Richmond, GRTC searching for developer for Downtown Transfer Hub

Richmond, GRTC searching for developer for Downtown Transfer Hub

RICHMOND, Va. (WRIC) -- Richmond and the Greater Richmond Transit Authority (GRTC) are officially looking for a developer for the Downtown Transfer Hub, which officials say will be "a modern transit anchor and vibrant mixed-use destination."

In a press release on Thursday, Nov. 20, the city announced that it and the GRTC have released a Request for Qualifications (RFQ) for the design and delivery of the Downtown Transfer Hub and an accompanying mixed-use overbuild.

The chosen developer will replace outdated GRTC facilities with a "state-of-the-art" 10-bay transfer hub, per the city. Said hub will feature rider amenities and operator support spaces, while the overbuild may include residential, commercial, retail and "other placemaking components," the city said.

“This project represents the kind of bold, future-focused investment that helps Richmond grow equitably and sustainably,” said Mayor Danny Avula in the release. “By strengthening our transit network and activating a critical downtown site with new housing, retail and public space, we are setting the stage for a more connected, innovative and people-centered Richmond. I look forward to continued progress as we build a more thriving urban core.”

GRTC warns of severe financial shortfall by 2031, service cuts likely

The site for this development is 500 N. 10th Street, the former home of the city's Public Safety Building. This property was chosen because it's located where GRTC's East-West routes and the planned North-South Pulse Rapid Transit (BRT) line meet.

“This is monumental for GRTC,” said GRTC's chief executive officer, Sheryl Adams, in the release. “The Downtown Transfer Hub will improve reliability, efficiency and safety across our system while offering riders a comfortable, high-quality experience. We are proud to lead this effort and to partner with development teams who share our commitment to thoughtful, transit-supportive design.”

Per the city, public funding for the Downtown Transfer Hub has already been secured or is "advancing toward approval," while "additional financing tools" will be used to support the mixed-use spaces.

“By integrating a modern transfer hub with mixed-use development, we are creating a destination that supports riders, encourages investment and strengthens the economic heart of the region,” said GRTC's chief development officer, Adrienne Torres, in the release.

Richmond restaurant among OpenTable’s Top 100 for 2025

A virtual pre-response conference for the RFQ will be held on Monday, Dec. 1 and a Q&A period will remain open until Monday, Dec. 8. Responses to the RFQ are due by Jan. 30, 2026.

The city said it plans to issue a Request for Proposals in winter 2026 and the final developer will ideally be chosen by the end of 2026.