Rendering of the proposed VCU Health Systems complex in downtown Richmond.
Richmond City Council will consider the $325 million sale and redevelopment of the city’s Public Safety Building into a VCU Health medical office tower. The project is proposed by Capital City Partners LLC, a joint venture from two developers who were involved in the failed Navy Hill project.
Mayor Levar Stoney announced Monday that his administration will introduce ordinances and legal documents for the project at the Feb. 8 City Council meeting and request that councilors allow the city to bypass a request for proposals in favor of moving forward quickly with the project.
Capital City Partners — a collaboration between Michael Hallmark of Los Angeles-based Future Cities LLC and Susan Eastridge of Fairfax-based Concord Eastridge Inc. — made an unsolicited offer last May for the aging Public Safety Building, which is on 10th Street near City Hall, part of the property where the $1.5 billion Navy Hill arena-anchored project was proposed in 2019.
