Martyn Thake said the shuttered racetrack needs “significant repair or replacement” to resume races with a potential cost of $10 million to $15 million.
Collins Enterprises has been tapped to build a six-story, $75 million building with 300 apartments and 27,000 square feet of ground-floor commercial space.
Undeveloped land totaling almost 250 acres, parcels in Richmond and in Chesterfield County, just outside the Richmond city limits, are for sale at a total of almost $80 million.