Virginia Beach is ready for a world-class arena. As the largest city in the state of Virginia and a leader in attracting visitors to its beaches, festivals and other outdoor venues, Virginia Beach is the perfect host and setting for a year-round, multi-purpose entertainment and sports venue. United States Management, LLC (USM), a special purpose entity and affiliate of The ESG Companies, is the City's choice to bring this project to fruition. The management of USM and The ESG Companies are well respected for their commitment to bring innovative amenities to the Virginia Beach and Hampton Roads communities.
Wednesday, October 5, 2016 | Virginia Beach, VA
United States Management is very disappointed that it cannot move forward immediately to secure an investor to purchase bonds to finance construction of an 18,000-seat capacity entertainment and sports arena in the city. USM and its team are regrouping to determine options to still build a state-of-the-art arena for the region.
Monday, October 3, 2016 | Virginia Beach, VA
The Virginia Beach Arena will be a game changer for the City of Virginia Beach and the region. A recent independent financial feasibility study indicated that the arena development would provide a severely under-met need for a large arena within the market place.