The downtown site has reverted back to city ownership, after the project had not progressed according to an agreement with the developer, whose principals are also behind GreenCity in Henrico and had proposed the failed Navy Hill project.
Richmond’s mayor delivers his annual State of the City address, two massive developments are up for votes in Henrico, and Powhatan considers zoning amendments to allow more retail and light industrial uses in the county.
“It is a vehicle to advance regional economic development, affordable housing and to create jobs, and to add to the existing conversation and great efforts that have been going on already in the region,” RRHA CEO Steven Nesmith said of the subsidiary.
A focus will be design work associated with a proposed extension of Powhite Parkway, considered key to the development of the planned 1,700-acre technology park.
Hanover discloses details about a new broadband infrastructure initiative, while Henrico is making moves to install a solar panels system on about 2 acres at the closed Springfield Road Landfill.
The CDA, or community development authority, is the fourth in the county’s history. Its members include execs with local Fortune 500s and a retired county attorney.
If ultimately passed, the bill would allow brewers to sell a limited amount of product without a distributor through the creation of the Virginia Beer Distribution Co.
Chesterfield is taking an open-minded approach to redevelopment of the site and would be open to a proposal that includes a return of racing to the Southside Speedway, which for decades was home to auto races and known as “The Toughest Short Track in the South.”
A sprawling mixed-use development in Varina is on the Henrico Board of Supervisors agenda this week, while consideration for Sauer Properties’ proposed 780-home project near Virginia Center Commons is deferred to next month.
The two projects are Breeden Construction’s first in Petersburg, adding to a workload in Richmond that includes its planned Cobb Lumber site redevelopment and the Diamond District project.
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