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UPDATE: Navy Hill Plans Formally Introduced by Stoney Administration

The Office of Mayor Levar M. Stoney formally introduced ordinances memorializing the proposed negotiated agreement with the Navy Hill Development Corporation to revitalize downtown Richmond.

Today, the plan that has been kept under lock and key for over a year, has been formally released. This will give tax payers an opportunity to view the $1.5 Billion dollar plan.

The legislation, which will be officially posted to the Richmond City Clerk’s page, can also be found at the following link on the city website:

http://www.richmondgov.com/Mayor/downtown.aspx

The documents being released today include the following:

  • The ordinance binder package, which includes the legal documents, the OR Request, and the Fiscal Impact Statement
  • The Original Proposal from NHDC
  • The NHDC Response to Request for Clarifications

We encourage everyone to take a look at the plan and decide for yourself whether or not this is a good move for the city.

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