Former Carver power station set for mixed-use revival after $1.6M sale
A food hall, as well as office and retail spaces in repurposed shipping containers, are among potential uses being weighed for the property.
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A food hall, as well as office and retail spaces in repurposed shipping containers, are among potential uses being weighed for the property.
City Council OKs $325M development to replace Public Safety Building BizSense file images) Nearly a year to the day that a majority of its members voted down the controversial Navy Hill plan, a unanimous Richmond City Council on Monday approved a portion of the project that was decidedly uncontroversial by comparison. In a specially called meeting, councilmembers adopted three ordinances authorizing the sale of the city’s Public Safety Building property and adopting a development agreement with Capital City Partners, which is planning a 20-story, VCU Health-anchored tower and mixed-use offi...
City reaches deal for redevelopment of Public Safety Building site Images courtesy of Capital City Partners) Months of negotiations have reached a proposed deal for a multimillion-dollar redevelopment of Richmond’s city-owned Public Safety Building property. Ordinances and legal documents reflecting the negotiated deal between the city administration and developer Capital City Partners were formally introduced to the City Council at its meeting Monday evening. The deal will be reviewed in committee and brought back to the council for consideration at a future meeting. Capital City Partners,...
Henrico County positions Best Products site for GreenCity deal Images courtesy of GreenCity LLC) With a pair of procedural approvals, Henrico County has taken its first step down the proverbial yellow brick road to GreenCity. As they said they would do when they announced the $2.3 billion arena-anchored development in December, Henrico supervisors last week approved a transfer of the county-owned Best Products site to Henrico’s economic development authority, which will negotiate a sale of the 92-acre site to developer GreenCity LLC. The EDA board voted two days later to accept the transfer...
Henrico Moves Closer Towards Arena Development A bird's-eye view of Best Products in Henrico, a potential site for GreenCity. (Courtesy Green City LLC) Henrico’s Board of Supervisors moved one step closer toward a $2.3 billion arena development Tuesday night. The board agreed to transfer a piece of property near the intersection of Interstate-95 and East Parham Road to its economic development authority. The EDA plans to sell the property to the company behind the new GreenCity development. Susan Eastridge and Michael Hallmark came to Henrico last year envisioning an arena, thousands of...