New Markets Tax Credit Coalition

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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

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