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About wrldcoupe4

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    Richmond, VA

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  1. Richmond had a great showing on the Inc 5000 list. 2nd in VA to northern Virginia with 42 companies on the list and one company in the top 10. I’m really proud of the start up eco system that has been embraced in our region over the past 3-5 years. It’s really paying dividends.
  2. The problem with a referendum on this topic is that the public is generally misinformed and uninformed. Also, the wording of the question itself can significantly skew opinion one way or the other. City Council needs to do its job and carefully scrutinize to determine if the cost / benefit is acceptable. We have agreed on a representative government structure for a reason.
  3. The referendum was an advisory one, meaning council would still vote on it afterwards. Having said that, I think it would be highly unlikely for council to go against the outcome of a referendum. 7 of 9 are required for it to pass.
  4. Voting for a referendum is an easy way for council to punt on doing its job and provide them with cover for future political aspirations. Keep in mind, this is the same council that pays for studies to study other studies on a topic, so they are often fearful of making decisions. If it does not go to referendum and council votes on the project, they need 7 of 9 votes to move forward. Trammell is clearly a no, I've heard at least 1 other is currently a "no" at this point.
  5. Thanks. From a real estate programming perspective, my biggest concern is the amount of retail proposed. The office, multi family, and hospitality programming all makes sense, but I have a hard time seeing over 200k sf of retail space in that location being successful. Even a grocery or urban target type anchor would tap out under 50k sf, so that’s a lot of restaurant and small shop space.
  6. What were the mistakes and omissions by Davenport that you sent to City Council?
  7. It’s usually required minimums for things like number of rooms, square feet of space, etc. I haven’t seen anything about limits. On height, I don’t see a situation where the city says they want it to be a certain height. They care about room count.
  8. Documents submitted to council are here: http://www.richmondgov.com/Mayor/downtown.aspx This is the master plan document showing what will be built on the various sites: http://www.richmondgov.com/Mayor/documents/Tab L - Dev. Ag. Exh. L - Master Plan.pdf
  9. https://richmondbizsense.com/2018/06/07/6-story-mixed-use-building-eyed-scotts-addition/ it’s for this one. Basically, very similar to The Penny in Jackson Ward. Same developer.
  10. They’ve been marketing the site for this purpose for a couple years, just haven’t landed a deal yet.
  11. Makes me wonder if the grant effort is tied to rumored plans for west coast companies in Virginia. https://richmondbizsense.com/2018/10/03/netflix-richmond-streaming-giant-hunting-hub-virginia/
  12. https://www.richmond.com/business/local/richmond-international-airport-handles-record-number-of-passengers-in-fiscal/article_77350c4d-0681-5205-8050-4623a58c2fae.html A record 4.267M passengers in the fiscal year that ended June 30. Also - the airport along with the Chamber applied for federal grants to support efforts to secure direct nonstop flights to Los Angeles and San Francisco. Last time, this helped us secure direct flights to Denver.
  13. Maybe it's just a rezone for a portion, not the hotel component for example?
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