Well, that didn’t take long: last night the Virginia Beach City Council rejected a proposal by Drakkar America to fund a new 22,000-seat arena on the city’s Oceanfront area, saying the city couldn’t afford to back the project. The proposal would have had the city guaranteeing all the debt on the $350-million project, an amount […]
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New 22,000-seat arena pitched for Hampton Roads
Drakkar America, a Norfolk consulting firm, is pitching a 22,000-seat arena for the Virginia Beach waterfront near the Convention Center and is looking for assistance from the city to help cover the $350-million price tag. The Virginia Beach City Council will discuss the matter tonight in closed session. The proposal from David Tollacksen is still […]
