Developers of proposed Oceanfront arena ask for extension to secure funding

A rendering of the proposed 18,500 seat multi-purpose entertainment and sports arena in Virginia Beach, courtesy of United States Management.
A rendering of the proposed 18,500 seat multi-purpose entertainment and sports arena in Virginia Beach, courtesy of United States Management.

VIRGINIA BEACH, Va. (WAVY) — Developers for a proposed arena at the Virginia Beach Oceanfront have asked for a 60-day extension to secure funding.

City council will vote on whether or not to approve the extension on November 1. The vote will just be on the extension, not the deal itself. Mayor Will Sessoms says Councilmen Louis Jones and John Moss are expected to vote in favor of the extension.

Council rejected the proposed deal on October 4. Three council members voted against the proposal to transfer the land to the developer, United States Management, which resulted in an 8-3 vote. The item needed a super majority of nine votes to pass.

Council’s rejection means huge setback for Oceanfront arena plan

The 18,500 seat arena, proposed for 19th Street, has been a topic of discussion for the city for three years.

This is a developing story. Stay with WAVY.com for updates.