Wilder calls for VCU president’s firing, investigation into $73M payout to back out of development deal

Wilder calls for VCU president’s firing, investigation into $73M payout to back out of development deal

RICHMOND, Va. (WRIC) – Former Gov. Doug Wilder has called for Virginia Commonwealth University’s president to be fired and for the state's watchdog agency to investigate VCU Health’s $73 million payment to get out a development project in downtown Richmond. VCU Health paid $73 million to back out a $325 million mixed-use redevelopment project to replace Richmond’s defunct Public Safety Building, a site on East Leigh Street between 9th and 10th s…

Doug Wilder calls for investigation into VCU Health’s $73M downtown development payout

RICHMOND, Va. -- Former governor Doug Wilder is calling for an investigation into a $73 million payment quietly paid by VCU Health System to back out of its lease for an unbuilt downtown development project. Wilder, a VCU professor and namesake of its L. Douglas Wilder School of Government and Public Affairs, plans to call for the investigation at a press conference this morning at the State Capitol, according to an advisory put out late Monday …

Doug Wilder calling for investigation into VCU Health’s $73M downtown development payout - Richmond BizSense

VCU Health revealed the payment Friday in response to a FOIA request from BizSense. The payment let the health system back out of the project and the 25-year lease it signed months into the pandemic.