The Depot District got a major boost last night with unanimous approval of a resolution to put half a million dollars toward stabilization of the former Pennsylvania Railroad Depot.
The move by the Richmond Redevelopment Commission will go a long way toward the $1.5 to $2 million dollars that owner Roger Richert expects will be needed for development.
Larry Parker, Richmond Common Council Representative, was even on board. Parker has been an opponent of spending taxpayer money on the project, but seems to have had a change of heart.
Its Just Good Business
It is clear to most people we’ve talked to that the Depot District is one of the best opportunities Richmond has to generate more tax revenue and more business for the city. For the longest time people have argued about how wasteful we’ve been by letting such jewel in the crown of our city’s history sit dormant and crumbling.
Today marks a major move toward realizing just how important the Depot District can become for the residents of Richmond and the city itself.
It shows that the city knows how important it is to partner with business people like Richert in order to bring in revenue and preserve important historical sites which make Richmond unique and worth visiting.
0 comments