Midlo Tpke (Rte 60) to Hull St (Rte 360)
Beginning in the City and running to the south and to the west, both 60 and 360 have carried traffic from the Richmond to SW Virginia for years and years. Not well known is that Route 60 actually runs almost all of the way across the country, from Atlantic Avenue in Virginia Beach to Western Arizona along the California border. 360, while a popular way to access SW Va cities such as Danville and South Boston, does not travel nearly as far as Route 60.
In Chesterfield, Midlothian Tpke forms the northern border of MLS Zone 62 and Hull Street forms the southern one. Running the entire length of Chesterfield from east to west means that 62 has a wide range of property ages with the older sections closer to the City line near the old Cloverleaf Mall and with new homes along the 288 Beltway at points much further west.
The 288 effect has created many new development nodes in Western Chesterfield including Watkins Center, neighborhoods in Charter Colony and numerous neighborhoods in and around the Swift Creek Reservoir, Brandermill and Woodlake. With Chesterfield having more population than any other part of the Metro and the 60 to 360 corridor being one the fastest growing, it struggles with the typical issues that high growth suburban areas tend to suffer with including traffic, construction, proffers and keeping pace with public school capacity.
Overall, the area should be viewed as one that offers solid to excellent schools, provides a little more value (houses trade a discount to Henrico for comparable neighborhoods) and is a little bit further from Downtown. The area is also in the midst the absorption of a tremendous inventory of vacant lots and has experienced a large number of foreclosed newly constructed homes since the market adjustment of 2008 to 2011 so values may be unstable for a little while longer than some of the more mature areas of the Metro.