West Creek Associates will develop another 230 acres in West Creek Business Park
September 10, 2012
Richmond Business Magazine
Tommy Pruitt, managing partner for West Creek Associates, said that construction will begin in about 45 days on 2,200 feet of what eventually will be a three-mile, four-lane parkway. It will provide West Creek direct access to the Broad Street corridor for the first time.
The development will be located off Broad Street, west of Short Pump at the Route 288 interchange, and will be known as The Notch at West Creek, a subsection of the larger 3,500-acre park. The property is currently zoned for general and medical office, retail, hospitality, office/service, and multifamily development.
Pruitt said in an interview with Virginia Business that the company has a signed, contractual agreement with Kassinger Development Group, based out of Charleston, S.C., which will build a 254-apartment community of one- and two-bedroom apartments. “We have that lead off development. That encouraged us to put the parkway in, and we have genuine interest from medical officer users. We plan to start the road in 30 to 45 days, and Kassinger will be right behind us.”
Pruitt added that infrastructure already is in place, with water, sewer, and fiber available.
West Creek is home to such companies as Capital One Financial Corp., CarMax, Hospital Corporation of America (HCA) and Performance Food Group. Stretching from Broad Street to Patterson Avenue, just west of the Henrico County line, it has more than 2.1 million square feet of office space.
The name The Notch at West Creek comes from the historical Three Notch’d Road, which was a major east-west thoroughfare across central Virginia during the colonial period. Today a section of Route 250 (Broad Street) follows the historic path and borders the property. There also are remnants of Three Notch’d Road that are known as Three Chopt Road.
“There are approximately 1,700 acres of undeveloped acreage with a number of large contiguous acreage tracts available at West Creek,” Pruitt said. “Approximately 800 acres of the business park have been sold, while 650 acres are preserved in a flood plain, primarily serving as a buffer along Tuckahoe Creek.”
According to Pruitt, 10,000 people are currently employed in the park, with more than 1 million residents living within a 30-mile radius.
He said financing for the project is being done internally. “We’re rolling. We have just about all the approval we need from the government agencies to get started,” he said. “Goochland County has been very interested in economic development, and they have been 100 percent onboard for The Notch.”