Multiple sources with knowledge of his plans confirmed that Leonard Sledge, the department's director for five years, had said he will be stepping down in June.
It's time to dive in once again and ponder the big local projects and other factors that could shape the Richmond economy and business community in 2024.
In reality, the money at stake supersedes all else. This business is so profitable that there are no tax incentives attached to the project, or other government subsidies, which means there are no real clawback mechanisms if the casino developers fail to deliver what’s been promised. It boils down to a simple question: Is it worth the risk?
Maritza Pechin, whose various roles have included guiding the Diamond District project, is departing City Hall this Friday to take a job with the USDOT’s Build America Bureau.