Winners were selected by a panel of more than 660 industry professionals across 128 markets at the third annual commercial real estate awards
The Henrico Sports & Events Center was named the 2024 Commercial Development of the Year CoStar Impact Award winner for the Richmond area. Winners – chosen for their growth, diversification and ability to overcome unique challenges in their markets – were selected from a panel of more than 660 industry professionals drawn from each respective market.
The Henrico Sports & Events Center, owned by the Henrico Sports & Entertainment Authority and managed by ASM Global, has seen more than 110,000 visitors since opening in October. It has brought in an estimated $14.9 million in regional economic impact in the first quarter of 2024.
“Along with our partners at Rebkee and the county of Henrico, we are honored to receive the prestigious CoStar Impact Award,” said Dennis Bickmeier, executive director of the Henrico Sports & Entertainment Authority. “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.”
The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2023 that have significantly influenced neighborhoods or submarkets across 128 major international markets in the United States, Canada and the United Kingdom. The awards honored over 380 winners for their commercial real estate transactions across five categories: Lease of the Year, Sale/Acquisition of the Year, Commercial Development of the Year, Multifamily Development of the Year and Redevelopment of the Year.
“Now in its third year, the CoStar Impact Awards are an incredible opportunity to recognize the real estate projects fundamentally transforming the industry landscape,” said Andy Florance, founder and CEO of CoStar Group. “Our diverse panel of judges worked diligently to identify the most impactful commercial real estate projects across a range of categories that are shaping the future of the industry and the communities in which they serve. It’s an honor to recognize the companies and projects propelling the real estate sector forward.”
To learn more about the CoStar Impact Awards and review the full list of winners, visit CoStarImpactAwards.com.
