Henrico, Green City Partners

Updated: Henrico to take back GreenCity property after developer misses final payment deadline
The $5.2 million payment was officially due Feb. 28, but a purchase agreement for the massive arena-anchored development allowed a 10-day cure period that expired Thursday at midnight.
Henrico County, GreenCity developers part ways
Henrico County and developers for the $2 billion eco-district GreenCity have decided to part ways, according to a news release.“The parties have mutually agreed to go in a different direction, and the developers will expeditiously work to transfer the property back to the county and terminate the existing agreements.
GreenCity arena plan is dead as Henrico plans to reclaim property
The developers did not make a roughly $5 million payment Thursday, ending an ambitious project to build an environmentally friendly neighborhood at the former Best Products site in northern Henrico.
Henrico takes back former Best Products space once planned for GreenCity
Henrico County is taking back the former Best Products property that had been planned for the massive arena-anchored GreenCity development.
Henrico County’s $2.3B GreenCity project is dead
Henrico County announced Friday that it will reacquire the Best Products property from the Green City developers, saying the parties “have mutually agreed to go in a different direction."
Henrico's GreenCity plans collapse as developer misses payment deadline
Plans for a mixed-use ecodistrict that was expected to usher in a new era of development in Henrico County and provide the county with a regional entertainment attraction, in the form of a 17,000-seat arena,
Henrico to reacquire Best Products property from Green City developers
Henrico County will be reacquiring the $2.3 million Best Products property from Green City developers within the next month.
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