Richmond property owners rehabbing or developing commercial properties soon will have a new financial incentive to include clean energy and water efficiency upgrades in their projects.
Hild sought and received permission from the federal government to sell the properties, which include the old bank building at 1518 Hull St. and the old Lighthouse Diner building at 1228 Hull St.
Henrico supervisors endorsed a proposal Tuesday evening to authorize county staff to enter into negotiations with Rebkee, which is in talks to purchase 75 acres of the struggling mall’s land.
Henrico County’s quest for an indoor sports and convocation center appears to have lined up a developer, while the venue’s potential location remains undisclosed.
“I’m not going to say it’s going to happen by the end of the year, because I don’t want to make promises I can’t keep. But we are keenly aware of what we need to do to turn the ship in the right direction,” said the city’s Sharon Ebert.
Carvana secures approval for a planned distribution facility in Chester, Goochland selects a local contractor to finish out its new animal shelter, and City Council revises its work session schedule to review the proposed Navy Hill project.
Dominion Energy’s apparent indecision on whether it will build a second downtown office tower to replace the one it plans to raze early next year could significantly impact the proposed Navy Hill development that its CEO is spearheading, potentially determining how much city tax revenue would go toward paying for a new arena – and how long it might take to pay down debt on the venue.
Zimmer Development now expects to close on the purchase of 20 acres near Rocketts Landing by the end of the year and begin construction of the massive mixed-use project in the first quarter.
The state’s highest court has weighed in on a years-long dispute between Henrico County and one of its biggest residential developers.
An accelerated effort to let voters weigh in on the public funding portion of the proposed Navy Hill development was struck down Wednesday by a divided Richmond City Council.