Apr 30, 2024 - Business

2 hotels and restaurants coming near new Henrico sports facility

An aerial view of an empty lot with 1 big building

The current site around Henrico Sports & Events Center. Image: Courtesy of Henrico County

Richmond-based Shamin Hotels will build two hotels and two restaurants as part of the mixed-use developments rising around Henrico Sports & Events Center.

Why it matters: It's the latest development announced for Henrico County's massive sports center-anchored complex that is transforming the former site of Virginia Center Commons mall and driving millions in economic impact to the county.

State of play: Shamin broke ground last week on a Residence Inn that will be followed by a Home2 Suites hotel, collectively offering 225 rooms, per NBC12.

  • Shamin Hotels CEO Neil Amin also told NBC12 he's hoping to partner with a local operator to open a restaurant that's "authentic and local."
  • Both are expected to open in 2026.

Fun fact: Shamin owns and operates around 65 hotels on the East Coast, with the majority in the Richmond area.

  • These two hotels will be their 21st and 22nd in Henrico.

The big picture: Henrico Sports & Events Center opened in October and hosted more than 100,000 visitors in its first four months, according to the county.

  • Sports tourism — youth athletes and their families traveling to compete in youth sports tournaments — is by far the biggest driver of tourism to the Richmond region.
  • For the last two years,before the center opened, Henrico has taken nearly half of all tourism spending in the seven localities that make up the region.

What's next: Housing is also planned around the sports center, including 400 condos or townhouses and hundreds of apartments, per the Times-Dispatch.

  • The first 275 apartments should be available this fall.

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