Henrico Sports & Events Center named commercial development of the year in Richmond region

The Henrico Sports & Events Center has received the CoStar Impact Award for the Commercial Development of the Year in the Richmond area.

The arena was one of more than 380 winners announced April 29 across five categories as part of the national awards. It opened in October and has witnessed more than 110,000 visitors in the months since, having created an estimated $14.9 million in regional economic impact during the first three months of this year.

The CoStar Impact Awards are presented annually and aim to recognize real estate transactions and projects that have made a significant impact on neighborhoods or submarkets across the United States, Canada, and the United Kingdom. The awards are judged by a panel of more than 660 industry professionals from each of the markets in which awards are given.

“We are grateful for this acknowledgment and remain steadfast in our mission to develop impactful spaces that inspire and enrich the lives of our residents and visitors alike,” said Dennis Bickmeier, executive director of the Henrico Sports and Entertainment Authority.

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