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Richmond finalizes purchase of 95 acres for new park, travel route development

Summary by WRIC
RICHMOND, Va. (WRIC) -- The City of Richmond has finalized its purchase of the Altria Site in the city's Southside. On Thursday, March 27, the City of Richmond finalized its purchase of the 95.93-acre site from Philip Morris USA for the amount of $5.5 million. According to the City of Richmond, the purpose of the purchase is to design a new park in the Southside and establish a new travel route. In addition, a market study will be conducted to f…

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WRIC broke the news in Richmond, United States on Tuesday, April 1, 2025.
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