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'Insufficient due diligence' partly to blame for costly VCU Health development deal

Rendering VCU Health System tower
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RICHMOND, Va. -- “Insufficient due diligence,” turnover in management, and a “‘Get it done’ attitude” were among the factors that contributed to VCU Health’s costly exit from a downtown development, according to a third-party review that was presented Wednesday.

The boards for the health system and Virginia Commonwealth University received the findings of the review from national law firm Saul Ewing in a closed session meeting that stretched four hours.