Midlothian luxury apartment complex begins construction

Bainbridge Cos. has started construction in Chesterfield County on the 310-unit Bainbridge Midlothian luxury apartment complex, the Florida-based multifamily real estate company announced in mid-February.

Bainbridge estimates the approximately 26.3-acre project at 12400 Dutton Road will be complete next summer. Units will range from 700 to 1,560 square feet, with one-, two- and three-bedroom options.

The company purchased the property in June 2022, Chesterfield County property records show. Bainbridge bought seven lots totaling 21.8 acres for $820,000. It paid $200,000 for the remaining 4.48 acres at 12231 Old Buckingham Road.

Located near the Walmart Supercenter and Sam’s Club stores on Midlothian Turnpike, the complex will have a pool and sundeck, a clubhouse with work-from-home spaces, a fitness center, a pickleball court, a pet spa and outdoor amenities including a dog park.

“Bainbridge Midlothian is an exciting milestone for our company, as it officially marks our entrance into the Richmond, Virginia, market,” Greg Cavanaugh, Bainbridge senior vice president of mid-Atlantic development, said in a statement.

Since its founding in 1997, Bainbridge has developed and acquired more than 43,000 rental homes representing $7.5 billion in transactions. The company has more than 650 employees. Based in Wellington, Florida, Bainbridge has additional offices in Florida, Georgia, North Carolina, Texas and Washington, D.C.