Diamond District

Richmond, VA

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Republic is part of a team selected to redevelop the 67-acre Diamond District in the City of Richmond, VA. Our proposal for the Diamond District will deliver a world-class, highly regenerative urban district that will be become the future civic heart of Richmond.

Anchored by a spectacular new 10,000 capacity ballpark, our proposal includes an extraordinary 11-acre open space, 950,000 square feet of Class-A commercial office space, over 2,500 units of mixed-income apartment units, 157 for-sale two-over-two condominiums with 20% designated affordable, a variety of retail spaces supporting local businesses, and a robust commitment to Richmond’s art, culture, and cuisine.

Streets and sidewalks throughout the District will be activated by 167,000 square feet of ground-level retail uses. Our proposal capitalizes on existing bus service along Arthur Ashe Boulevard and Hermitage Road and proposes new stops and transit infrastructure to enhance access, improve service, and prioritize pedestrians and public transportation. Our multifaceted parking strategy will utilize innovative parking approaches including automated parking systems, shared parking, and distributed structured parking decks wrapped by commercial, residential, and retail uses, furthering the City’s goal of creating a district that accommodates demand without encumbering the experience for those that live, work, and play in the District.

Prioritizing pedestrian and bicycle access, the design incorporates green infrastructure for storm water management and generous plantings providing shade, reducing the heat island effect, and supporting local biodiversity. The 11-acre Crescent Park will set a new benchmark for open space in Richmond celebrating the unique geography and diverse ecology of the Fall Line landscape and honoring and elevating an important legacy via our inspiring Arthur Ashe Path.

The Diamond District is adjacent to Scott’s Addition, one of Richmond’s most desirable neighborhoods for millennials and a planned 40-acre Athletic Village being developed by Virginia Commonwealth University (VCU).

* All projects for development are expressed at original cost and do not represent fair market value.

Richmond, VA
Project Cost
$2.3 Billion*
Year COmpleted
Projected Completion Date To Be Determined