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Showing posts from July 28, 2019

Stoney administration to submit ordinances for Navy Hill development plan to Richmond City Council on Monday

Mayor Levar M. Stoney today announced that the city administration has completed negotiations with The NH District Corporation (NHDC) on a transformational, economic development plan to revitalize downtown Richmond and dramatically increase the city’s capacity to fund education, housing, transit, streets and neighborhoods for generations to come.
The plan, subject to the approval of Richmond City Council, will be submitted in the form of ordinances and supporting legal documents introduced at a special meeting of the council to be held on Monday, August 5.
“The ordinances we will deliver to the city council on Monday propose a responsible and inclusive opportunity to grow our economy by creating a thriving city center and community,” said Mayor Stoney.
“The agreement we have negotiated ensures that the Navy Hill development project will create thousands of jobs, hundreds of affordable housing units, job-training opportunities, new revenue, and world-class amenities for ALL Richmonders,”…