Feb 17th 2020 | Posted in Public-Private Partnerships (P3) by Government Contracting Pipeline

Virginia – The Virginia Commonwealth University (VCU) Health System released details of a proposed complex in the Navy Hill project, a development that would provide much-needed facilities and services to people in downtown Richmond.
VCU Navy Hill P3 development University health system seeks partnership to develop Navy Hill

Rendering of Navy Hill development

The project calls for redeveloping Navy Hill District’s Block D between 9th and 10th streets, from Leigh Street to Clay Street. The complex, which would be built through a public-private partnership (P3), would include 250 physician-faculty office spaces; replacement facilities for The Doorways; a new Ronald McDonald House; child care and retail pharmacy spaces; other health care-related areas; space for retail shopping and dining; and more than 1,500 parking spaces.

Block D would be sold to a private developer, and facilities would be constructed to specifications defined by partners in the P3 agreement. The facilities also would require a long-term lease.

New facilities would feature suites to accommodate immuno-compromised patients, spaces for families and communities, and dozens of sleep rooms. Officials are anticipating the complex will open in 2021.