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Richmond City Council secures $2M for Downtown Transit Hub project

March 29, 2025 | Central Virginia Transportation Authority, Boards and Commissions, Executive, Virginia


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Richmond City Council secures $2M for Downtown Transit Hub project
The Central Virginia Transportation Authority (CVTA) made significant strides in enhancing regional transportation during its recent meeting on March 28, 2025. A key highlight was the unanimous approval of a $2 million allocation from the USDOT Build America grant, contributing to a total project budget of $3 million aimed at developing a downtown transit hub in Richmond. This initiative is expected to attract national and local experts to assess and optimize transit-oriented development in the area, addressing a critical need that has persisted for decades.

The meeting also underscored the impact of CVTA funding on local economies. A representative from New Kent County shared that the CVTA's investment of $100 million for the extension of Route 64 has facilitated the establishment of a new Target distribution center, which will create approximately 500 jobs. This development, alongside the recent opening of an AutoZone facility, marks a significant economic boost for the region, highlighting the effectiveness of CVTA's financial support in fostering job creation and business growth.

Additionally, discussions included updates on infrastructure improvements, such as the ongoing widening of Route 64, which is expected to enhance traffic flow and safety. The meeting concluded with acknowledgments of the collaborative efforts between local governments and the CVTA, emphasizing the importance of continued partnerships in advancing transportation projects that benefit the entire Central Virginia community.

As the CVTA moves forward, the focus remains on leveraging funding and expertise to deliver impactful transportation solutions that not only improve transit access but also stimulate economic development across the region.

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