Project Summary
Stonebridge is a redevelopment project by Charlotte based Crosland, LLC. The site is located in Chesterfield County, and is positioned at the vacated Cloverleaf Mall site. Opened in 1972, the 700,000 SF mall was the first of its kind in the Richmond Metropolitan area however after years of decline in the surrounding neighborhoods and decreasing tax revenue, the County purchased the site in 2004. As new development prospered throughout the metro area, the mall closed its doors forever in early 2008. The existing site contains the main mall structure as well as outparcels and a movie theater towards the rear of the site. Uniquely situated on the County’s border, Stonebridge will create a gateway from the City of Richmond into Chesterfield County.
Crosland intends to develop a mixed-use, walkable development anchored by a national grocer, office and commercial opportunities as well as a variety of residential options. Project will consist of 300,000 SF of commercial, retail and office uses and 350 multi-family units.