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New owners of Richmond's largest enclosed mall look to reenergize, potentially redevelop, property

JRE Partners, Swiss investment group Anastacia pick Pacific Retail Capital as Virginia center's operator, master planner
The Chesterfield Towne Center totals over 1 million square feet along the Midlothian Turnpike. (CoStar)
The Chesterfield Towne Center totals over 1 million square feet along the Midlothian Turnpike. (CoStar)
CoStar News
December 18, 2025 | 8:23 P.M.

A Los Angeles-based developer has been picked to reimagine — and potentially redevelop — the 1 million-square-foot Chesterfield Towne Center mall in Richmond, Virginia, following its purchase by a new ownership group.

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