Richmond: Contractors, manager named in new baseball stadium project

The new $110 million home of the Richmond Flying Squirrels and VCU Baseball is a big step closer to coming to fruition.

The city has selected Providence, R.I.,-based Gilbane Building Co. and North Chesterfield-based Prestige Construction Group to lead the construction of the new 10,000-seat stadium, which is slated to open in 2026.

The Houston-based Machete Group, an advisory firm, will manage the stadium project, per the release.

The stadium is part of a larger 67-acre, $2.4 billion mixed-use development, The Diamond District Project that will include residential and commercial spaces and a public park.

“We’re excited to have formed a dream team with Gilbane and Prestige to build our new home,” said Lou Dibella, Managing General Partner for the Flying Squirrels. “Their experience speaks for itself, and I am confident they will deliver a first-class venue for our fans and the Richmond community.”