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Venture Buys Abandoned Navy Hill Site in Richmond for Proposed $325 Million Mixed-Use Project

Planned 500,000-Square-Foot Development To Be Anchored by VCU Health
By John Ulmer
CoStar Research
July 21, 2021 | 5:44 P.M.

Capital City Partners has closed on one of the proposed sites of the rejected Navy Hill project in downtown Richmond, Virginia, with plans to raze the existing building and develop a more than $325 million mixed-use project on the city block.

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