Five proposals have been submitted by the December 20 deadline for the first-phase development of Richmond’s City Center Innovation District Project (“City Center”), according to Virginia Business. The project’s aims include, among others, the demolition of the Richmond Coliseum, the creative adaptive reuse of the Blues Armory building, upgrading infrastructure and the development of a minimum 500-key hotel.

According to the announcement the submissions are from Capstone Development LLC, City Center Gateway Partners, Lincoln Property Company, Richmond Community Development Partners and Sterling Bilder LLC. The press release states that the City Center Evaluation Panel will assess each submitted proposal based on the evaluation criteria in the RFI document and will announce a short list in the winter.

Last Updated on December 21, 2022 by Ramin Seddiq