Development
A federal judge signed a final judgment last month, prohibiting Valero Energy Corporation from buying oil storage and distribution terminals in Martinez and Richmond for the next 10 years.
In this episode of “Tale of Two Cities”, we explore the different ways we look at tracks and borders — the boundaries that separate us, bring us together, or control our movement.
Hilltop Mall is in limbo, suspended somewhere between the bustling commercial and social center it once was and the vision of what it could become.
Richmond City Council voted Tuesday to start the process of annexing North Richmond after 60 years of being unincorporated. However, questions still remain about what North Richmond residents truly want.
Wendell Pierce and his real estate partnership are planning to invest in Downtown Richmond. They are working with local developers to provide housing units and 70,000 square feet of retail space.
Valero recently backed out of a bid to buy two Contra Costa oil terminals after California Attorney General Xavier Becerra raised concerns about decreased competition and higher gas prices.
The six-story Hacienda development, which once held 150 units of of public housing, fell into disrepair, and residents were relocated in 2015. Richmond City Council has now authorized Mercy Housing, a nonprofit, to redevelop the property, but their plans are contingent on funding for the project, which would cost an estimated $25 to 30 million.
Richmond residents and small businesses are dismayed by the planned closure of the Main Post Office. Mayor Tom Butt hopes the city can keep it open by purchasing the property.
As Bay Area traffic increases, many Richmond residents are excited by the new ferry terminal project while others wonder how the anticipated economic development will impact the future of the city.