City of Richmond City Council Summary 2026-05-26
City Proposes Sale of Commerce Road Parcel to City Central LLC
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Description
City introduced an ordinance to sell approximately 8.234 acres at 1461 Commerce Road to City Central, LLC for at least $4.7 million to support a mixed-use development.
Contract Details
Contract Amount
$4,705,500 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 is pending; no renewal specified.
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