The Chesterfield Board of Supervisors on Wednesday approved an economic development agreement with the developer of a 105-acre mixed-use project planned at Genito Road and Route 288.
Plans for the site by developer Lake Adventures LLC call for a surf park, water recreation activities, and entertainment and public gathering spaces, as well as two 300-unit mixed-use buildings with commercial space on the ground floor and multifamily housing above. A hotel and office space are also planned.
The project, called The Lake, represents an estimated $323 million capital investment, according to the county. The project is near the 115-acre River City Sportsplex that Chesterfield bought in 2016.
