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Business News and Events
in Chesterfield County, Virginia
Read the entire article online at the Richmond Times-Dispatch web site >>>SportsQuest -- the 250-acre, $250 million sports mega-complex slated for groundbreaking in weeks in Chesterfield County -- has gotten another significant financial boost courtesy of federal stimulus funds.
The county today announced plans to allocate an additional $15 million in recovery-zone bonds to the project through American Recovery and Reinvestment Act of 2009.
SportsQuest received its first $15 million allocation in December as the only private economic development project in the county that qualified.
Earlier this month, unused bonds from across the state went into a pool. Then-Gov. Timothy M. Kaine last week allocated the additional money to Chesterfield for SportsQuest.
Bill Richardson doesn't think of himself as an environmentalist so much as a "green entrepreneur."
"I like taking something that is thrown away and making it into a useful product, especially a product that replaces hazardous materials," he said.
Richardson's green venture is all about glass, as illustrated by the 25 tons of shattered glass piled at the bay doors of his company's plant in Chesterfield County. The broken bits of green, amber and clear glass are what is called "post-consumer" waste, including jars and the remnants of countless castaway beer bottles.
"What we are doing is taking glass that would go into landfills, diverting it from landfills and making 100 percent green products," he said.
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