The 60-year-old Commonwealth Building in the 4600 block of West Broad Street would be replaced with a six-story building with 155 apartments and eight so-called “live-work” units.
The 150-page document in the works since 2020 aims to balance development and preservation interests as a supplement to the citywide Richmond 300 plan.
Following multiple revisions and rounds of back-and-forth between planners and stakeholders, a four-year process to establish a growth guide for the Shockoe area has reached a culmination.
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.