City of Richmond, VCU, and Richmond Flying Squirrels Celebrate Commemorative Signing Advancing the Diamond District Redevelopment
RICHMOND, Va. - City leaders, institutional partners, and community stakeholders gathered yesterday to commemorate a pivotal agreement between Virginia Commonwealth University (VCU) and the Richmond Flying Squirrels, marking a major step forward in the Diamond District Phase 1A development.
Hosted at Sports Backers stadium, with the future CarMax Park as the perfect backdrop, the event formally celebrated the shared operating agreement that will enable both VCU and the Flying Squirrels to call the new stadium home-cementing Richmond's commitment to sports, community engagement, and inclusive economic growth.
Remarks from City and Project Partners
Mayor Danny Avula gave many thanks and praised the collaborative spirit driving the project forward: "I want to thank VCU, the Navigators, and Angie Rodgers with the Department of Economic Development for bringing everyone to the table and keeping this thing moving forward. It's really a momentous day for us here in Richmond."
City Administrator Odie Donald II emphasized that the ceremony marked an important milestone, including a personal one. "Today's milestone reflects Richmond's long-term vision for equitable and sustainable development. Through collaboration across agencies, institutions, and private partners, we're creating opportunity that touches every neighborhood."
City Council Member Katherine Jordan (2nd District), who represents the area encompassing the Diamond District, acknowledged the collaboration and dedication behind the milestone: "Getting to this stage took so many people working together," said Councilmember Jordan. "I'll keep it brief-I don't want anything to delay these folks signing."
Economic Development Authority Executive Director, Angie Rodgers, highlighted the purpose of today's event: "This commemorative signing recognizes the shared commitment of the City of Richmond, Virginia Commonwealth University (VCU), and Navigators Baseball, LLC to ensuring the long-term success of CarMax Park through a sustainable partnership that supports educational excellence, community engagement, and economic vitality within the city."
Vice President and Director of Athletics, Virginia Commonwealth University, Edward McLaughlin, added how this is a model of excellence for other cities who have an opportunity to build this sort of public-private partnership in sports:
"This is the model of how it should be, and Richmond is leading the way in doing it."
President and Managing General Partner, Navigators Baseball, LLC, Louis DiBella shared confidence in knowing this day would come:
"I always knew this day would come. It just made sense."
About the Diamond District
The Diamond District is a transformative mixed-use redevelopment project anchored by the new CarMax Park baseball stadium. Phase 1A includes residential, retail, and public space investments designed to strengthen connectivity between neighborhoods and drive inclusive growth along the Arthur Ashe Boulevard corridor.
For more information on the Diamond District project, visit www.richmondeda.com/diamonddistrict.