The third-party review represents the first accounting of the aborted Public Safety Building project that has ended up costing the health system at least $80 million, including a $73 million project-exit payment.
City Council on Monday introduced legislation to allow the health system to access the city-owned property to begin the demolition, which is expected to cost $5 million.
The approvals advance the planned Richmond Amphitheater on the riverfront near Tredegar and set the stage for a potential second referendum in November on Urban One’s proposed casino in South Richmond.
A regional tourism group rolls out a $2 million campaign and a local kombucha brand promotes its latest flavors. (BizSense Pro subscription required)
While the health system remains on the hook for Richmond real estate tax payments that continue to come due, it’s unclear whether a new university-led project for the same site would align with the city’s desire to keep the downtown property taxable.
The pricy deals kept May a hot month for home sales in the region, with two of the sales coming in at more than a half-million dollars over asking.
Legacy Land Development is seeking county zoning and permit approvals for a 12-building development of primarily age-restricted units.
The communications firm with an office in Manchester was the night’s big winner, taking home a Best-in-Show and the Excellence in Public Relations Award, which went to Padilla executive Jeff Wilson.
“As the city of Richmond is in a housing crisis, preserving affordable housing is just as important as producing affordable housing,” RRHA CEO Steven Nesmith said this week to mark the start of renovations at Townes at River South.
Scott’s Addition-based Brand Federation has opened a second office in Manhattan’s Chelsea neighborhood, where founding partner Kelly O’Keefe once lived and the company’s clients are most concentrated outside Virginia.
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