RICHMOND, Va. (AP) - Some of the developers who were involved in a now-scuttled arena project in Richmond, Virginia, are now planning to construct a mixed-used arena project outside the city in Henrico County.
The Richmond Times-Dispatch reported Tuesday that the new project will be called GreenCity.
The $2.3 billion project will be privately funded and anchored by a 17,000-seat sports and concert arena. It is set to be built on the site of the former corporate headquarters of catalog showroom retailer Best Products.
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The development company is a joint venture between Concord Eastridge Inc. and Future Cities LLC.
“GreenCity is poised to be a game-changer and something future generations will be proud of,” Henrico County Manager John Vithoulkas said during a news conference.
Some of the project’s developers were attached to the ill-fated Navy Hill project in the city of Richmond. Richmond City Council officially nixed the project in February.
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