NORFOLK, Va. (WAVY) – During a Norfolk City Council Works Season, members heard from consultants who are planning to transform the former Military Circle Mall.
End of an Era: Military Circle Mall closes after five decades
A top option for the 90-acre site is an indoor sports complex.
“These type of facilities can be used every single day, year-round, said Brian Connolly, Managing Principal at Victus Advisors. “During the week they tend to be used for local use. So your local teams, athletes can participate in leagues and camps and clinics like that during the week. But during the weekends they focus on sports tourism which means club teams, travel tournaments bringing hundreds of teams in that can participate for multiple days.”
He said Victus Advisors has worked in over 40 states doing financial and economic studies for sports, recreation and event developments. Some studies were in Virginia Beach and Williamsburg.
“We’re very data-driven. Doing community engagement locally regionally and even nationally,” Connolly said. “We’re coming into this project with a very strong base of understanding the sports and event facility market regionally.”