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Breaking News: Diamond District solicitation attracts 15 developer responses

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Developers interested in Richmond's Diamond District

The 60-plus acres are bordered by Arthur Ashe Boulevard, Hermitage Road, the interstate and the railroad tracks. (BizSense file)

Richmond’s Diamond District redevelopment project has officially garnered interest from more than a dozen development teams.

A total of 15 responses were received by Tuesday’s deadline for responses to the city’s solicitation for interest in the stadium-anchored mixed-use development that would include a replacement of The Diamond baseball stadium.

The city announced the results Wednesday afternoon.

Respondents include a mix of local and out-of-town firms, some responding under their own name and others under newly created team names.

The respondents include:

4Most Sport Group, a Pennsylvania-based outdoor athletic field construction and management firm.

Acquest Realty Advisors, a Michigan-based real estate advisory firm.

Diamond District Gateway Partners

Diamond Legacy Partnership

Edgemoor-Gotham Ballpark Partners, tied to Bethesda, Maryland-based Edgemoor Infrastructure & Real Estate.

Jair Lynch Real Estate Partners, a Washington, D.C.-based development firm.

MAG Partners, a New York City-based developer.

Metropolitan Virginia VIII LLC, tied to Baltimore, Maryland-based Metropolitan Partnership Ltd.

Richmond Community Development Partners

Rising Tide RVA LLC, tied to Glen Allen-based Commonwealth Commercial Partners

RVA Diamond Partners

Turnbridge Equities, a New York City-based real estate agency.

Urban Atlantic, a Bethesda-based real estate developer.

Vision300 Partners LLC, tied to Richmond developers Charles Bice and Birck Turnbull’s High Summit Holdings LLC.

Weller Development Company and LMXD – Weller is a Baltimore-based developer; LMXD is affiliated with New York-based L+M Development Partners.

The teams could include multiple firms. More than 100 firms were represented in a preliminary meeting on the project in January.

A panel consisting of local officials will evaluate the responses and compile a shortlist of teams to be invited to submit proposals in April or May, with final selections to be made in the spring or summer.

This is a breaking news story. Check back for updates as they become available.

The post Breaking News: Diamond District solicitation attracts 15 developer responses appeared first on Richmond BizSense.


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