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Virginia Beach Arena Project

Sector: Road • Location: Virginia Beach, Virginia, United States

Source: NewsBreak: Local News & Alerts

Project
Planned

A proposed arena in Virginia Beach envisioned by business owner Coleman Ferguson. The project aims to build an arena next to the Virginia Beach Convention Center on 19th Street, requiring about 8 acres of land, which is hoped to be leased from the city. The project is planned to be funded through a regulated crowdfunding venture starting with a $5 million cap, aiming to eventually raise approximat

Status
Prospective
Sector
Road, Stadium
Location
Virginia Beach, Virginia, United States of America
Updated
22 Jul 2026
Source
NewsBreak: Local News & Alerts

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Project Information FAQ

Project Information

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The project “Virginia Beach Arena Project” is an infrastructure initiative in the Road sector, located in Virginia Beach, Virginia, United States. Taiyo aggregates data on it from NewsBreak: Local News & Alerts.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A proposed arena in Virginia Beach envisioned by business owner Coleman Ferguson. The project aims to build an arena next to the Virginia Beach Convention Center on 19th Street, requiring about 8 acres of land, which is hoped to be leased from the city. The project is planned to be funded through a regulated crowdfunding venture starting with a $5 million cap, aiming to eventually raise approximately $700 million without relying on city financing. The arena would initially focus on hosting events and concerts, with potential plans to bring an NBA team to the city.

Original sector

Public Services

Budget

Location

Country

United States of America (USA)

State

Virginia

City

Virginia Beach

Source

Source

NewsBreak: Local News & Alerts

URL

More Details

Record type

Project

Sector

Road, Stadium

Article published date

2025-09-16

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