The transfer occurred one day before the property was scheduled to go to auction and three years after the city sued the developer for default. The city has yet to recover $200,000 in grant funds it awarded for the project.
The Chesterfield Board of Supervisors on Wednesday voted to approve a $1.9 billion budget for fiscal year 2024. The budget is a 9.4 percent increase over the current budget.
U.S. Sen. Mark Warner delivers a $14 million federal assist for Richmond’s housing availability efforts, and Chesterfield supervisors vote on the county’s proposed budget this week.
The six parcels are what remain of a 15-parcel group that the city agreed to sell for development of income-based housing. The rest were deemed unbuildable due to issues such as utility easements and ownership disputes.
The declaration was made the same day that U.S. Sen. Mark Warner presented the city with $14 million in federal funds to assist in its efforts to improve housing availability for lower-income residents.
The City Council holds a budget public hearing, Hanover supervisors reject a subdivision plan, and a land donation sets up a $1 million project to extend a park boardwalk in Henrico. (BizSense Pro subscription required)
The old shopping center is being cleared to make way for Springline at District 60, which is the newly unveiled name for the mixed-use development.
Georgia-based Flournoy Development Group must wait until next month to learn whether its six-story project at 3600 Grove Ave. will get a thumbs-up from the commission.
A 260-unit apartment project in the Museum District goes before Richmond’s Planning Commission this week, a 176-lot subdivision proposal in Hanover is up for a final vote, and Richmond’s city attorney resigns following a DWI charge. (BizSense Pro subscription required)
The century-old Fire Station 12 at Cary and Addison streets is being replaced with a new three-story structure that will double its size.
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