A departure at SportsQuest and a new head of admission at the University of Richmond. Plus lots of moves in law, commercial real estate and finance.
SportsQuest
Pro lacrosse league coming to Richmond
A new professional indoor lacrosse league plans to launch next season with a franchise in Richmond.
The Herd: New hires, promotions and departures for 4.20.11
Moves this week in law, banking and engineering.
SportsQuest No. 2 resigns
“It’s certainly gone a lot slower than we all hoped,” says Phil Evans.
SportsQuest lease might close this week
SportsQuest has moved one step closer to getting public funding, and the deal might be consummated by week’s end, according Chesterfield County officials. Plus lawyers worked out a pecking order of who would get paid first if the project doesn’t stick.
“It’s not like it’s been only two weeks of discussions”
Leaders of the Chesterfield County government who want a proposed mega sports complex to proceed quickly are about to plunk down $4.3 million for a lease on artificial turf fields, community center and a basketball court. And that’s led to a growing chorus of questions about why the municipality is helping to fund a private sports complex, and why there seems to be such a rush to fork over funds when the project previously said it has a deep bench of investors.
County tries to hedge its SportsQuest bet
Officials at Chesterfield County wants to boost sports tourism and wants its residents to have use of new synthetic turf fields. At the same time, it wants to limit its risk should a mega sports complex currently under construction flop.
Is sports facility a quixotic quest?
Each time Steve Burton talks about SportsQuest, his plan sounds more ambitious. But as Burton’s enthusiasm and concept have grown, so have the project’s price tag and the skepticism of the local business community.
SportsQuest running for stimulus bond
SportsQuest, the 250-acre mega sports facility planned for Chesterfield, is on track to receive $15 million in financing thanks to the federal stimulus bill, pending state and federal approval.