Richmond City in Virginia has boosted plans for a $2.4 billion mixed-use development with a new baseball park at its heart.

Minor League Baseball’s Flying Squirrels could now see the new ballpark built near the current Diamond home location.

The move comes after the City selected RVA Diamond Partners as the Development Partner for the Diamond District.

RVA Diamond Partners was selected as the city’s development partner because their vision aligned with city goals. A few of the project’s key features include:

  • Begins the design phase of the baseball stadium as soon as possible with a commitment to purchase the first $20M of bonds to finance the new baseball stadium.
  • Provides a master plan approach to creating a strong sense of place with a balance of open space, walkable blocks, and a mixed-use, mixed-income development program that celebrates the baseball stadium as an important anchor and honours the legacy of Arthur Ashe, Jr.
  • Creates an 11-acre signature park that is envisioned to be a place for all Richmonders to enjoy with several distinct areas and programming planned throughout the year.

Mayor Levar Stoney said:

This proposal meets our goals to equitably revitalize an underdeveloped part of our city and maximize its potential to enhance the quality of life for all Richmonders. Commitments to affordable housing, minority business engagement, publicly accessible open space and a new ballpark mean that the Diamond District will be enjoyed by, built by, and benefit all residents of our city. The Diamond District has long been a diamond in the rough. I look forward to seeing it shine.

Ed McLaughlin, vice president and director of athletics said: 

Taking this next step with the City of Richmond and the Richmond Flying Squirrels represents the final step in making our vision for that area a reality. We have worked tirelessly over the last six years to bring this vision to fruition, and we have landed on the cusp of that goal. Our student-athletes, university and the entire Richmond community will benefit greatly from the amazing facilities that our Athletic Village will provide along with the new ballpark as part of the Diamond District and this transformational project.

Lou DiBella, Richmond Flying Squirrels added:

The Richmond Flying Squirrels are proud to be an anchor tenant of this proposed revitalization and development of the Diamond District, a natural extension of the growth of our beloved hometown. The Squirrels will be the most well-known neighbors in a new, diverse, and dynamic neighborhood. We commit to being a great neighbor and to making memories together for decades to come.

As we race toward home in our quest for a new ballpark, we are grateful to the Mayor, his City team, the Richmond City Councilmembers, VCU, and all of the other officials who have gotten us to this point. So many people have worked tirelessly to reach consensus, all understanding the need to serve the communal interest of our RVA community. How reassuring in 2022!

@PanStadiaArena