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+----- Thread: Virginia beach arena moves forward (/thread-757187.html)
Virginia beach arena moves forward - Razor Ramon Monarch - 11-10-2015 06:52 PM
Looks like this will be coming to a head soon and there will be a vote on it soon.
Sounds like all 200 million will be picked up by the private company behind this.
I'm interested to see how this all plays out.
Hockey team? NBA team? Nothing?
What's the game plan? How will odu football/basketball make out in all of this?
Hmm...
Virginia beach arena moves forward - First time Long time - 11-10-2015 07:01 PM
Private equity guarantees it won't be nothing.
RE: Virginia beach arena moves forward - n2theblue72 - 11-10-2015 08:26 PM
(11-10-2015 06:52 PM)Razor Ramon Monarch Wrote: Looks like this will be coming to a head soon and there will be a vote on it soon.
Sounds like all 200 million will be picked up by the private company behind this.
I'm interested to see how this all plays out.
Hockey team? NBA team? Nothing?
What's the game plan? How will odu football/basketball make out in all of this?
Hmm...
I heard that 50 mil. will be picked up by the city of va. beach.
RE: Virginia beach arena moves forward - paintedblue2 - 11-10-2015 08:30 PM
(11-10-2015 08:26 PM)n2theblue72 Wrote:(11-10-2015 06:52 PM)Razor Ramon Monarch Wrote: Looks like this will be coming to a head soon and there will be a vote on it soon.
Sounds like all 200 million will be picked up by the private company behind this.
I'm interested to see how this all plays out.
Hockey team? NBA team? Nothing?
What's the game plan? How will odu football/basketball make out in all of this?
Hmm...
I heard that 50 mil. will be picked up by the city of va. beach.
That 50 million is not going to the arena but rather to support infrastructure such as widened roads, and landscaping in the arena area. All of that money will come from tourism generated taxes.
RE: Virginia beach arena moves forward - n2theblue72 - 11-10-2015 08:34 PM
(11-10-2015 08:30 PM)paintedblue2 Wrote:HMMM... now there's a new concept. The city is actually considering widening the roads BEFORE it begins a project.(11-10-2015 08:26 PM)n2theblue72 Wrote:(11-10-2015 06:52 PM)Razor Ramon Monarch Wrote: Looks like this will be coming to a head soon and there will be a vote on it soon.
Sounds like all 200 million will be picked up by the private company behind this.
I'm interested to see how this all plays out.
Hockey team? NBA team? Nothing?
What's the game plan? How will odu football/basketball make out in all of this?
Hmm...
I heard that 50 mil. will be picked up by the city of va. beach.
That 50 million is not going to the arena but rather to support infrastructure such as widened roads, and landscaping in the arena area. All of that money will come from tourism generated taxes.
RE: Virginia beach arena moves forward - bit_9 - 11-10-2015 08:54 PM
Ill be watching closely. If they vote yes Santa came early that's for sure. Big project.
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RE: Virginia beach arena moves forward - paintedblue2 - 11-10-2015 09:02 PM
(11-10-2015 08:54 PM)Cr8n Wrote: Ill be watching closely. If they vote yes Santa came early that's for sure. Big project.
Sent from my SM-G925V using Tapatalk
Good luck. From some reports I have been reading it seems as though a yes vote may be a fait acompli.
RE: Virginia beach arena moves forward - bit_9 - 11-10-2015 09:37 PM
Yeah. The comments of the pilot are always a interesting read on the far ends of societies bell curve of sanity.
RE: Virginia beach arena moves forward - devyanks90 - 11-10-2015 10:11 PM
ODU Basketball gets a better chance to host the CUSA tourney and/or early rounds of the NCAA tournament
RE: Virginia beach arena moves forward - Monarch Homselr - 11-10-2015 10:55 PM
[/quote]
HMMM... now there's a new concept. The city is actually considering widening the roads BEFORE it begins a project.
[/quote]
I'll drink to that! As a Realtor who for years, especially the 80' and 90's, n failed to grasp how VB and Chesapeake allowed developers to build massive housing areas along two lane roads!
RE: Virginia beach arena moves forward - monarx - 11-10-2015 11:04 PM
I don't think this is a good thing for ODU.
RE: Virginia beach arena moves forward - MONARCHSWIN - 11-11-2015 07:05 AM
(11-10-2015 11:04 PM)monarx Wrote: I don't think this is a good thing for ODU.
There's no question that it would draw business away from the TED.
RE: Virginia beach arena moves forward - bit_9 - 11-11-2015 07:43 AM
(11-10-2015 10:55 PM)Monarch Homselr Wrote: HMMM... now there's a new concept. The city is actually considering widening the roads BEFORE it begins a project.
I think they've learned. The development over Grassfield (we were looking over there) the city made the developer leave a large chunk of land running from Cedar through to Shillelagh for the future. I asked them "is that intersection going nowhere going to cut through to Cedar?" "Maybe? The city wouldn't let them develop on it in case there is need for more roads" ... I was like.. high5!
