Henrico County is pleased with the response and looks forward to reviewing the “statements of interest” that were submitted by prospective partners for an arena-anchored, mixed-use development on the former Best Products property. The county received multiple submissions for both the arena and the mixed-use development aspects of the proposal by the July 28 deadline. The submissions include ones by entities with world-class experience and credentials.
Over the coming weeks, a committee that will include representatives of the county, the Henrico Economic Development Authority and the Henrico Sports & Entertainment Authority will conduct a thorough review of the submissions as well as the qualifications of the submitting entities. We believe this process will allow us to identify a partner or partners with the vision, experience and capacity to deliver a development that will provide entertainment and other quality-of-life benefits to our community while leveraging the extraordinary interstate access and other unique attributes of the property. We are hopeful this process will allow a proposal to be advanced for consideration by the Board of Supervisors in late 2025.
For more information on Henrico’s “request for interest” for the proposed development, visit henrico.gov/best-products-reimagined/.