House approves using portion of sales tax to help build new ballpark

Posted by Terry Alexander

RICHMOND, VA (WWBT) - Developers wanting to build a new stadium Richmond's in Shockoe Bottom are one step closer to their goal.

A house finance committee approved a bill today that would allow developers to finance the project with a portion of the sales tax generated by the stadium and surrounding development.

The developers pitching a ballpark for the bottom have until August first to get preliminary city approval.

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