The proposed spending plan for fiscal year 2025 has been slightly amended with requests from councilmembers, including a reduction in the requested demo funds in favor of other priorities and more funding for schools.
Jonathan Spiers
Diamond District financing pivot prompts lawsuit seeking referendum
Local attorney and activist Paul Goldman filed the lawsuit Thursday challenging City Council approvals to allow Richmond to issue $170 million in bonds to finance the ballpark-anchored development’s first phase.
Two deals near $3.8M topped area home sales in April
A few blocks and $40,000 separated the top two deals in Richmond’s West End, while a pair of homes in Manakin-Sabot rounded out the top five with an even narrower margin.
Giving up Goodwin gig, Chris Corrada strikes out on his own
“I’ve always wanted to do this for myself,” Corrada said about launching his Double C Real Estate firm after 13 years at the helm of Bill Goodwin’s Riverstone Properties.
City Council to vote Wednesday on new Diamond District financing plan
A special meeting is scheduled for 3 p.m. tomorrow on the new approach to financing the stadium and infrastructure improvements for the development’s first phase. Citizens will have a chance to weigh in.
New industrial park near Oilville a go after cross-county approvals
Straddling the Goochland-Hanover line, the 14-lot park is expected to meet a growing demand for light industrial space in the Richmond market, which was recently listed as the 13th tightest industrial market in the country.
Former HG Design Studio owners draw up Libbie-Grove site for new project
Dave and Meril Gerstenmaier are offering their design and development knowhow for a build-to-suit office project on a site behind their former Grove Avenue design studio.
Quirk Hotel’s Charlottesville location sold to N.Y. firm for $24M
After a run that lasted just four years, Ted and Katie Ukrop’s Charlottesville version of Richmond’s Quirk Hotel is under new ownership and will be rebranded later this year.
‘Something transformational’: Henrico homing in on housing affordability gap
“Unless we do something, unless there is an inflection-point change to incentivize affordable housing in a different way, then the trends are going to be what they are,” County Manager John Vithoulkas told the Board of Supervisors.
HHHunt looks to add 57 townhomes beside River Mill development
The undeveloped site along Woodman Road adjoins River Mill proper and is just west of an 82-unit townhome section that was part of the original 2016 rezoning.