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City of Richmond Planning Commission Summary 2026-06-02

Sale of City-Owned Land at 1451 Commerce Road

$2,694,500, or such lesser amount as may be provided for hereinCity of RichmondCITY CENTRAL LLCJune 2, 2026

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Description

The Planning Commission recommended declaring surplus and authorizing the sale of a portion of 1451 Commerce Road (4.715 acres) to City Central, LLC for $2,694,500 or less to support mixed-use development. This recommendation advances to City Council.

Contract Details

Contract Amount

$2,694,500, 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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Related Contracts

City of Richmond Planning Commission Agenda 2026-06-02

City of Richmond (Virginia)$2,694,500, or such lesser amount as may be provided for hereinJune 2, 2026

City of Richmond Planning Commission Agenda 2026-06-02

City of Richmond (Virginia)$4,705,500, or such lesser amount as may be provided for hereinJune 2, 2026

City of Richmond Planning Commission Summary 2026-06-02

City of Richmond (Virginia)$4,705,500, or such lesser amount as may be provided for hereinJune 2, 2026

City of Richmond City Council Summary 2026-05-26

City of Richmond (Virginia)$2,694,500 or such lesser amount as may be providedMay 26, 2026

City of Richmond City Council Summary 2026-05-26

City of Richmond (Virginia)$4,705,500 or such lesser amount as may be providedMay 26, 2026

Issuing Agency

City of Richmond

City

City of Richmond, VA

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Vendor

CITY CENTRAL LLC

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More from City of Richmond

City of Richmond Planning Commission Agenda 2026-06-02

$2,694,500, or such lesser amount as may be provided for hereinJune 2, 2026

City of Richmond Planning Commission Agenda 2026-06-02

$4,705,500, or such lesser amount as may be provided for hereinJune 2, 2026

City of Richmond Planning Commission Summary 2026-06-02

$4,705,500, or such lesser amount as may be provided for hereinJune 2, 2026

City of Richmond City Council Summary 2026-05-26

City of Richmond City Council Summary 2026-05-26

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