A site plan for the proposed Highfield subdivision at Rockville Road and Interstate 64. (Goochland documents)
Goochland commission to consider 138-home subdivision in Rockville area
The Goochland County Planning Commission meets Thursday at 6 p.m.
The sole public hearing item is a request from Markel | Eagle to rezone 138 acres at 2106 and 2114 Rockville Road for a 138-home subdivision called Highfield. The site is southwest of Rockville Road’s crossing over Interstate 64 and within the county’s Centerville Village overlay district.
The full meeting agenda can be viewed here.
Haxall Point racquet sports venue on city planning agenda
The 123-year-old Haxall Point building once helped provide hydroelectric power to downtown Richmond. (BizSense file photo)
The Richmond Planning Commission meets Tuesday at 6 p.m.
On the agenda is a special-use request for Padel Plant, a recreation and entertainment venue with about a half-dozen padel courts plus pickleball courts and food-and-beverage service at the former hydroelectric plant at 1201 Haxall Point. D.C.-based Nordheimer Cos. is behind the project.
Full agenda here.
Chesterfield, operating group announce deal to reopen Southside Speedway
Southside Speedway in March 2025. (Christopher Kendall/Competitive Racing Investments)
Chesterfield officials and Southside Speedway’s new operating group formally announced a deal to reopen the track and return stock-car racing to the venue.
Representatives of Competitive Racing Investments and Chesterfield County gathered last week for the event to mark the signing of a 20-year, lease-to-purchase agreement between Chesterfield’s Economic Development Authority, which owns the property, and the operating group that includes Lin O’Neill and Jeff Oakley.
Competitive Racing would ultimately pay $5.9 million in rent over the lease period and then assume ownership of the track, per the agreement.
In addition to racing, the property is expected to feature new retail development and host entertainment and events programming.
Known as “The Toughest Short Track in the South,” Southside Speedway opened in 1959 and held auto races for decades until it shuttered in 2020.
Chesterfield FY26 budget would cut real estate tax rate, increase BPOL threshold
Chesterfield officials unveiled a $2.4 billion budget proposal that would cut the county’s real estate tax rate by 1 cent and increase the BPOL collections threshold.
The proposed fiscal year 2024 spending plan would feature a real estate rate of 89 cents per $100 of assessed value. The county would also increase to $550,000 the threshold at which it collects Business, Professional and Occupational License (BPOL) taxes.
Officials described the proposed budget as a conservative spending plan that comes in response to the current climate of economic uncertainty.
Chesterfield’s FY26 general fund, the main operating fund of the county, is proposed at $1 billion and would represent a smaller amount of year-over-year growth compared to the current FY25 budget. The general fund is projected to increase 4.4% compared to FY25’s operating fund, which increased 5.1% compared with the prior year.
The general fund features $44 million in new spending, including $15 million in new local funding for the school division for teacher raises and operating funds, as well as $17 million in increased public safety compensation and $5 million in tax relief measures for disabled residents.
Officials said departmental budgets were reduced by more than $7 million and $22 million in budget funding requests will go unfunded, including requests for 175 new positions.
The Board of Supervisors is scheduled to vote to adopt the budget April 9. The 2026 fiscal year starts July 1.
New park breaks ground at River City Sportsplex
A rendering for the The Park at River City Sportsplex. (Image courtesy Chesterfield Parks and Recreation)
Chesterfield officials held a groundbreaking ceremony last week to mark the start of construction on The Park at River City Sportsplex, a new recreational area at the youth tournament venue.
The Park is planned to feature a playground, climbing structure, spray park and walking trails, according to a county news release. The project is intended to appeal to children of different ages, and also include picnic and fitness areas.
The Park is expected to open in summer 2026, and is being established in the area of the sportsplex that was formerly used as an outdoor concert venue by local promoter EventMakers-USA. Having exited Chesterfield, EventMakers is now planning a new series in Innsbrook.
Chesterfield is getting started on the new amenity at the sportsplex shortly after the completion late last year of four new turf fields, bringing the tournament venue to 16 fields. The venue hosts field hockey, soccer and lacrosse tournaments and is a major driver of sports tourism for Chesterfield.
A site plan for the proposed Highfield subdivision at Rockville Road and Interstate 64. (Goochland documents)
Goochland commission to consider 138-home subdivision in Rockville area
The Goochland County Planning Commission meets Thursday at 6 p.m.
