Richmond Times Dispatch Building

Richmond,
VA
(2020)

Richmond Times Dispatch Building

Business Development, Historic Rehabilitation, Mixed-use

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.

CDEs

Capital One, Virginia Community Development Fund

Investor

Capital One

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

Innovation Research Park #2

Norfolk,
VA
(2008)

Business Development, Community, Incubator

CDE(s): Urban Research Park CDE, USBCDE

NMTC financing supported the construction of an R&D laboratory and research center.

Norfolk Police K-9 Training Center

Norfolk,
VA
(2006)

Municipal Facilities, Office

CDE(s): Truist

NMTC financing supported the construction of a building for the Norfolk Police Department.

Waters Place

Culpepper,
VA
(2011)

Community, Incubator, Mixed-use, Retail, Workforce Housing

CDE(s): Hampton Roads Ventures

Revitalization of a commercial center in a distressed community of 16,000 by renovating the buildings into Water Place, a mixed-use development with retail and office space, community-oriented commercial space, and

Blue Ridge Medical Center

Arrington,
VA
(2011)

Community, Dental Services, FQHCs, Healthcare, Hospitals and Emergency Services

CDE(s): Locus Impact Fund

The construction of a $7.2M medical center and dental clinic which provide comprehensive medical and dental care, as well as rural health outreach programs, to medically underserved communities in rural