Virginia Union University’s illuminated tower signs and the proposed City Center rezoning will go before the Richmond City Council. A 50-unit townhome development and a private school were approved in Chesterfield.
Funds from the payments would be put toward preservation projects in Richmond and contribute to a legal defense fund for the Virginia Historic Preservation Easement Program.
The proposed Genito/288 Special Focus Area Plan would guide development and county policies for a 659-acre area.
Upon demolishing the old silos later this year, Hourigan Development is planning to construct what will be among the tallest residential buildings to be built in the city in recent years.
The $50 million, 4,500-seat arena is scheduled to open in about a year and host indoor sports events and concerts.
Multi-use developments will be considered in Chesterfield, Richmond’s City Center rezoning is up for a vote, and Henrico establishes a county sports and entertainment authority.
Richmond’s Economic Development Authority is preparing a joint solicitation that it plans to issue with the Greater Richmond Convention Center Authority to gauge development interest in a 9-acre assemblage that includes the shuttered arena and the site of a long-sought convention center hotel.
Plenty Unlimited has started site work on the first piece, a 100,000-square-foot vertical indoor farming facility for growing strawberries.
“The redevelopment of the Diamond District site is intended to be financially self-sustaining, meaning that the new development in the Diamond District will generate enough tax revenue to pay debt service for Community Development Authority bond financing,” new city documents state.
A conceptual plan shows a hotel, coffee shop, restaurant, gas station, bank and office space for the 20-acre site. But the county must first get approval from the FAA.
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