A proposed bill in the General Assembly that would allow a portion of state tax revenues to go toward the proposed Navy Hill project would significantly reduce the amount of downtown real estate needed to pay off bonds for a new arena, according to the developer.
A longtime player in the City of Richmond’s economic development department is moving on.
Following weeks of work sessions, months of town hall meetings and hearings, and years of talk surrounding the project, Richmond City Council members can now see a light at the end of the Navy Hill tunnel.
Having tweaked their proposal following months of public feedback, city planners are moving forward with a revised set of rules that would allow, and regulate, short-term residential rentals in Richmond.
Just weeks after a fire ignited within it, a privately owned landfill in eastern Henrico County appears headed for closure after losing its request for the state’s highest court to take a second look at its permit revocation.
Richmond property owners rehabbing or developing commercial properties soon will have a new financial incentive to include clean energy and water efficiency upgrades in their projects.
Hild sought and received permission from the federal government to sell the properties, which include the old bank building at 1518 Hull St. and the old Lighthouse Diner building at 1228 Hull St.
Henrico supervisors endorsed a proposal Tuesday evening to authorize county staff to enter into negotiations with Rebkee, which is in talks to purchase 75 acres of the struggling mall’s land.
Henrico County’s quest for an indoor sports and convocation center appears to have lined up a developer, while the venue’s potential location remains undisclosed.
“I’m not going to say it’s going to happen by the end of the year, because I don’t want to make promises I can’t keep. But we are keenly aware of what we need to do to turn the ship in the right direction,” said the city’s Sharon Ebert.