CarMax Park opened in April 2026, and the Diamond District's next phase is already breaking ground
Richmond's Diamond District, a nearly 70-acre transformation of aging stadium-district land into a coordinated sports, entertainment, and mixed-use neighborhood, reached a genuine, delivered milestone in April 2026 when CarMax Park, the new home of the Richmond Flying Squirrels minor league baseball team, officially opened. That completion gives the broader district a concrete, operating anchor rather than a still-under-construction promise, a meaningful credibility marker for everything being built around it.
The next phase is moving forward directly beside that completed anchor. The Dōma apartment building, the first residential structure in the district's initial phase, delivers 276 market-rate units, with construction scheduled to begin in June and completion targeted for early 2028. A trophy office building anchored by Richmond law firm Hirschler is set to open in 2028 as well, alongside new retail space outside the CarMax Park entrance, with a sports bar already planning to open there. The overall project scope envisions nearly 280 apartments, a multi-tenant office building, and new retail space taking shape around the ballpark over a five-year completion horizon.
Honest read: with CarMax Park delivered and operating while the surrounding residential, office, and retail components remain under construction through 2028, the Diamond District is in the classic mid-transformation state where a rendering brief needs to be explicit about what already exists, the ballpark, versus what is still being built around it.