Monumental Parking Plan
The Commonwealth of Virginia, City of Alexandria and Monumental Sports & Entertainment officials unveiled an overview of its plans Thursday for a new sports arena and entertainment district in Potomac Yard.
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Coalition Statement on Virginia Budget
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….
Gov. Youngkin ‘befuddled’ as Potomac Yard arena plan is in death throes in Richmond
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…
‘Stop the Arena at Potomac Yard’ coalition protests new arena
A coalition of residents and community members in Alexandria are banning together against the proposal to move the Washington Capitals and Wizards to Virginia. View Video
The Impact of Professional Sports Franchises and Venues on Local Economies: A Comprehensive Survey
A meta-analysis of academic studies on public-funded athletic franchises and venues concludes that these projects largely fail to deliver the promised benefits for local economies and their taxpayers. Published in the Journal of Economic Surveys in February 2022. This paper was written by John Charles Bradbury of Kennesaw State University, Dennis Coates of University of Maryland, Baltimore County,…
Caps, Wizards owner Ted Leonsis talks about Monumental Move
It’s not personal – it’s just good business. Ted Leonsis plans to take the Capitals and Wizards out of Washington, but he says the future is bright and everyone is invited to Virginia. For the first time since announcing his intentions to move the Washington Wizards and Capitals out of D.C. across the river to…
Coalition Statement on JBG Affordable Housing
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…