Trail of bankruptcy and fraud charges adds twist to derailed Richmond housing development

Several current Richmond city councilmembers and the city attorney’s office did not return requests for comment by press time.

The Miraflores development in Richmond originally proposed to build 190 units on 7.3 acres of city-owned land near Interstate 80 and Macdonald Avenue. In addition to commercial housing, Richmond officials hoped to construct affordable senior housing, develop a “greenbelt” park and a creek on site, and relocate the historic former Japanese flower nursery structures on the 16-acre property for rehabilitation.

Richmond’s redevelopment successor agency first selected Miraflores Community Devco, LLC to develop the land in July 2014, according to city documents. Subsequently, the city inked an Exclusive Right to Negotiate Agreement in September 2015 and a Disposition and Development Agreement was signed in 2016.

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