A new report from the DowntownDC Business Improvement District shows a mixed economic picture for the city center, with gains in cultural activity and public safety offset by declines in jobs, tourism and housing development. City and business leaders say downtown’s recovery remains uneven as federal policy shifts and changing visitor patterns continue to shape its trajectory.
Tag: Capital One Arena
Posted inDMV News
Wizards honor John Wall
By Jonathan ForneySpecial to the AFRO The Washington Wizards honored the career and community impact of former star John Wall on Thursday, Jan. 29 at Capital One Arena as they took on the Milwaukee Bucks. Fans were shown highlights of Wall’s achievements on and off the court for the city. Attendees were given special bobble […]
Posted inSports
DC leaders, NBA commissioner celebrate start of an $800M downtown arena renovation
Ted Leonsis, Adam Silver, Muriel Bowser, and other officials celebrated the start of an $800 million downtown arena renovation with a ceremonial sledgehammer-swinging, while the Washington Commanders’ future in the city remains uncertain.
Posted inNEWS
Mayor Bowser and DMPED release report showing fiscal impact of D.C. sports teams and facilities
The Office of the Deputy Mayor for Planning and Economic Development has released a report showing that sports and entertainment venues in the District have generated $5 billion in 2022, and that a potential Washington Commanders relocation to the city would generate over $1.25 billion in economic revenue.
Posted inD.C Sports
Mystics squander first half lead in Angel Reese’s return to the D.C.-Maryland area, fall to 0-10
Angel Reese recorded a double-double and Chennedy Carter scored 25 points off the bench as the Chicago Sky defeated the Washington Mystics 79-71 in Capital One Arena.
Posted inD.C Sports
Fans share their views about the Wizards and the Caps remaining in D.C.
The Wizards and Caps are staying in D.C., providing jobs and bringing crowds to the city, and upgrades to Capital One Arena are expected to attract better players and appeal to the younger generation.
Posted inD.C Sports
Fans, business owners, city officials celebrate as Wizards, Caps decide to remain in D.C.
Monumental Sports & Entertainment has reached an agreement with the District of Columbia to keep the Wizards and Capitals in downtown D.C. until 2050, with financial support from the District totaling $515 million over the next three years to modernize Capital One Arena and expand its business and hospitality operations.
Posted in!Front Page Sports, D.C. Community, District of Columbia Government, Homepage Slider, Mayor Muriel Bowser, NEWS, News, Uncategorized, Washington D.C. News
Billionaire owner Ted Leonsis and D.C. Mayor Muriel Bowser agree to keep Wizards, Capitals in town for next 25 years
The Washington Wizards and Capitals have agreed to stay in the city until 2050, with the city providing financial support to modernize Capital One Arena, and the teams investing $515 million in upgrades and office space.
