Grant exclusive negotiation rights for 13.8-acre Terminal One housing development
In Plain English
Terminal 1 LLC wants to develop housing on the 13.8-acre Terminal One property at 1500 Dornan Drive. The city completed community outreach to gather resident input on the design concept. If approved, the developer gets exclusive rights to negotiate a final development agreement with the city for a set period.
Auto-generated summary. Source: official agenda documents.
Votes
Authorize the city manager to execute an Exclusive Right to Negotiate (ERN) with Terminal 1 LLC for the purchase and development of the 13.8 acre Terminal One property located at 1500 Dornan Drive with the understanding that the City Council was not endorsing a particular plan, but endorsing a team to get the City of Richmond to a plan
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