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New Richmond Arena

eandslee

By eandslee
in Richmond

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Asace88
Asace88

I wanted to make sure that I waited about a full day to react to this situation since my gut reaction to the council request was going to be much uglier than after giving it some more thought.  I also

cbl1
cbl1

Yea - that $800 million in private equity funds (never to be paid back by the city) pouring into downtown is a total rip off.     Your not fooling us you shysters - take your $800 million and find som

rjp212
rjp212

I guess this could go in a few forums, but CoStar has announced they will anchor the new 400,000 sf tower adjacent to the Arena.  Plans to double the workforce to 2000.  Huge news! https://richmo

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Icetera Burg

Icetera

Posted
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20 minutes ago, RiverYuppy said:

They pretty much linked it to the Navy Hill project.  Why would they build it downtown rather than Henrico now?

While we did make the call that if NH fell through that plot would become a hole, I believe the pipeline cancellation was really the bigger factor in losing tower 2.  Henrico will not be seeing Dominion offices anytime soon either.

On the upside, Dominion now saves $540k a year in Richmond property taxes.

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DowntownCoruscant Whistle-Stop

DowntownCoruscant

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Onward and upward. I’m curious to see the traffic study. It looks like there’s potential to create a new exit on 295 to serve GreenCity, but I don’t know about cost and feasibility. And will this be a driver of public transit north of the city core?

Also, is “GreenCity” simply a marketing term to describe the type of development, or does Henrico plan on a census designated place emerging that is called Green City?

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I miss RVA Metropolis

I miss RVA

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18 minutes ago, DowntownCoruscant said:

Onward and upward. I’m curious to see the traffic study. It looks like there’s potential to create a new exit on 295 to serve GreenCity, but I don’t know about cost and feasibility. And will this be a driver of public transit north of the city core?

Also, is “GreenCity” simply a marketing term to describe the type of development, or does Henrico plan on a census designated place emerging that is called Green City?

I'm wondering that (a census-designated place) myself. Given the beefing up that's planned to take place in Innsbrook in the coming years - if a city-center kind of place is ultimately developed there, I could see these new "beltway suburbs" actually being given such designation, complete with their own ZIP codes. Honestly, it would make sense for that next step to take place, if both Green City and Innsbrook have sufficiently concentrated populations plus serve as "urban centers" for work, etc. It's common for big cities all over the country to have these kinds of census designated places emerge along suburban beltways. I look at it as the next-step in the overall growth of the RVA metro.

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I miss RVA Metropolis

I miss RVA

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32 minutes ago, DowntownCoruscant said:

Right, “edge cities.” Somebody on BizSense had the same question about Innsbruck and zip codes and the like. It doesn’t really matter too much, but it’s the kind of fascinating question that makes us flock to sites like here!

Right! "Edge cities" - I'd forgotten all about what they're called. I might be nuts, but it's about the right time development-wise for the RVA metro to develop legit edge cities. They are common to all larger metros - especially the newer-developing areas.

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I miss RVA Metropolis

I miss RVA

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14 hours ago, wrldcoupe4 said:

I’m less skeptical about the success of an arena and more of the project makeup on this location. It is not a preferred office location. Will be interesting to see if the county can shift this or if they will be looking at a majorly unfulfilled vision. 

Coupe - very interesting and a lot to consider! Curious to know what gives you pause about the project. Is it the location? On paper, one might think that where I-95 & I-295 intersect would be a favorable spot for such a project, particularly the arena. However, the lack of direct access from either interstate could present some interesting headaches - with that stretch of Parham Road being the only way in or out. Is it the mix of components? How might you see the county attempt to step in and shift the project?

Really interested to know your thoughts on this. 

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skinsfan Unincorporated Area

skinsfan

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There’s actually  quite a few offices over there, including mine. Nothing spectacular though. All single story office suites. Also quite a few in that stretch of Parham. And let is not forget that Best products called that tract of land their home office up until their demise. But, I’m not sure that office space is truly needed in that development. 

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I miss RVA Metropolis

I miss RVA

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5 hours ago, eandslee said:

In case you haven't see it yet, here is Green City's web page.  It's a nice little site to browse when you get some time (like on a rainy Saturday) :thumbsup::

 

https://www.greencityva.com/

 

Thanks so much for posting the link. Lots of good information on the website739565063_Screenshot(251).thumb.png.89c27b783ad4337a1434a4bdbaaf2d26.png.

Interesting in the sell for the arena - listing "AHL hockey" - that's certainly a step back up to where we were when we had the Robins in the '70s. Of course - NCAA basketball tournaments. What about getting an NBA "G"-league team?

 

This line from the blurb on "location" is also quite interesting

"Transit connections are currently under study, but when completed will allow for easy regional access via bus and other systems."

Okay - now who is conducting the study? The county? (obviously?) Is this in coordination with any of the local/regional transportation organizations? Is GRTC involved? What "other systems" would there be? I wish we could get better information about some of the details/particulars.

