This article examines newspapers, archival collections, interviews, and personal papers to place Richmond, Virginia, at the center of the national debate about public–private revitalization projects. Since World War II, America’s urban leaders, led by interracial coalitions of black politicians and white business elites, have used racial capitalism to promise that tax-funded redevelopment projects would enrich their cities, provide better public services, and reconcile the legacy of racist urban planning. Richmond’s issues with Project One and the Sixth Street Marketplace in the 1980s, as well as recent issues with the Navy Hill Project, reveals the continuum of political and economic peril that comes with using such plans. Because urban revitalization is supremely profit-driven and shaped by the economic thinking that created disparate levels of white corporate wealth and black urban poverty, it is bound to exacerbate systemic racism.

本文研究了报纸，档案馆藏，访谈和个人报纸，将弗吉尼亚州的里士满置于关于公私合营项目的全国辩论的中心。自第二次世界大战以来，由黑人政治家和白人商业精英组成的跨种族联盟领导的美国城市领导人利用种族资本主义承诺，由税收资助的重建项目将丰富其城市，提供更好的公共服务并调和种族主义城市的遗产规划。里士满（Richmond）在1980年代与第一项目和第六街市场有关的问题，以及与海军山项目有关的近期问题，揭示了使用此类计划所带来的政治和经济危机的连续性。