City of Richmond Planning Commission Agenda 2026-06-02
City Proposes Sale of Commerce Road Parcel to City Central LLC
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Description
The City of Richmond proposes to sell 8.234 acres of city-owned land at 1461 Commerce Road to City Central, LLC for $4,705,500 to enable construction of a mixed-use development. The sale awaits council approval.
Contract Details
Contract Amount
$4,705,500, or such lesser amount as may be provided for herein
Vendor
CITY CENTRAL LLC
Agency
City of Richmond, VA
Contract Type
OTHER
Document Date
June 2, 2026
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