The announcement took the DMV by storm, and it’s a huge project that comes with some major traffic concerns.
Still, top of mind for many is how the area will handle traffic with only the Parkway and Route One being the primary routes in and out of the city.
Mayor Wilson says not much parking will be offered at the new arena.
Advocates say the project would be job creator so lucrative it will pay for itself while critics argue the proposal will amount to an extravagant taxpayer handout to the wealthy owners of the teams’ parent company. Virginia lawmakers will have to stake their positions on that divide as they take up legislation to make the…
MuniCap, Inc. Study In December 2023, the Commonwealth of Virginia retained MuniCap, Inc. to review projections of revenue prepared by HR&A Advisors. The revenues pertain to the proposed redevelopment of Potomac Yards (sic), which includes a new arena to host the NHL’s Capitals and the NBA’s Wizards, as proposed by Monumental Sports & Entertainment. Download…
The Coalition to Stop the Arena at Potomac Yard, along with the National Consumers League, Sports Fans Coalition, and Taxpayer Protection Alliance, sent a letter urging the Budget Conferees to oppose the inclusion of any language in the budget conference report that would result in a publicly-funded arena being built at Potomac Yard. The full…
Experts described the risk to the Potomac Yard Metro Station and surrounding areas if the stadium project is completed. Climate change is expected to increase the frequency of major flooding in the area by 2050, and the stadium project will exacerbate the effect. The big picture: The planned location of the new stadium complex is surrounded…
According to Sen. Ebbin, the transportation component of this plan “could never be achieved unless Metro receives long-term, sustainable funding from the Commonwealth.” Unfortunately, as Sen. Ebbin explains, Gov. Youngkin’s budget “includes zero commitment to long-term funding of the Metro system.” Three components must be in any bill I could consider supporting. First, the protection…
Our survey from the morning of Thursday, Dec. 14, to noon on Monday, Dec. 18, drew more than 1,500 responses. Respondents ranged from Fredericksburg to Leesburg in Northern Virginia and Montgomery County to St. Mary’s County in Maryland. A significant share of respondents indicated they were from Alexandria, where the arena is proposed. We also…