Ponce City Market has been awarded this year’s The Outstanding Building of The Year (TOBY) Award, honoring its success as an innovative mixed-use building.

Hosted by Building Owners and Managers Association International, the TOBY awards program is one of the most prestigious and comprehensive of its kind in the commercial real estate industry, according to a Ponce City Market press release.

During the competition, all facets of a building’s operations are judged, including community involvement, tenant relations and site management, as well as environmental and “green” policies and procedures.

The competition consists of three levels, from local to regional to international. The 2018 international TOBY Awards were presented at the BOMA International Conference in June.

Ponce City Market received the award for the mixed-use category, which honors properties with office, retail, entertainment, residential, hotel and recreation components.