2/14/2024 0 Comments Doubledown casino official websiteLast week, Mike Culpepper, a principal of Venture, said the closing was pending the completion of the bond sales.įor 25 years, Virginia Beach searched for the right developer to transform the old Dome site at the Oceanfront into a vibrant entertainment hub. Adams could not be reached after the meeting. Councilman Worth Remick referred all questions to the developer. Several city officials and representatives of the developer, Venture Realty Group, did not immediately respond to messages from The Virginian-Pilot Tuesday. “I don’t want to get ahead of any announcements that are coming here, I just want to tell you that it’s an exciting day in the city of Virginia Beach,” Adams said. An announcement will be made soon, possibly later Tuesday, he said.Īdams said “as closings are happening,” he wanted to make sure the Development Authority, which owns the land where the project will be built, was aware. No formal announcement has been made yet, but Adams said the financing for the surf park project, of which Pharrell Williams is a partner, is in place and the deal is in the process of closing.
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