Richmond Times Dispatch Building

Renovation of the 166,276 SF, four-story Richmond Times Dispatch (RTD) building, consisting of a reconfigured and updated home for RTD personnel, a corporate headquarters for Shamin Hotels and additional office spaces for new tenants.

Investment

  • NMTC Amount: $5,000,000
  • Total Project Cost: $42,000,000

IMPACT

  • 245 FTE jobs
  • 70 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

Renovation of the 166,276 SF, four-story Richmond Times Dispatch (RTD) building, consisting of a reconfigured and updated home for RTD personnel, a corporate headquarters for Shamin Hotels and additional office spaces for new tenants.

MAP

Address: 300 East Franklin Street, Richmond, VA 23219

Census Tract: 51760030501

Other Virginia Projects

Adaptive reuse of local landmark as a boutique hotel and centerpiece of downtown revitalization efforts.
Two medical services facilities designed to provide services to the elderly and the medically under-served
Commonwealth Crossing Business Centre is a modern business and technology park designed to attract major manufacturers with the potential to add value to the local economy and create thousands of
NMTC financing supported the construction of an R&D laboratory and research center.