Stonefield development: Trader Joe's coming to town
Back in January, the Hook reported that the latest renderings for Stonefield, the 65-acre development formerly known as Albemarle Place, showed a Trader Joe's on the corner of Hydraulic and Route 29.
On March 9, developer Edens & Avant announced that it's true, folks.
"In addition to Regal Cinemas, we are extremely excited to introduce Trader Joe's to Charlottesville," said Jessica Bruner, Vice President of Leasing for Edens & Avant in a release, calling the chain, "a specialty grocer that we feel is a perfect fit for such a progressive community."
Bruner says the Trader Joe's will be 12,500 square feet. Construction on the development will begin this spring.
The release also confirms that a 135-room hotel and a 65,000 square foot Regal IMAX Theater with 14 screens will anchor the development. When finished, the development company states, the shops will offer 1.2 million square feet of retail and mixed uses and generate 722 new jobs in retail and hotel management, as well as 1700 new construction jobs over the life of the project. During a planning commission meeting in January, the company proposed chipping in $1 million to build a fourth southbound lane on Route 29 from Westfield Road to 29/250 interchange, and a second lane for the on-ramp onto 250 West.
The Rivanna Water & Sewer Authority is also in the process of replacing the aging sewage infrastructure called the Meadowcreek Interceptor, after discovering that it did not have the capacity to handle the new development, a $24.5 million project scheduled to be completed in August.