What's happening with Richmond Coliseum plan? Sources share new information.

What's happening with Richmond Coliseum plan? Sources share new information.

RICHMOND, Va. -- Richmonds search for its preferred development team for the seemingly stagnant City Center redevelopment project is said to be down to one team and in final negotiations as the slow-moving process enters a third year.According to multiple sources with knowledge of the situation, just one of the four project finalists Capstone Development remains in active negotiations with the city. Richmond has been leading the selection proc…

City Center negotiations down to one development team, sources say - Richmond BizSense

The 9-acre City Center site is anchored by the Richmond Coliseum, which is to be demolished. (BizSense file photos) Richmond’s search for its preferred development team for the seemingly stagnant City Center redevelopment project is said to be down to one team and in final negotiations as the slow-moving process enters a third year. According to multiple sources with knowledge of the situation, just one of the four project finalists – Capstone D…