Bristol-based Surber Development and Consulting is planning the project with YWCA Richmond, which would have a dedicated space to provide on-site services to residents.
A risk analysis of the deal, which last week drew added scrutiny from Gov. Glenn Youngkin, said the lease “was horribly one-sided, and certainly not what any of us would have recommended as a starting point for a complex transaction such as this.”
The years-in-the-making project from developers Michael Hallmark and Susan Eastridge was OK’d at Monday's meeting and now goes to City Council for a deciding vote.
Finger-pointing, default notices preceded VCU Health s costly project exit richmondbizsense.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from richmondbizsense.com Daily Mail and Mail on Sunday newspapers.
Henrico approves scaled-down Arcadia project in Varina richmondbizsense.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from richmondbizsense.com Daily Mail and Mail on Sunday newspapers.