Henrico releases ‘request for interest’ for arena-anchored mixed-use development at Best Products Reimagined site
Prospective partners have until July 28 to submit formal responses
The Henrico Economic Development Authority, together with the Board of Supervisors of Henrico County, Virginia, and the Henrico Sports & Entertainment Authority, is pleased to issue this Request for Interest to receive Statements of Interest from proven, competent, and capitalized partners to develop 93+/- acres of real estate located at 1400 Best Plaza Drive, Henrico, VA 23227 into an arena-anchored mixed-use development. The project and property are called “Best Products Reimagined.”
Henrico, Virginia Overview
Henrico County, home to over 340,000 people, is one of the largest localities in Virginia. As a triple AAA-rated locality, Henrico has an award-winning reputation for high-quality of life and low costs of living and doing business. Specifically, Henrico has the lowest residential tax burden of the 10 largest localities in the Commonwealth of Virginia, and businesses enjoy some of the highest Business, Professional and Occupational License exemption thresholds and lowest tax rates in the region.
Our location in the Richmond metropolitan area ensures companies’ access to talent, educational institutions, world-class internet infrastructure, and a superior quality of life for their employees. Henrico’s assets enable it to support a variety of industries, so it should be no surprise that Henrico has over 50 “legacy” companies that have been located here for 50-plus years. And, according to CNBC, Virginia is the number one state for doing business.
Best Products Reimagined, conveniently located along I-95 off Parham Road and abutting I-295, is positioned at the center of an extensive Mid-Atlantic transportation network, with 55% of the U.S. population located within 750 miles – or a day’s drive. Access to major interstates, railways, ports, and airports makes it easy to get visitors to their destinations.
Henrico by the Numbers
700,000 Regional Labor Force
25,000 Businesses
7 Fortune 1000 Company Headquarters
$1.9B Visitor Spending in Henrico
$100M Sports Tourism Spending Annually
$17.9M Regional Visitors Annually
$3.7B Annual Regional Visitor Spending

