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News | 1 min read

PNK underway on 846,000-sq.-ft. spec industrial building in Chesterfield

April 18, 2025

PNK breaks ground in Chesterfield VA

New York-based PNK Group has started construction on its first local project – an 846,000-square-foot industrial facility at 1640 Ashton Park Drive in Chesterfield County. The one-story building is being built on spec, and is planned to have a 45-foot ceiling, more than 100 loading docks and nearly 570 trailer spaces. PNK said the project is designed for manufacturing or distribution, and could be leased to a single user or multiple tenants.

Known as PNK Park Ashton, the facility is rising on an 86-acre site that PNK bought for $12 million in October, according to online property records.

PNK bought the land from an LLC tied to local developer George Emerson. County records refer to the site, which is southeast of Chester and near Colonial Heights, as 1653 Ashton Park Drive.

Read the full story from Richmond BizSense here.