Demolition of the Richmond Coliseum, a key first step for what developers say could be a nearly $1 billion transformation of a fading part of the city’s downtown, is on pause after the City Council decided not to fast-track work, rejecting Mayor Levar Stoney’s request for $3 million to cover the cost.
That would have allowed work to start as early as the July 1 start of fiscal year 2025, if the council had not decided this month to take $2.5 million of that money to boost City Hall’s support for the public schools.
Read the full story in the Richmond Times-Dispatch.
