The spending proposal would hold the line on tax rates while increasing investments in public safety, schools, libraries and other services.
Mayor Stoney presents Richmond’s $836M general fund budget for FY23
Richmond
The Agenda: Local government briefs for 3.7.22
Richmond considers zoning changes tied to its City Center plan, a 500-home development in Varina is up for a vote, and Chesterfield reviews its budget.
Foreclosures: 3.7.22
Auctions in Chesterfield, Colonial Heights, Goochland, Henrico, Hanover, Hopewell, Petersburg and Richmond. (BizSense Pro subscription required)
$70M renovation and addition could be the next chapter for Main Library
The portion of the Richmond Public Library built in 1928 would be demolished and replaced with a new section that includes subsurface parking.
Richmond establishes technology zone, raises BPOL tax exemption threshold
It took two and a half years, but Richmond now has a citywide technology zone. The specific benefits of that zone, however, still remain in the works. The Richmond City Council this week finally approved an amendment to the city code establishing a technology zone across the city. First proposed by Councilmember Andreas Addison in… Read more »
Fan barber shop trims square footage, makes room for another salon
Refuge for Men at 1607 W. Main St. moved its entire operation to the upper level of the building and Hair Motif will take over the downstairs in April.
BizSense Rewind: Top 5 stories for 2.25-3.3
This in-case-you-missed-it recap is highlighted by news in food, golf and gambling.
The Pipeline: Commercial real estate roundup for 3.4.22
The purchase of 30 acres in Ashland for $19 million was the week’s top sale and 20,583 square feet in Henrico was the top lease. (BizSense Pro subscription required)
Southern Kitchen owner going for seconds in Jackson Ward
Shane Thomas opened The Deuce at 119 E. Leigh St. last month across the street from her other restaurant.
Henrico’s proposed budget would slash biotech property tax rate
The $1.2 billion spending plan would also reduce the real estate tax rate by 2 cents and set the stage for a $511 million bond referendum this fall.