The tribe has two avenues to take to allow it to build the project: one through state law that would need to pass this year, and the other using its federal power to have sovereign control over land it owns.
Commercial Real Estate
A proposed bill in the General Assembly that would allow a portion of state tax revenues to go toward the proposed Navy Hill project would significantly reduce the amount of downtown real estate needed to pay off bonds for a new arena, according to the developer.
As it prepares to begin production, Richmond’s first medical cannabis production plant has been sold to a REIT that focuses on cannabis-related real estate.
As it looks to the future with an ambitious growth plan, a local digital marketing agency is moving up out of Shockoe Slip to anchor the commercial section of a new mixed-use development just off Arthur Ashe Boulevard.
After its first attempt to get into the Richmond market fell flat, the Canadian chain of axe-throwing bars is back with a location next to Strangeways Brewing and across from Circuit Arcade Bar.
While a proposed redevelopment of the Richmond Coliseum and adjacent downtown area has dominated headlines in recent years, city leaders appear also to be turning their attention back to the Diamond-anchored 60-acre site along Arthur Ashe Boulevard.
The bad blood between a local real estate firm and its former accountant has led to yet another legal battle.
A Northern Virginia-based pizza chain has signed on at the mixed-use project at 805 W. Cary St., where it will join Pita Pit and the city’s first Sonic.
While state legislators weigh a bill that could reshape the project’s public-funding structure, the developers behind the proposed Navy Hill development have lined up a large office tenant for one of its planned buildings.
The purchase of the 9-acre property gives Highwoods control of 20 acres that could be developed at the corner of Nuckols Road and Lake Brook Drive.