Citizen Opposition Deals Stunning Blow to Monumental Sports Proposal, Local Coalition Urges City Council to Withdraw Support for Any Future Arena Deal ALEXANDRIA, Va., – The Coalition to Stop the Arena at Potomac Yard (The Coalition) celebrated the news that the plan to spend $1.5 billion of public money on a new home for the…
Stop the Arena Coalition Unimpressed with JBG Smith Announcement for Affordable Housing ALEXANDRIA, Va., — In response to news that Potomac Yard developer JBG Smith is doubling its commitment to identify and preserve affordable units, the Coalition to Stop the Arena at Potomac Yard (The Coalition) issued the following statement: It is important that JBG…
Traffic and Unjustified Subsidies Named as Reasons to Reject “Glenn-Dome” ALEXANDRIA, Va. – A poll of four neighborhoods located near the proposed “Glenn-Dome” entertainment district in Alexandria found that residents overwhelmingly reject the proposal and would not want to see it built. Over 58% of respondents oppose the arena, more than double the 28.57% who…
Stop the Arena Coalition Celebrates Omission of Potomac Yard Arena from Virginia Budget ALEXANDRIA, Va. – The Coalition to Stop the Arena at Potomac Yard (the Coalition) today applauded the Virginia General Assembly for keeping Governor Youngkin’s proposal to build an arena at Potomac Yard for Monumental Sports & Entertainment out of the state budget….
Youngkin said the revenue from the Potomac Yard arena could go back into transportation priorities like I-81, toll relief, and Metro funding. Youngkin had signaled interest in working with Northern Virginia to support Metro through a budget crisis, an outcome that is uncertain with the Potomac Yard arena bargaining chip off the table. “The Senate refused to…
At this point, state support for a Washington Wizards and Capitals move to Alexandria’s Potomac Yard is hanging on by a thread. It’s not completely dead despite Virginia’s Senate Finance and Appropriations Committee chair Sen. L. Louise Lucas said a proposal wouldn’t be brought up in her committee. Gov. Glenn Youngkin spoke on the proposed…
ALEXANDRIA, Va. – The Coalition to Stop the Arena at Potomac Yard today blasted as “inaccurate and misleading” Governor Youngkin’s claims about the proposed arena for the Washington Wizards and Washington Capitals at Potomac Yard. In a letter sent today to budget conferees in the General Assembly and the Governor, the group rebutted the points…
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…
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…
ALEXANDRIA, Va., February 20, 2024 – The Coalition to Stop the Arena at Potomac Yard (“Coalition”) today applauded the announcement by the AFL-CIO and its member unions that they will oppose the proposed arena deal at Potomac Yard. The Coalition, a bipartisan, grassroots group of Northern Virginia and District residents and national advocacy organizations called…