The 14-acre island is now under a conservation easement and officially part of the James River Park System, protecting it from future development and ensuring it remains a park for generations to come.
"This is a historic day for the city of Richmond and for our commonwealth," said Chris Frelke, Richmond's Director of Parks and Recreation.
Mayor Danny Avula said the vision for Mayo Island dates back decades.
"As far back as the 1980s, our city's comprehensive plan has identified Mayo Island as a priority for public access and conservation," Avula said.
Frelke explained the significance of the conservation designation.
"It means this land is now protected so there will not be development and will stay a park for generations to come," he said.
Gov. Glenn Youngkin joined Richmond leader