“It’s still a 1956 Oldsmobile. Sometimes you have to just buy a new car.”
Chesterfield County plans major rewrite of zoning ordinance
Government
Developers look to salvage part of Navy Hill plan with $350M project, anchored by 20-story tower
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.
VHDA ponders new 100,000-square-foot office on Belvidere
The state agency is eyeing some development of its own at its downtown headquarters. However, the pandemic has thrown a wrench into the plans.
New Richmond pharma startup aims to shore up U.S. generic drug supply
Armed in part with an initial $6 million in government funding, Phlow Corp. is led by Kaleo co-founder Eric Edwards and Frank Gupton, chair of the Department of Chemical and Life Sciences at VCU’s College of Engineering.
Nearly half of city EDA pandemic loan funding is spoken for
A local ice cream shop, an outdoor recreation company and a coffee roaster are among the initial recipients of the city’s Richmond Small Business Disaster Loan Program, which still has about $500,000 of funds remaining to be awarded.
Chesterfield, Goochland supervisors approve leaner budgets due to coronavirus
Supervisors in Chesterfield and Goochland counties signed off on fiscal year 2021 budgets this week that were scaled back from previous proposals due to coronavirus disruptions.
Henrico cuts budget plan 7 percent, changes planning approval process
At the heart of its multifaceted response to the coronavirus downturn, Henrico County is reducing its proposed fiscal plan for the coming budget year by 7 percent, in anticipation of nearly $100 million in lost revenue.
Henrico supervisors to consider temporary, looser rules on development plans, subdivision plats
Social distancing soon may change the development plan approval process in Henrico, at least as long as mandated social distancing is in place.
City slashes fiscal plan 5 percent amid downturn
Following suit with neighboring county governments, the City of Richmond is tweaking its previously proposed budget for next fiscal year in response to the coronavirus, reducing revenue projections and expenditures by about 5 percent based on anticipated economic impacts from the pandemic.
Chesterfield County launches online development plan submission system
Developers now can submit plans via email, a move that comes as a response to disruptions caused by the coronavirus pandemic.