Thalhimer now leading Diamond District solo after development partner bows out

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The Diamond District site consists of 67 acres bordered by Arthur Ashe Boulevard, Hermitage Road, the interstate and the railroad tracks. (BizSense file images)

As Richmond-based Thalhimer Realty Partners and Chicago-based Loop Capital fend off a $40 million lawsuit from one of their former teammates in the Diamond District development, it turns out that Loop is also no longer involved in the high-profile project.

An attorney for Loop confirmed to BizSense last week that the firm is not participating in the project, leaving Thalhimer the sole principal of Diamond District Partners LLC – the development group responsible for the mixed-use portion of an overall project that includes a new ballpark to replace The Diamond.

The anchor ballpark, currently underway, is being developed separately by the Richmond Flying Squirrels…

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