. 
  5. Businesses engaged in speculation or investment in rental real estate are not eligible to apply.
  6. Businesses determined to be Ineligible Businesses under SBA guidelines are not eligible to apply. 

Applications for Round Two will open at 12:00 PM on Monday, June 29, 2020, and close at 12:00 PM on Thursday, July 2, 2020. Applications will be accepted through a secure online portal, available at www.ChesterfieldBIB.com. Businesses can go to ChesterfieldBIB.com to find detailed program eligibility criteria, a list of Frequently Asked Questions, and the Terms and Conditions of the program. Businesses can also register to be notified by email when new information is available and when the application goes live. Businesses that applied for Round One funding and did not receive an award will only need to go to their online application, when the application window is open, to make any necessary modifications and re-submit.

Round One of the funding closed on June 18, 2020, and specifically targeted businesses that were not eligible or able to receive any funds from the federal stimulus program. Round One also targeted businesses that were more likely to be able to keep people employed, to bring employees back to work, or add new jobs. 

Information on additional documentation that will need to accompany the application and the link to the online application will be posted on www.ChesterfieldBIB.com. 

###

About Chesterfield Economic Development: Chesterfield Economic Development works on a free and confidential basis with domestic and foreign companies planning to establish new facilities, relocate existing facilities, or expand current facilities. The department also assists existing businesses and industries already located in Chesterfield with any business-related issues. CED staff members will assist with site selection requirements, information and research needs, public relations and relocation services, small business issues, or streamlining regulatory processes.

About Chesterfield Chamber of Commerce: To be the champion for the business community, fostering growth and development, transformational relationships, and a thriving environment in Chesterfield County. To learn more about our organization and how we can be “Your Key to Business” please visit www.chesterfieldchamber.com or call 804-748-6364.

Media Contacts

Chesterfield Economic Development
Contact: Karen Aylward
Phone: (804) 318-8550
Email: AylwardK@chesterfield.gov

Chesterfield Chamber of Commerce
Contact: Danielle Fitz-Hugh
Phone: (804) 924-2243
Email: danielle@chesterfieldchamber.com