Rivianna Proposal Takes A Step Forward
The developer, Rivianna LLC, was seeking three approvals for the $80 million Rivianna development proposal at Monday’s City Plan Commission meeting. The building would contain a maximum of 236 hotel rooms and 186 apartments, and 430 parking spaces, of which 276 parking spaces will be reserved for the residential component. The two-level riverwalk, will feature the same Ipe wood that is used in the Third Ward’s riverwalk, would allow for three public boat slips, a water taxi slip, and about twenty private boat slips. It was presented by the developer that proposal would create between 1,000 to 1,200 jobs with 200 to 300 of them being permanent jobs once construction was completed. Construction would take about thirty months from the time the first shovel is in the ground until completion. Rivianna LLC is planning to break ground on this project this summer, depending on if they can obtain financing.
The City Plan Commission voted in support of the proposal with only one vote in opposition. This proposal will now go before the Zoning, Neighborhoods & Development Committee.