Richmond council establishes industrial development district for Prosper Tech
The Richmond City Council approved Resolution 2026-9 to establish a 6.328-acre industrial development district on Skinner Drive for Prosper Tech Machine and Tool, allowing the company to seek an industrial facility tax exemption after proposing over $12 million in investment and about 40 new jobs.
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The Richmond City Council voted to approve Resolution 2026-9 on a 6.328-acre Industrial Development District for Prosper Tech Machine and Tool, LLC, a step that allows the company to apply for an industrial facility tax exemption under the city’s policy.
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