The 49ers won the Sports Business Journal's "Sports Facility of the Year" award on Wednesday for Levi's Stadium.
The state-of-the-art venue, located in Santa Clara, Calif., debuted in 2014.
Its first official sporting event was a match between the San Jose Earthquakes and Seattle Sounders, before opening up to its first full NFL season with the San Francisco 49ers.
The venue has been diverse since its opening. It held the Pac-12 Championship on Dec. 1, 2014, between the Oregon Ducks and Arizona Wildcats. The venue has also hosted an NHL Stadium Series between the San Jose Sharks and Los Angeles Kings, which took place on Feb. 21, 2015. WrestleMania 31 on March 29, 2015, set a record for attendance with 79,976 announced. Levi's Stadium is also scheduled to host Super Bowl 50 on Feb. 7, 2016.
The $1.2 billion venue has 1.85 million square feet, seats approximately 68,500 and features 165 luxury suites and 8,500 club seats.
The venue was up against AT&T Stadium (Dallas Cowboys), McLane Stadium (Baylor Bears), Staples Center (Los Angeles Clippers, Los Angeles Lakers, Los Angeles Kings) and University of Phoenix Stadium (Arizona Cardinals).