Filling a need for indoor space to host high school basketball and other indoor sports tournaments and local indoor recreation sports leagues, the proposed 220,000-square-foot, 4,500-seat indoor sports arena is set to be built at Virginia Center Commons mall on the site of the former Sears department store, which closed in January 2019.
The county Board of Supervisors approved a $50 million public-private investment for the project, financed by a bond sale. In November, the board authorized purchasing the 25-acre site and entered negotiations with Richmond construction company The Rebkee Co., which submitted an $8.3 million proposal.
https://www.virginiabusiness.com/article/henrico-indoor-arena-heads-for-goal-line/