The sole public hearing item is a request from Markel | Eagle to rezone 138 acres at 2106 and 2114 Rockville Road for a 138-home subdivision called Highfield. The site is southwest of Rockville Road’s crossing over Interstate 64 and within the county’s Centerville Village overlay district.
The full meeting agenda can be viewed here.
Haxall Point racquet sports venue on city planning agenda
The 123-year-old Haxall Point building once helped provide hydroelectric power to downtown Richmond. (BizSense file photo)
The Richmond Planning Commission meets Tuesday at 6 p.m.
On the agenda is a special-use request for Padel Plant, a recreation and entertainment venue with about a half-dozen padel courts plus pickleball courts and food-and-beverage service at the former hydroelectric plant at 1201 Haxall Point. D.C.-based Nordheimer Cos. is behind the project.
Full agenda here.
Chesterfield, operating group announce deal to reopen Southside Speedway
Southside Speedway in March 2025. (Christopher Kendall/Competitive Racing Investments)
Chesterfield officials and Southside Speedway’s new operating group formally announced a deal to reopen the track and return stock-car racing to the venue.
Representatives of Competitive Racing Investments and Chesterfield County gathered last week for the event to mark the signing of a 20-year, lease-to-purchase agreement between Chesterfield’s Economic Development Authority, which owns the property, and the operating group that includes Lin O’Neill and Jeff Oakley.
Competitive Racing would ultimately pay $5.9 million in rent over the lease period and then assume ownership of the track, per the agreement.
In addition to racing, the property is expected to feature new retail development and host entertainment and events programming.
Known as “The Toughest Short Track in the South,” Southside Speedway opened in 1959 and held auto races for decades until it shuttered in 2020.
Chesterfield FY26 budget would cut real estate tax rate, increase BPOL threshold
Chesterfield officials unveiled a $2.4 billion budget proposal that would cut the county’s real estate tax rate by 1 cent and increase the BPOL collections threshold.
The proposed fiscal year 2024 spending plan would feature a real estate rate of 89 cents per $100 of assessed value. The county would also increase to $550,000 the threshold at which it collects Business, Professional and Occupational License (BPOL) taxes.
Officials described the proposed budget as a conservative spending plan that comes in response to the current climate of economic uncertainty.
Chesterfield’s FY26 general fund, the main operating fund of the county, is proposed at $1 billion and would represent a smaller amount of year-over-year growth compared to the current FY25 budget. The general fund is projected to increase 4.4% compared to FY25’s operating fund, which increased 5.1% compared with the prior year.
The general fund features $44 million in new spending, including $15 million in new local funding for the school division for teacher raises and operating funds, as well as $17 million in increased public safety compensation and $5 million in tax relief measures for disabled residents.
Officials said departmental budgets were reduced by more than $7 million and $22 million in budget funding requests will go unfunded, including requests for 175 new positions.
The Board of Supervisors is scheduled to vote to adopt the budget April 9. The 2026 fiscal year starts July 1.
New park breaks ground at River City Sportsplex
A rendering for the The Park at River City Sportsplex. (Image courtesy Chesterfield Parks and Recreation)
Chesterfield officials held a groundbreaking ceremony last week to mark the start of construction on The Park at River City Sportsplex, a new recreational area at the youth tournament venue.
The Park is planned to feature a playground, climbing structure, spray park and walking trails, according to a county news release. The project is intended to appeal to children of different ages, and also include picnic and fitness areas.
The Park is expected to open in summer 2026, and is being established in the area of the sportsplex that was formerly used as an outdoor concert venue by local promoter EventMakers-USA. Having exited Chesterfield, EventMakers is now planning a new series in Innsbrook.
Chesterfield is getting started on the new amenity at the sportsplex shortly after the completion late last year of four new turf fields, bringing the tournament venue to 16 fields. The venue hosts field hockey, soccer and lacrosse tournaments and is a major driver of sports tourism for Chesterfield.
This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!
Your subscription has expired. Renew now by choosing a subscription below!
For more informaiton, head over to your profile.
SUBSCRIBE NOW
TERMS OF SERVICE:
ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING SUPPORT@BUSINESSDEN.COM.
ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.
EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.
FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL SUPPORT@BUSINESSDEN.COM
Already a Member? Sign in
Return to Homepage
