Central Virginia Tract Fetches $3.6 Million

The Wescott project is part of a master planned mixed-use development. Photo: Cushman & Wakefield | Thalhimer

A homebuilder plans to develop a residential community on 70 acres in Chesterfield County, close to 26 acres that are under contract for commercial development.

HHHunt Communities bought on March 6 for $3.675 million around 70 acres off Hull Street Road at Lonas Parkway in Chesterfield County, John Ridout, vice president of land development at HHHunt Communities, says.

Ridout says plans for now call for 320 townhouses and 120 condominiums to be developed as a community called Wescott. Depending on the weather, he says the units will go on sale either at the end of this year or early next year with prices starting somewhere in the $200,000 range.

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