RICHMOND, Va. — A two-pronged redevelopment plan by Mayor Dwight Jones could turn into a costly double play for city taxpayers.

Richmond’s corporate elites are backing Jones’ proposal to build a downtown baseball stadium for the minor league Flying Squirrels and raze the team’s northside Diamond to make way for new development.

City residents, including a majority of the City Council, remain skeptical. Some brand it a giveaway to private developers. Others call it a cultural disaster.