Here’s a recap of the top stories for the week of April 11, 2025:
Plans to replace Richmond’s shuttered coliseum are advancing behind the scenes
Reported by BizSense’s Jonathan Spiers
The city hasn’t officially selected a City Center developer, more than three years after it issued a joint solicitation.
The proposed 9-acre development would replace the Richmond Coliseum with a 500-room convention center, a hotel, a mix of office, retail, housing, and open space.
BizSense obtained correspondences between city officials and DC-based consultants from the Robert Bobb Group, which was brought on to help move the project forward.
Emails show officials are communicating with the Capstone Development team, which is said to be the last of four prospective developers to remain in active negotiations with the city.
Their correspondence also reveals that Richmond officials are also considering expanding the project’s size, but are in the midst of deciding the best course of action.
Richmond breaks ground on mixed-use development associated with the Diamond District
Reported by BizSense’s Jonathan Spiers
Diamond District Partners are prepared to begin construction on a mixed-use development adjacent to CarMax Park baseball stadium.
The development team led by Thalhimer Realty Partners are driving the mixed-use portion of the 67-acre Diamond District, which will include a hotel, housing and commercial space.
VPM News' Dean Mirshahi reported on the new ballpark’s recent progress, as developers aim to construct the stadium before the start of the 2026-27 baseball season.
Developers of the Iron House data center campus, resubmit proposal in Hanover County
Reported by BizSense's Jack Jacobs
Reston-based developers WestDulles Properties filed a new zoning application for the Hanover side of its proposed 180-acre data center campus.
The project site spans across the borders of Hanover and Ashland. Although the town approved the developers initial application last year, Hanover’s Board of Supervisors denied it.
The newly revised Hanover proposal addresses public concerns over the proposed building height and removes plans for a 49-lot residential section on a nearby 44-acre property.
The developer's idea for a data center campus could change if Hanover officials remain resistant to the revamped proposal.
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