RICHMOND, Va. (WRIC) — A $10 million funding gap was noted in the cost of infrastructure for the Diamond District development after a change in the project’s scope during a meeting of the Richmond Finance and Economic Development Standing Committee on Wednesday.
Angie Rodgers, director of economic development, presented an update on the Diamond Development, including the CarMax Park, to the Richmond Finance and Economic Development Standing Committee during a meeting on Wednesday, Sept. 17.
The project has a total budget of $350.1 million — $43.3 million of which is for public infrastructure and $306.8 million for private infrastructure…