Under legislation proposed by a Virginia lawmaker, a newly created authority would lead the construction of a new Hampton Roads arena. (more…)
Tag Archives | virginia beach
Judge Rules in City’s Favor in Virginia Beach Arena Lawsuit
Virginia Beach officials did not breach their contract when they ended an agreement with the developer of a proposed arena in 2017, a judge ruled on Wednesday. (more…)
Virginia Beach Arena Developer Sues City
Mid-Atlantic Arena, the developer that was to have built a new Virginia Beach arena, has filed a lawsuit against the City of Virginia Beach. This comes months after the city council voted to terminate its agreement with the developer. (more…)
Attorney Alleges City Violated Virginia Beach Arena Deal
In canceling a deal on a proposed Virginia Beach arena, the city violated the development agreement for the project, according to an attorney for the developer. (more…)
Council Ends Contract With Virginia Beach Arena Developer
At a meeting on Tuesday, the Virginia Beach City Council voted to end its contract with the developer of a proposed Virginia Beach Arena. (more…)
Virginia Beach Arena Developer Plans to Meet Financing Deadline
As a crucial deadline approaches, the developer of a Virginia Beach arena says it is prepared to fulfill its financing plan. (more…)
Virginia Beach Arena Funding Still Needs to be Finalized
Funding for a new Virginia Beach arena still needs to be finalized, with the project developer needing to officially close on a loan. (more…)
Virginia Beach Arena Developer Granted Extension to Secure Loan
The developer of a proposed Virginia Beach arena project has been granted an extension by the city, effectively allowing more time to close on a loan. (more…)
Virginia Beach Arena Funding Plan Accepted
Virginia Beach officials have accepted a funding proposal for a new arena across from the city’s convention center. (more…)
Virginia Beach Arena Funding Plan Might Not Require Vote
A recently-submitted funding plan for a Virginia Beach arena would not require a city vote, if it meets a certain criteria. (more…)
Loan Commitment Presented for Virginia Beach Arena
The developer behind a proposed Virginia Beach arena presented a loan commitment on Tuesday, leaving it to be evaluated by the city. (more…)
Virginia Beach Arena Granted an Extension
On Tuesday, the Virginia Beach City Council voted to grant what it says will be its final extension to a developer seeking to build a new arena in the city. (more…)