Chesapeake Cir, Providence Forge, VA

This commercial property is located at the intersection of Interstate 64 and Rt 155 in New Kent County, Virginia. The location is immediately off Interstate 64, directly across from the entrance to Colonial Downs Horse Track and Rosie’s Gaming Emporium, which were recently purchased by Churchill Downs. Colonial Downs/Rosie's currently averages just under 1000 visitors per day. The Brickshire Community, with over 3000 homes, surrounds Colonial Downs, and more homes are being built. Tourism is a major draw to New Kent, with nationally recognized Wineries and Golf Courses. In 2022, visitors spent $29.9 million in New Kent, 7% more than in 2021, with visitation growing by 3.6% over 2021, totaling 17.5 million trips to the area. The property is 25 minutes from downtown Richmond, VA, and 25 minutes from Williamsburg, VA. New residences and businesses are coming into New Kent County at an accelerated rate, including retail centers, distribution centers, industrial businesses, and Buc-ees Travel Center located one exit west on I64. Zoned Commercial/Tourism, the property allows for a variety of commercial uses oriented toward highway and tourism, and may accommodate corporate, general offices, or regional services. Allowable uses include hotels, conference facilities, restaurants, automobile/travel services, retail, entertainment, and medical facilities. The property has been approved under a PUD and will be divided into parcels to fit individual businesses' needs.