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Virginia Beach Arena Proposal Doesn't Include Kings



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(Sacramento, CA)
Tuesday, August 28, 2012

The Virginia Beach, VA City Council heard its first arena proposal Tuesday.    Nowhere in the presentation was there a mention of the Sacramento Kings.

The city's economic development director and media-giant Comcast presented preliminary plans for an 18,500-seat building close to a freeway and mass transit. 

Peter Luukko with Comcast promised to pursue a professional team, "Listen, we're talking to people in sports. We're in sports.  So, I, you know, I think know where there's opportunity potentially."

Comcast and its subsidiaries have been talking with Virginia Beach since 2011.  The National Basketball Association also had talks with the city in March. 

City Councilman Bill DeSteph says he likes the project as long as  taxpayers aren't paying for it, "If this is done with private support, private equity, I fully support it.  And I'd take the whole group out to dinner on my dime, buy em some wonderful wine and show em a good time in Virginia Beach because I think it's a fabulous idea and it's a direct economic engine and a driver for our community. But, if they're asking our taxpayers to do it, then I'm gonna have to take a different look at this."

Mayor William Sessoms says the people using the arena will be the ones who pay for it.  It's now up to the city to figure out who will provide the capital to invest in the facility's construction.  The city's construction estimate is $350 million.

The arena project's marketing company, the Meridian Group, has purchased 30 website domain names.  Among them are vbkings.com and VirginiaBeachKings.com.  The company says the url's were purchased just in case.  No url's containing other professional teams were purchased.

Click here for a link to the website setup for the proposed arena.

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