Description
Title: To accept a quitclaim deed from the School Board conveying a portion of 1461 Commerce Road, consisting of approximately 8.234± acres, and to authorize the Chief Administrative Office to act on behalf of the City in executing such deed. (6th District)
Summary
On May 26, 2026, the City of Richmond introduced Ordinance No. 2026-122, which aims to accept a quitclaim deed from the Richmond School Board for approximately 8.234 acres of property located at 1461 Commerce Road. The School Board declared this land surplus on May 12, 2026, contingent on the identification and approval of suitable replacement properties for its existing uses within two years. The ordinance authorizes the Chief Administrative Officer to execute the deed on behalf of the City. This transaction is part of a broader development initiative involving City Central, LLC, which intends to purchase this and adjacent properties for a mixed-use development, enhancing local housing options and economic growth. The ordinance will take effect upon adoption