 Former Richmond Mayor Tom Butt supported a plan to develop a 1,200-unit housing project on the land. The developer failed to produce a feasible plan to finance the $45 million project, and in June of 2022, the city sold Point Malati to the Gideville Indian Tribe for $400 with a five-year window to find their own developer. City Attorney Alisher said the city council encouraged the tribe to consider selling to a nonprofit or public entity.