In the work presented here, the way of obtaining the phase with general formula Co_3+1.5xCr_2–x(VO₄)₄ (0 ≤ × < 0.4) is demonstrated. A new phase is detected in CrVO₄ - Co₃V₂O₈ that is formed in one of the intersection of the ternary CoO - V₂O₅ - Cr₂O₃ system. Monophasic Co₃Cr₂(VO₄)₄ (Co_3+1.5xCr_2−x(VO₄)₄, where × = 0) was obtained from both a mixture comprising CrVO₄ and Co₃V₂O₈ as well as from the mixture of CoV₂O₆ with CoCr₂O₄. The Co_3+1.5xCr_2−x(VO₄)₄ is isotypic with the those demonstrating the lyonsite-type structure. The temperature of melting for the new compound was established using the DTA methods.