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Showing posts from November 10, 2013

Mayor Jones Presents Revitalize RVA Plan

Mayor Dwight C. Jones today unveiled Revitalize RVA, a plan for economic development in Shockoe Bottom, slavery and freedom heritage, and baseball.

Describing his plan as a strategy to develop downtown and to attract the people and businesses that will fuel the future growth of the city, Jones said, “Our city has a rich history that we must acknowledge and honor. And if we embrace who we are and move forward together, our city also has a bright, bright future.”

Citing the city’s 26% poverty rate, Mayor Jones indicated that all decisions are being made through the lens of economic development, creating jobs and expanding the city’s tax base. Revitalize RVA includes a new baseball stadium, a slavery and freedom heritage site, and brings retail, residential, hotel space, office space and parking to the area. The overwhelming majority of the improvements will be privately financed.

“The plan will generate almost $200 million in net new revenue over the next 20 years,” said Mayor Jones. “Tha…