 

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I miss RVA Metropolis

I miss RVA

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Not sure why the Times-Dispatch ran a feature story on this just three days ago (August 27) when there's not much new news to report aside from a press conference back on August 12th indicating that this has caught the eye of some folks in D.C.  The energy secretary was on hand and spoke at the press event.

https://richmond.com/business/watch-now-proposed-2-3-billion-greencity-arena-anchored-mixed-use-development-is-in-the/article_3a2941bd-6fb8-5f80-99c0-080768b3294b.html#tracking-source=home-trending

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Brent114 Burg

Brent114

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Posted

1) approval =/= getting things done.  The project still has to be financed and tenants have to be secured.

2) best of luck to Henrico.  I’m glad that for once the counties are doing something to benefit the region!

3) I’m so happy that we can forever stop trying to build a 20th century entertainment district downtown here in the 21st century.  Good riddance Navy Hill.  I only wish you could die multiple times over :) 

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I miss RVA Metropolis

I miss RVA

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Posted (edited)
10 minutes ago, Brent114 said:

1) approval =/= getting things done.  The project still has to be financed and tenants have to be secured.

2) best of luck to Henrico.  I’m glad that for once the counties are doing something to benefit the region!

3) I’m so happy that we can forever stop trying to build a 20th century entertainment district downtown here in the 21st century.  Good riddance Navy Hill.  I only wish you could die multiple times over :) 

Brent - to your three points:

1) This is VERY true

2) AMEN!!!

3) Good description - 20th century entertainment district. I've moved into the camp of turning it into a high-density residential and mixed use district that will inject a large number of downtown residents and hopefully support a variety of business types (be they retail, smaller-scale entertainment (theaters, for example), restaurants, etc.) Once the albatross of the old hulk of the Coliseum is removed - and Leigh Street is restored to grade level, I think the sky should be the limit for this part of downtown. "Best and highest use" should be the primary framework - and I believe that framework has been set out quite well in the Richmond 300 Plan.  Which reminds me, has there been any further development of the City Center SAP?

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Brent114 Burg

Brent114

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Agreed.  The coliseum needs to be razed and then the city needs to get out of the way.  There seems to be real interest in downtown.  Let it happen organically. 
 

I was in Baltimore last night to see a show downtown.  The city looked better than ever (if I ever get kicked out of Richmond I’m moving to Baltimore) but the areas around the stadium and arena were devoid of people. They were attractive but lifeless.  They are just single use blocks were people drive in for some entertainment and leave never having left the property. 
 

Watching the financing fall though (the second Dominion  tower) and the death of Navy Hill’s  biggest cheerleader makes me happy that we dodged that bullet.  Had the city moved forward,  financing would have dried up by now (thanks to COVID and the changes in the workforce it has brought about) and city council would be debating adding the Casino One property to the TIF before the referendum is even voted on.  It would me messy.   
 

If investors are willing to put their own money into this development but not into Navy Hill then they were just playing  the city which is pretty crappy of them.   That  said, a successful Green City will benefit the region and I do wish them luck. 
 

 

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I miss RVA Metropolis

I miss RVA

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6 minutes ago, Brent114 said:

Agreed.  The coliseum needs to be razed and then the city needs to get out of the way.  There seems to be real interest in downtown.  Let it happen organically. 
 

I was in Baltimore last night to see a show downtown.  The city looked better than ever (if I ever get kicked out of Richmond I’m moving to Baltimore) but the areas around the stadium and arena were devoid of people. They were attractive but lifeless.  They are just single use blocks were people drive in for some entertainment and leave never having left the property. 
 

Watching the financing fall though (the second Dominion  tower) and the death of Navy Hill’s  biggest cheerleader makes me happy that we dodged that bullet.  Had the city moved forward,  financing would have dried up by now (thanks to COVID and the changes in the workforce it has brought about) and city council would be debating adding the Casino One property to the TIF before the referendum is even voted on.  It would me messy.   
 

If investors are willing to put their own money into this development but not into Navy Hill then they were just playing  the city which is pretty crappy of them.   That  said, a successful Green City will benefit the region and I do wish them luck. 
 

 

Well said on all fronts. In retrospect - and highsight is always 20/20 - we had no way of seeing COVID coming. The political support falling through (or never really materializing) may actually have been a Godsend.

Chicago has five professional sports franchises - and none of the facilities are right in downtown Chicago. Soldier Field is the closest to downtown, on the Lake Front, and even then, it's more than a mile from actual downtown Chicago. The Madhouse on Madison (the United Center) is several miles west of downtown. Whatever the stadium that replaced that gem of a ballpark, Comiskey Park, over on the South Side - is several miles south of downtown (on 35th street - beyond Chinatown even) ... and of course, fabulous Wrigley Field is many miles to the north in Wrigleyville. And yet downtown Chicago THUMPS!!! The amount of highrise residential development downtown has been off the scale in the last 10 or so years.

I think high-density residential and mixed use is the way to go in downtown RVA. Heck, even re-establish the old "Navy Hill" neighborhood name to that part of downtown!

 

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