“The City is prepared to pursue all available options, including litigation, to collect the Guaranteed Obligation payments,” Richmond leaders said in a letter to VCU Health’s CEO on Monday.
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Sponsored Content: VCU supports military waivers, state funding push
VCU Health buys former Pet Dairy facility beside Athletic Village site for $9M
The VCU Health System Authority now owns the nearly 6-acre assemblage that is adjacent to the 42-acre Athletic Village site, where work has gotten underway in recent weeks.
Sponsored Content: VCU Expands National Recognition as a Leading Urban Public Research University
Demolition clears VCU-area lot planned for 3-story mixed-use building
The former Shawarma Shack and Cloud Hookah building is gone and will be replaced by two floors of apartments over a ground floor commercial space.
VCU looking to buy downtown Altria research building
The purchase would expand the university’s nearby academic medical center campus. It also could take the currently revenue-generating property off Richmond’s tax rolls.
VCU Health, City of Richmond butt heads over tax payments on failed downtown project
In the report that was due to legislators Tuesday, interim CEO Marlon Levy says the health system’s mission is “not to subsidize government revenue because of (the developer’s) failure to create a revenue-generating project.”
VCU Health looks to relocate Chesterfield facility once eyed as anchor for Courthouse Landing
Citing delays and other challenges at the massive Courthouse Landing project in Chesterfield, VCU Health is looking to move a proposed outpatient medical center out of the planned mixed-use development in favor of a site nearby.
Events company RMC sheds some employees as VCU security contract ends
The company known for its employees in yellow jackets, is in the final weeks of a security contract with VCU and VCU Health, which have hired Sentry Force Security to handle the job starting in mid-August.
VCU grad’s spray tan business now has three salons and counting
“I thought if it doesn’t work out business-wise, I’ll spray tan my mom and my sister and my friends for our big events and that’ll be it,” Lee said.