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Budget dispute may slow plans to redevelop Boulevard
A little noticed budget dispute in the General Assembly could slow Richmond’s rush to transform 61 acres of largely vacant city property on North Boulevard into retail stores, a hotel, offices and apartments. The House of Delegates and the Senate appear to be split over approving Gov. Terry McAuliffe’s proposal to authorize the state Department of Alcoholic Beverage Control to spend up to $105 million to buy land and develop a new headquarters and warehouse complex.
10 groups interested in leading Boulevard redevelopment project
At least 10 groups have responded to Richmond’s call for companies to redevelop the 60 acres of mostly cleared city property that includes The Diamond baseball stadium and the Arthur Ashe Jr. Athletic Center on North Boulevard. “This is the kind of response that we wanted,” Lee Downey, the city’s chief development officer, said as the city begins the process of selecting a master developer to transform the area into a potential $300 million complex of offices, retail stores and residential units.
City seeking developers for Boulevard project
It took an extra three weeks, but City Hall is now seeking developers for the projected $350 million transformation of its Boulevard property into apartments, offices and retail space.
Boulevard RFQ on hold
Richmond Mayor Dwight C. Jones’ administration has tem- porarily pulled back from seeking development teams for the redevelopment of the 60 acres of land the city owns on North Boulevard around The Diamond.
City seeking developers for the Boulevard project
City Hall finally is ready to seek developers for its biggest economic development project — the redo of the 60-acre city property on North Boulevard where The Diamond baseball stadium and Arthur Ashe Jr. Athletic Center now stand. Two months behind schedule, Mayor Dwight C. Jones’ administration expects to issue its request for qualifications (RFQ) this week seeking deep-pocket bidders interested in transforming the property over 20 years into apartments, condos, retail outlets and office space.
