Developer

Stonebridge is a joint venture between Crosland Southeast and Hartford-based Hutensky Capital Partners and is being celebrated as a significant advancement in revitalizing one of the region’s popular gateways to Chesterfield County, which borders the city of Richmond on the eastern corridor of Midlothian Turnpike. This regional site boasts one of the highest traffic counts in the Richmond MSA with over 120,000 cars per day and approximately 180,000 residents within 5-miles with average household incomes exceeding $70,000.

The project was named Virginia’s Best Public/Private Partnership of 2012 by the Virginia Business publication.

 

About Crosland Southeast

With its acquisition of Crosland’s Retail Development Company in 2011, Crosland Southeast and its partners have a long history of developing and leasing award winning retail and mixed- and multi-use developments throughout seven southeastern states. The Crosland Southeast founding partners previously served as officers of the 74-year old Crosland legacy company, Crosland LLC, and have a combined 110 years experience in the shopping center industry. During their tenure at Crosland, they have successfully developed over 10 million square feet of commercial space.

Notable projects include Biltmore Park in Asheville, N.C., Blakeney and Birkdale Village in Charlotte, N.C., Providence Marketplace in Nashville, Tenn., and The Shops at Greenridge in Greenville, S.C. Through their leadership, Crosland earned a reputation as being one of the leading retail development companies in the Southeast United States.


 

About Hutensky Capital Partners

Hutensky Capital Partners is a fund manager based in Hartford, CT that invests in retail assets with value-add opportunity in major U.S. markets via direct acquisition, joint ventures, and the loan purchases.  Over the past decade, HCP has raised multiple equity funds and is currently investing through Hutensky Capital Partners III, a fully discretionary fund that has over $115 million of institutional equity commitments.  HCP is an affiliate of the full service retail real estate firm, The Hutensky Group founded in 1979.  For more information on Hutensky Capital Partners, visit www.hcpfund.com.