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EDA approves extension for Jefferson Ridge due diligence to Jan. 23, 2026; staff updates on site work and grants
Summary
The Lynchburg Economic Development Authority approved a short extension of the due-diligence period for Jefferson Ridge to Jan. 23, 2026, and heard staff updates on the 109 Ramsey Place closing, RFPs for city-owned property, Virginia Business Ready Sites work, an Enterprise Zone redesignation and park covenant updates.
The Lynchburg Economic Development Authority voted to approve an extension of the due-diligence period for the Jefferson Ridge property to Jan. 23, 2026, after staff said some reports and committee briefings were not yet complete.
Chair explained the deadline for the due-diligence period was approaching and staff asked the Authority to memorialize an extension that had been granted informally. Staff member (Speaker 2) said the party granting the extension —…
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