GreenCity arena plan is dead

GreenCity arena plans fall apart as developer misses payment deadline, Henrico leaders working to find new partner
Henrico County announced it is taking back the land slated for the highly anticipated GreenCity arena project after developers failed to meet a payment deadline. Central Virginia
Updated: Henrico to take back GreenCity property after developer misses final payment deadline
The $5.2 million payment was officially due Feb. 28, but a purchase agreement for the massive arena-anchored development allowed a 10-day cure period that expired Thursday at midnight.
GreenCity arena plan is dead as Henrico plans to reclaim property
The developers did not make a roughly $5 million payment Thursday, ending an ambitious project to build an environmentally friendly neighborhood at the former Best Products site in northern Henrico.
Henrico takes back former Best Products space once planned for GreenCity
Henrico County is taking back the former Best Products property that had been planned for the massive arena-anchored GreenCity development.
Henrico County, GreenCity developers part ways
Henrico County and developers for the $2 billion eco-district GreenCity have decided to part ways, according to a news release.“The parties have mutually agreed to go in a different direction, and the developers will expeditiously work to transfer the property back to the county and terminate the existing agreements.
Henrico's GreenCity plans collapse as developer misses payment deadline
Plans for a mixed-use ecodistrict that was expected to usher in a new era of development in Henrico County and provide the county with a regional entertainment attraction, in the form of a 17,000-seat arena,
Henrico County’s $2.3B GreenCity project is dead
Henrico County announced Friday that it will reacquire the Best Products property from the Green City developers, saying the parties “have mutually agreed to go in a different direction."
Henrico to require Best Products property from Green City developers
Henrico County will be reacquiring the $2.3 million Best Products property from Green City developers within the next month.
Richmond Times-Dispatch6d
Developer says it will make last-minute payment to Henrico arena project
The GreenCity arena project is at a crossroads, with a developer trying to save it and a county government ready to pivot in ...
Richmond BizSense24y
Henrico holds GreenCity developer in default for lack of progress, missed land payment
The default notices followed a nonperformance notice that the county sent the developers in December, as well as a missed ...
Virginia Business4d
Henrico sends default notices to $2.3B GreenCity project developers
Listen to this article Updated March 10 The $2.3 billion GreenCity development in Henrico County appears to be in jeopardy, unless developers make an overdue payment by the end of the week. Henrico ...
WTVR.com10d
Is GreenCity in danger? Here's what we know about the massive Henrico project.
The fate of Henrico’s massive arena-anchored GreenCity project is in question after its developers have been deemed by the county to be in default of agreements the two sides signed several years ago.