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.
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.
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…
Senate Finance and Appropriations Chairwoman L. Louise Lucas (D-Portsmouth) said Youngkin’s remarks were just the latest misstep by the governor — “mistake No. 12,” she called it in a Capitol Square news conference — that she said has doomed the project. Soon after Youngkin’s team posted those remarks on social media Saturday, Lucas tweeted that she would…
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…
Lawmakers on the Virginia House Appropriations Committee voted 17-3 to advance the measure, a top priority of Republican Gov. Glenn Youngkin, to the floor of the House of Delegates. Though the bill passed overwhelmingly, several senior Democratic legislators took care to say that their support for the measure at this point was in the interest…
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…
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…