Henrico hopes to lure new arena to county as demolition of former Best Products HQ is set to begin
Henrico County leaders are moving forward with the demolition of the former Best Products headquarters to make way for a proposed $2 billion arena and mixed-use development.
The 93-acre site along Brook Road near Interstate 95 has sat empty since the late 1990s. Best Products, founded in Richmond in 1957 by Sydney and Frances Lewis, was known for its unique store designs and catalog business before filing for Chapter 11 bankruptcy protection in January 1991 and eventually shutting down in 1997.
On Monday, former employees and their families gathered to tour the building and witness the turning point for the property, which features curved green glass and iconic eagle statues that stood as a symbol of innovation.
County leaders expect demolition to become visible within the next several months.
The goal is to transform the property into a "pad-ready" site for an arena-anchored development that could create thousands of jobs, new housing, and become a hub for business and entertainment.
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