City Council Member Matthew J. Kelley confirmed the Suns finalized an agreement Monday with former Governor Douglas Wilder, architects involved in the project, the museums organization and its largest creditor to buy the land along Interstate 95 in Celebrate Virginia South.
The agreement was made just 10 days before the property was scheduled to be sold at a public auction after the organization’s failure to pay
Officials say the auction has been postponed while the contract is pending. Council Member Kelley says there’s a 150 day extension on the site to tie up any loose ends in the contract.
The Suns, a Class A affiliate of the Washington Nationals, hope to open the complex in time for the start of the 2015 season.