“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.
Government
Chesterfield to use $25M state grant to lay groundwork for Upper Magnolia tech park
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.
The Agenda: Local government briefs for 1.30.23
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.
Henrico forms financing authority for arena-anchored GreenCity
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.
Brewery self-distribution bill gains momentum in General Assembly
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 begins formal search for Southside Speedway site developer
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.”
The Agenda: Local government briefs for 1.23.23
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.
Richmond builder wrapping up two housing developments in Petersburg
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.
Former Live Well execs who testified against Hild get new sentencing dates
With a sentencing date set for former Live Well Financial CEO Michael Hild, two of his former top lieutenants and co-conspirators now know when they will learn their fate.
The Agenda: Local government briefs for 1.9.23
A massive mixed-use development near Virginia Center Commons is up for an initial vote, Chesterfield weighs redevelopment of an old elementary school, and several area boards elect new leadership.