Developers look to salvage part of Navy Hill plan with $350M project, anchored by 20-story tower

| May 6, 2020

Three months after Richmond City Council said “no” to the controversial Navy Hill project, the developers behind it are looking to revive a portion of the proposal with a mixed-use development that now calls for a taller VCU Health-anchored tower.

Capital City Partners, the development team that was enlisted for Navy Hill, has submitted an offer to the City of Richmond to buy the Public Safety Building property at 500 N. 10th St. and redevelop the site as a privately owned mixed-use office complex, highlighted with a 20-story tower that would exceed the height of the 17-story VCU Health outpatient building under construction across the street.

SOURCE: https://richmondbizsense.com/2020/05/06/breaking-news-navy-hill-developers-propose-new-downtown-office-tower/

Recent Blogs