Gilbane Building Co. Completed CarMax Park in Richmond

The newly finished stadium serves as the centerpiece of the city's 67-acre Diamond District redevelopment project.

Updated on Oct. 6, 2026 in Construction

Isometric editorial illustration of a modern stadium facade with structural steel and concrete tiers, representing urban infrastructure redevelopment.
Gilbane Building Co. and Prestige Construction have finished work on CarMax Park in Richmond, the anchor venue for the Diamond District redevelopment project. AI Illustration. Upload story photo >

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Gilbane Building Co. and Prestige Construction have finished work on CarMax Park in Richmond, Virginia. The venue stands as the primary feature of the Diamond District redevelopment effort.

Why it matters

The project required complex coordination due to surrounding future private development sites and strict infrastructure interdependencies. Targeted design adjustments allowed the team to streamline construction by eliminating the need for a pumped dewatering system.

The completed facility features more than 6,000 sq ft of flexible interior space and nearly 200 exterior seats. This new construction anchors the broader 67-acre Diamond District site.

The players

Gilbane Building Co.

This construction firm served as a manager for the CarMax Park project in Richmond.

Prestige Construction

This company partnered with Gilbane Building Co. to manage the stadium's construction.

The details

The project team optimized site grading and avoided right-of-way encroachment to ensure the stadium reached completion on schedule. The facility includes a climate-controlled lounge that provides direct views of the field.

Timeline

  1. October 6, 2026: Article publication confirming stadium completion.

Market Landscape

The completion of CarMax Park represents a significant milestone in the city's execution of the Diamond District redevelopment master plan. This facility anchors a major push to modernize infrastructure and stimulate further private investment in the local area.

Residents and local business owners can expect increased activity and potential infrastructure changes as the Diamond District site continues to develop. The stadium completion provides a new anchor for regional events and future retail or residential growth.

The takeaway

The successful delivery of this stadium demonstrates how proactive engineering solutions can resolve complex site dependencies in dense urban projects. Future developments in the district will likely build upon the infrastructure and traffic management strategies established here.

Further reading

For more information on local development, see Richmond Construction.

Source note: This article includes information reported by Engineering News-Record (ENR) magazine.

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