News & Resources
EDA Requests Proposals for Redevelopment of Intermediate Terminal Building Property

Richmond, VA—The City of Richmond’s Economic Development Authority (EDA) is pleased to announce a Request for Proposals (RFP) for the reuse, redevelopment, or rehabilitation of the Intermediate Terminal Building (ITB) located at 3101 E. Main Street, Richmond, Virginia 23219.
The building, situated along the James River adjacent to the Rocketts Landing neighborhood, the Riverfront Pulse BRT, and Capital Trail, was originally built in 1938 as a warehouse facility for the storage of raw sugar, sand, gravel, gas, and oil, among other items.
“This is a rare opportunity to shape the future of Richmond’s riverfront,” said Interim CAO Sharon Ebert. “With direct access to the James River, a vast and thriving trail network, access to multi-modal transportation, and close proximity to City economic and cultural hubs in Shockoe Bottom and Downtown, the ITB offers a unique blend of a number of our City’s most exciting attractions.”
Among the criteria by which proposals will be evaluated are (in no particular order):
🔹Total fiscal impact
🔹Community benefits
🔹Developer/business experience
🔹Proposed use
“This site is more than just a development opportunity,” said Acting EDA Director Matt Welch. “It is a chance to create something that connects people to their environment, to enhance our outdoor recreational assets, and to fuel Richmond’s economic momentum. So we are looking for proposals that are fit for that purpose, and which keep the community and the natural landscape front of mind.”
📅 Key Dates:
🔹 Issuance Date: July 7 – Click here for RFP.
🔹 Pre-submission Site Tour (Not Mandatory): July 24, from 11:00 a.m. – 1:00 p.m.
🔹 Respondent Questions Due: July 28, 3:00 p.m.
🔹 Reponses to Respondent questions posted by EDA: August 14, 3:00 p.m.
🔹 Submission Due: August 28
Please contact DJ Mulkey at douglas.mulkey@rva.gov if you have any questions.
Want to learn more about Richmond? Reach out to Richmond Economic Development.