RE: Virginia beach arena moves forward - Friar Tuck 4400 - 11-11-2015 08:17 AM
(11-11-2015 07:05 AM)MONARCHSWIN Wrote:(11-10-2015 11:04 PM)monarx Wrote: I don't think this is a good thing for ODU.
There's no question that it would draw business away from the TED.
True, but UCF manages to make it having the Magic right there in Orlando. We could make it work.
RE: Virginia beach arena moves forward - benny_t - 11-11-2015 08:33 AM
(11-11-2015 07:43 AM)Cr8n Wrote:(11-10-2015 10:55 PM)Monarch Homselr Wrote: HMMM... now there's a new concept. The city is actually considering widening the roads BEFORE it begins a project.
I think they've learned. The development over Grassfield (we were looking over there) the city made the developer leave a large chunk of land running from Cedar through to Shillelagh for the future. I asked them "is that intersection going nowhere going to cut through to Cedar?" "Maybe? The city wouldn't let them develop on it in case there is need for more roads" ... I was like.. high5!
The way southern Chesapeake is developing there will always be a need for more roads. The problem with that is the city needs money to build more roads. If you look at the master transportation plan, the plan is nice but where does the money come from. The dominion blvd project is somewhere around 220 million and there is a study to develop that corridor into a mixed use corridor but that will be several years before any tax money is generated. Then that is not counting any tax break incentives that might be given to get some big name companies to move in or develop it.
Apparently there was a plan with the Army Core to widen the canal bridge over George Washington but they said we didn't have the other infrastructure in place, cedar and George Washington were only 2 lanes. The city made moses grandy and widened GW then army core decided the bridge was not there responsibility, only the canal was so that plan got delayed until Dominion is finished.
RE: Virginia beach arena moves forward - ODU2K1 - 11-11-2015 08:47 AM
(11-11-2015 07:05 AM)MONARCHSWIN Wrote:(11-10-2015 11:04 PM)monarx Wrote: I don't think this is a good thing for ODU.
There's no question that it would draw business away from the TED.
I don't see this having a big impact on The Ted. It may pull some shows that would have gone come to The Ted but really the show that will be going to the VB Arena will be larger shows that would have bypassed Hampton Roads because we don't have a building large enough. The venue that needs to be concerned is Scope. They will have the Ads and the MEAC Tournament and that is about it.
RE: Virginia beach arena moves forward - MonGNARch - 11-11-2015 09:21 AM
Does anyone know if there are any rendering or anything of that sort out already? Will we know the capacity? What kind of arena it will be? etc
I'm a stadium junkie and love knowing things like this lol
RE: Virginia beach arena moves forward - bit_9 - 11-11-2015 09:25 AM
(11-11-2015 08:33 AM)benny_t Wrote:(11-11-2015 07:43 AM)Cr8n Wrote:(11-10-2015 10:55 PM)Monarch Homselr Wrote: HMMM... now there's a new concept. The city is actually considering widening the roads BEFORE it begins a project.
I think they've learned. The development over Grassfield (we were looking over there) the city made the developer leave a large chunk of land running from Cedar through to Shillelagh for the future. I asked them "is that intersection going nowhere going to cut through to Cedar?" "Maybe? The city wouldn't let them develop on it in case there is need for more roads" ... I was like.. high5!
The way southern Chesapeake is developing there will always be a need for more roads. The problem with that is the city needs money to build more roads. If you look at the master transportation plan, the plan is nice but where does the money come from. The dominion blvd project is somewhere around 220 million and there is a study to develop that corridor into a mixed use corridor but that will be several years before any tax money is generated. Then that is not counting any tax break incentives that might be given to get some big name companies to move in or develop it.
Apparently there was a plan with the Army Core to widen the canal bridge over George Washington but they said we didn't have the other infrastructure in place, cedar and George Washington were only 2 lanes. The city made moses grandy and widened GW then army core decided the bridge was not there responsibility, only the canal was so that plan got delayed until Dominion is finished.
Thanks for the info! That's part of the reason why we decided to buy over on the other side of Hickory. I heard about the volume of permits for residential being submitted by contractors and developers and the growth about to happen over there. Wanted to avoid that chaos.
RE: Virginia beach arena moves forward - paintedblue2 - 11-11-2015 09:26 AM
(11-11-2015 09:21 AM)MonGNARch Wrote: Does anyone know if there are any rendering or anything of that sort out already? Will we know the capacity? What kind of arena it will be? etc
I'm a stadium junkie and love knowing things like this lol
It will have a capacity of 18,000. Google the VB Arena, there are pics. of the renderings. Also google Pinnacle Bank Arena, it is a similar project, but it seats closer to 14K.
RE: Virginia beach arena moves forward - bit_9 - 11-11-2015 09:30 AM
Like the BB Prac facility if I can get my hands on renderings or info that I'm allowed to share I will.