Chester, VA – August 31, 2017 - The Chesterfield Economic Development Authority announced today the acquisition of 1,675 acres of prime real estate in the County to be used to attract a large industrial manufacturing company that could bring 5,000-10,000 direct and supplier jobs and billions of dollars in investments to Chesterfield County.
“I am pleased to take part in announcing the creation of a significant new economic asset that will drive job creation and economic activity for Chesterfield and the Richmond region,” said Virginia Governor Terry McAuliffe. “This site gives Virginia something unique and allows us to compete for projects on a level we haven’t had before.”
Mega sites are project locations capable of attracting large automotive, aerospace and other advanced manufacturing plants. These projects often bring 2,500-5,000 well-paying direct jobs and up to 10,000 total jobs, including quality jobs from suppliers.
“The Board of Supervisors is excited by the opportunity to attract another high-quality manufacturing company to Chesterfield County,” said Board Chair Dorothy Jaeckle. “While the Board and Planning Commission will conduct a thorough review of the rezoning application with input from residents, I am confident we can make this happen in a way that protects the character of the communities near the site. Certainly this will have less impact than the 5,000 residential units allowed under the current zoning,” Jaeckle said.
The Matoaca Mega Site was previously the location for Branner Station, a proposed mixed-use development including 5,000 housing units. That project was discontinued during the last recession.
“A large advanced manufacturing facility of this scale brings so many benefits to the communities where they locate,” said Virginia House of Delegates Speaker Designee Kirk Cox, who represents the district in which the site is located. “This can bring thousands of high-paying jobs, but we will need to work closely with our educational partners in the area to ensure the workforce training programs are in place. Fortunately we have outstanding education partners in the area at all levels.” said Cox.
“This mega-site announcement is another piece of the international supply chain infrastructure that we are building in Virginia to support large scale manufacturing and job creation,” said John F. Reinhart, CEO of the Virginia Port Authority. “The strategic location in Chesterfield County, near the Richmond Marine Terminal and I-95 takes advantage of the value and global reach of the port, will encourage growth, and enhances The Port of Virginia’s position as the East Coast’s global gateway.”
The project is currently zoned for residential use and will need to be rezoned to industrial use. The EDA has already submitted the rezoning application. Industrial use is consistent with the County’s Comprehensive Plan for the site.