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Shamin Hotels reached an agreement with the Chesterfield Economic Development Authority to relocate a proposed Hilton hotel and conference center to the Springline mixed-use development.
The amended grant agreement requires an investment of at least $75 million. The agreement previously required a $30 million minimum investment at Stonebridge.
At least two of the four groups contending for the project are proposing hotel towers that, if built as envisioned, could end up being the tallest building in Richmond.