Industrial building developer PNK Group will soon start construction of an 846,260 square-foot building on an 86.6 acres site acquired in October 2024 in Chesterfield County, Colonial Heights, Va. The approximately $80 million project is a modern insulated industrial building with many features and benefits that allow it to be used for either production or distribution.
Ashton Industrial Park in Colonial Heights is part of the Greater Richmond metropolitan area, and the latter is among the five cities in the Southeast U.S. with the least amount of vacant Class A industrial space. Located south of Washington DC, Richmond connects the U.S. capital with the port of Norfolk. This attracts manufacturers and logistics companies, which have turned the agglomeration into one of the regional leaders.
The new building will be the first in Virginia to be constructed using PNK technology. The method is based on the use of prefabricated elements, streamlines building assembly through precise element production, minimizing the need for extensive labor and heavy machinery. This makes construction easier and faster than the market average, and increases the reliability and quality of work, the company said.
PNK intends to use a high-precision steel structural frames of its own production in the new building. This will make it possible to abandon standard welded connections in favor of bolted ones. All products will be sourced from its Pennsylvania and Georgia plants.
