Cloverleaf Mall Area Redevelopment - PowerPoint PPT Presentation

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Cloverleaf Mall Area Redevelopment

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  1. Cloverleaf Mall Area Redevelopment • Presentation by Edward B. Barber,Supervisor Chesterfield County, VA October 2003

  2. Cloverleaf Mall Area Redevelopment • Two research efforts undertaken for the County: • The Chesapeake Group • Urban Land Institute Tech Assistance Panel

  3. Cloverleaf Mall Area Redevelopment • Major Conclusions • Demand forecast indicated potential for a number of uses • Use as a regional retail center not feasible • County needs to be flexible in reuse • County needs to play an active role in transition of the area • Need to find a Master Developer with financial capacity and experience

  4. Cloverleaf Mall Area Redevelopment • Next Steps • County is now undertaking a national recruitment process to secure a developer with the financial capacity and experience to plan, program and reinvest in the site and area

  5. Cloverleaf Mall Area • Study area

  6. Cloverleaf Mall

  7. Cloverleaf Mall

  8. Cloverleaf Mall Area

  9. Beaufont Mall

  10. Beaufont Mall

  11. Boulders

  12. Boulders

  13. Cloverleaf Mall Area • Eastern Midlothian

  14. Cloverleaf Mall • Assessed valuation vs. taxes 1995-2003

  15. ULI-Redevelopment Concept