Virginia Beach Arena Proposals
Private Proposals to Build a Sports and Entertainment Arena in Virginia Beach
On Nov. 8, 2013, the city received an unsolicited private proposal from the W.M. Jordan Company, HKS Sports & Entertainment, and Global Spectrum to build a sports and entertainment arena at the Oceanfront, near the Virginia Beach Convention Center.
On Nov. 12, the City Council discussed the proposed Virginia Beach Arena (VBA) in general terms and authorized City Manager James Spore to accept the proposal for further study. The council agreed to allow 90 days for competing private proposals to be submitted.
On Feb. 17, the city received one additional arena proposal from a consortium of United States Management LLC, AECOM Architects, Clark Nexsen Architects, Mortenson Construction, SB Ballard Construction and SMG. To read the USM proposal, CLICK HERE.
A Virginia Beach arena city task force will now conduct a thorough review of these conceptual proposals and will brief the City Council at a future date. The council may choose one or more proposals for further discussion with the companies.
Citizens Communications Committee
On March 24, both companies presented their proposals to the City Council-appointed Citizens Communications Committee. For a list of committee members, CLICK HERE. To view the presentation made by W.M. Jordan, CLICK HERE. To view the presentation made by USM, CLICK HERE.
The Citizens Communications Committee, along with those sitting in the audience at the March 24th meeting, submitted questions after hearing both proposals to be answered by a combination of City staff, USM, and W.M. Jordan. To view the questions and answers, CLICK HERE. This page will be updated as questions are answered. The date of posting and source of each response will also be included with the answer. Last Updated: Tuesday, April 8, 2014.
May 13, 2014 City Council Meeting
On May 13, the City Council received a briefing from Convention Sports & Leisure (CSL), a consultant brought in to provide an in depth overview of each arena proposal. To view CSL's presentation, CLICK HERE. City Council then decided to proceed with negotiations with USM and suspend discussions with WM Jordan, pending those negotiations. The goal is to develop a term sheet that is agreeable to both parties – the city and USM. We expect to learn on or about July 8 the approximate costs of infrastructure to the city and its citizens.
May 27, 2014 City Council Meeting
On May 27, the City Council adopted a resolution directing the city staff to pursue negotiations with USM, to hold the PPEA process and the Jordan proposal in abeyance pending the outcome of these negotiations, to prepare a report determining the scope and cost of public infrastructure, and continue involvement of the Citizens Communications Committee. To read the resolution and background, CLICK HERE.
July 8, 2014 City Council Meeting
On July 8, City Manager Jim Spore and Deputy City Manager Doug Smith briefed the City council on preliminary conceptual cost estimates for infrastructure related to an arena. This included parking assumptions, roadway improvements, site development, utility improvements, and overall project infrastructure costs. To view the presentation, CLICK HERE.
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(Parts of the proposals have been withheld at the request of the companies, in keeping with the Virginia Public-Private Education Facilities and Infrastructure Act of 2002, or PPEA. To read Virginia Beach’s procedures for proposals received under PPEA, CLICK HERE.)
To learn more about the 2012 Arena proposal and view the document archive, CLICK HERE.