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City Plans Golf Course Sale To Dragas Associates

City of Virginia Beach logoCity of Virginia Beach
Disclosed value
$7,940,000
From agendapacket
Document date
Jul 14, 2026

The 30-second brief

What it covers

The City of Virginia Beach is considering an ordinance to declare roughly 300 acres at Virginia Beach National Golf Course as surplus and sell the property to Dragas Associates, Inc. for $7,940,000 under a Purchase and Development Agreement. The developer would redevelop the golf course and surrounding land with renovated golf facilities, new housing units, and related amenities as detailed in the June 2026 Term Sheet.

Who holds it

Dragas Associates Inc holds this construction contract with City of Virginia Beach. Its other public contracts on record include work for Virginia Beach Public Utilities and City of Chesapeake.

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Contract details

Contract type
Construction
Amount
$7,940,000
Document date
July 14, 2026
Vendor
Dragas Associates Inc
Agency
City of Virginia Beach
Source document
City of Virginia Beach AgendaPacket City Council Meeting 2026-07-14 (AgendaPacket)

Dragas Associates Inc's other public contracts

City of Virginia Beach, VirginiaCity Plans Golf Course Redevelopment Deal With Dragas · Aug 11, 2026UndisclosedVirginia Beach Public Utilities, VirginiaVirginia Beach Considers $17.94 Million Dragas Property Sale · Aug 11, 2026Virginia Beach Public Utilities, VirginiaVirginia Beach Considers Dragas Golf Course Development Agreement · Jul 14, 2026Virginia Beach Public Utilities, VirginiaVirginia Beach Recommends Golf Course Sale to Dragas Associates · Jul 7, 2026City of Chesapeake, VirginiaHugo Property Rezoning Approved for Dragas Associates, Inc. · Jul 15, 2025UndisclosedAll Dragas Associates Inc contractsVendor profile

More City of Virginia Beach contracts

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Questions about this contract

Who was awarded the construction contract by City of Virginia Beach?

Dragas Associates Inc was awarded this construction contract by City of Virginia Beach, as recorded on July 14, 2026. The contract value is $7,940,000.

How much is the Dragas Associates Inc contract with City of Virginia Beach worth?

The Dragas Associates Inc contract with City of Virginia Beach is valued at $7,940,000, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Virginia Beach AgendaPacket City Council Meeting 2026-07-14 (AgendaPacket), dated July 14, 2026 from City of Virginia Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Dragas Associates Inc hold?

Dragas Associates Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Virginia Beach currently buying?

Explore City of Virginia Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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