- Associated Press - Tuesday, July 19, 2016

RICHMOND, Va. (AP) - The city of Richmond Planning Commission has approved the construction of a memorial to Richmond native and civil rights advocate Maggie Walker.

Media outlets report the 6,500-square-foot memorial plaza, approved Monday, will feature a 10-foot bronze statue of Walker on a 40-inch pedestal.

The plaza will be finished by the end of the year, and the statue should be completed by March.

Walker is best known for being the first woman to charter and serve as president of a bank in the U.S. Her Richmond home is a National Historic Site.

The proposed memorial has caused some controversy because its construction may cause road closures, a rare oak tree would need to be destroyed to make room for it and it may cost taxpayers nearly $1 million.

The memorial still needs approval from Richmond’s City Council.

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