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THE CITY OF VIRGINIA
BEACH GAVE A SEVENTH
EXTENSION TO A
TEXAS DEVELOPER, WITH
BIG PLANS TO BUILD ON THE
FORMER "DOME"
SITE.
RIGHT NOW, THE LAND
BETWEEN 18TH AND 20TH
STREETS AT THE
OCEANFRONT, IS JUST AN
EMPTY PARKING LOT.
BUT DEVELOPER MICHAEL
JENKINS WANTS TO BUILD A
BROADWAY STYLE THEATER,
AN ICE SKATING RINK,
INDOOR AMUSEMENT PARK AND
OTHER
ATTRACTIONS THERE.
JENKINS HAS STRUGGLED TO
RAISE THE
150-MILLION-DOLLARS
NEEDED, BUT WITH A
PROPOSED ARENA
BRINGING ATTENTION TO THE
BEACH, INVESTORS HAVE A
RENEWED INTEREST.
UNLIKE THE PREVIOUS
EXTENSION, THIS ONE GIVES
JENKINS
JUST ONE MORE MONTH TO
FINISH RAISING THE MONEY.