After receiving two offers on city-owned properties once tied to the failed Navy Hill project, Richmond administrators are delaying a proposed surplus-property designation as they plan to rework it around one of those offers in particular.
After winning nine figures in new federal funding, a local pharmaceutical startup is looking to Petersburg as its first step toward securing the nation’s generic drug supply.
A city loan program aimed at enticing property owners to make clean energy and water efficiency upgrades is being put on hold weeks before it was set to start, in light of a state-funded program that could end up replacing it.
A significant step in the City of Richmond’s plan to solicit new development proposals for properties that were part of the failed Navy Hill plan is set to be put into motion this week.
The first phase of the state’s plan to reawaken the economy and begin lifting restrictions brought on by the coronavirus starts today for most localities across Virginia, but not for the city of Richmond.
As development interest continues to pick up along Richmond’s bus rapid transit line, city planners are looking to keep their finger on the pulse with another round of zoning changes, this time in the area across Broad Street from the Fan.
While it plans to revisit its budget numbers regularly in light of an evolving economic outlook, Richmond City Council has a blueprint in hand for how the city will face what’s expected to be its most turbulent fiscal year in decades.
With more than $12 million in additional cuts now accounted for, Henrico administrators have finalized the budget they will use as a subject-to-change starting-off point into what’s slated to be the county’s toughest fiscal year in recent memory.
“It’s still a 1956 Oldsmobile. Sometimes you have to just buy a new car.”
Capital City Partners has submitted an offer to the City of Richmond to buy the Public Safety Building property at 500 N. 10th St. The project would not involve city funds or a TIF.