GreenCity Project Collapses in Bankruptcy | Richmond News

GreenCity Partners, the developer behind the stalled $825K+ debt-laden project once slated for Richmond’s old Best Products site, has filed for Chapter 7 bankruptcy—leaving Henrico County and ASM Global among its creditors. The collapse of this ambitious arena-and-mixed-use vision, which began in 2020, now clears the way for county-led “Best Products Reimagined” and new developer bids. Former partners Susan Eastridge and Michael Hallmark, known for past failures like Navy Hill and the Public Safety Building plan, remain silent. This bankruptcy underscores how fragile even big-city development dreams can be. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://richmondbizsense.com/2026/09/14/former-greencity-developer-files-for-chapter-7-bankruptcy/ More coverage & latest updates:https://sources.thednn.ai/e2747a6a63e2e1b4 Report issues to [email protected].