They would have been the second professional baseball club in the Hampton Roads region after the Norfolk Tides of the International League (AAA).

Virginia Beach Professional Baseball, LLC, was awarded an Atlantic League franchise in April 2013 "after more than three years of effort".

[1] In February 2014 the city council approved the team's ballpark proposal with completion expected by April 2015.

[2] It was announced in April 2015 that the Neptunes would play their home games at Wheeler Field beginning in the 2016 season,[3] but it was later reported that the stadium would open in 2017.

It was sculpted by Paul DiPasquale and established by the city's annual Neptune Festival with private donations.