City of Richmond City Council Summary 2026-05-26
City Eyes Sale of Second Commerce Road Parcel to City Central LLC
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Description
An ordinance was introduced to sell approximately 4.715 acres of city property at 1451 Commerce Road to City Central, LLC for $2.69 million or less for a mixed-use project.
Contract Details
Contract Amount
$2,694,500 or such lesser amount as may be provided
Vendor
CITY CENTRAL LLC
Agency
City of Richmond, VA
Contract Type
OTHER
Document Date
May 26, 2026
Renewal Info
Sale pending approval; no renewal specified.
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