D.C. Mayor Muriel E. Bowser proposes legislation to buy Capital One Arena
Under the proposal, the city, which already owns the land under the arena, would buy the building for $87.5 million.
SEE IT: New legislation details vision for Capital One Arena redevelopment, investment
Monumental Sports & Entertainment CEO Ted Leonsis and D.C. Mayor Muriel Bowser announced new legislation Monday that would support a public-private partnership.
Mayor Bowser proposes $87.5M purchase to revitalize Capital One Arena, Chinatown
Washington, D.C. Mayor Muriel Bowser and Chief Executive Officer of Monumental Sports & Entertainment (MSE) Ted Leonsis announced Monday that legislation was submitted to purchase Capital One Arena. The submitted legislation,
DC Mayor Bowser proposes $87.5 million purchase of Capital One Arena; project renderings released
Washington, D.C. Mayor Muriel Bowser has proposed legislation to purchase Capital One Arena for $87.5 million.
Bowser proposes legislation to buy Capital One Arena
D.C. Mayor Muriel E. Bowser has submitted legislation to the council to buy Capital One Arena for $87.5 million.
Streateries survive Capital One Arena deal
Capital One Arena will be transformed soon, but one thing is staying: The streateries on 6th Street. Why it matters: Getting rid of the streateries was on Ted Leonsis' wishlist, with the Monumental Sports & Entertainment CEO fretting that they made it harder for semitrucks to load during events at the venue.
New details unveiled in D.C.'s deal to buy, renovate Capital One Arena
Six months since a deal was struck to keep the Capitals and Wizards in D.C., the modernization of Capital One Arena is now set to advance, with the city purchasing the venue and funding upgrades. Why it matters: The renovation will keep the teams in the District through at least 2050 and inject hope into downtown Washington as it continues to recover from the pandemic.
Plan to revitalize Capital One Arena in DC
A new legislation meant to bring more people into the nation's capital is heading to the DC Council for approval. If passed, the bill would fund the revitalization of the Capital One Arena.
DC wants to buy Capital One Arena, upgrades coming
New details on plans to upgrade Capital One Arena and keep the Wizards and Capitals in the district. FOX 5’s David Kaplan reports from outside the arena.
How D.C.’s Capital One Arena Arena Deal Flies Against the Grain
The somewhat unusual agreement codifies and furthers a renovation deal struck in the spring. The post How D.C.’s Capital One Arena Arena Deal Flies Against the Grain appeared first on Front Office Sports.
Capitals reveal plans for $800 million ‘transformation’ of Capital One Arena
The plans are in place for a significant facelift to the Washington Capitals’ home arena. On Monday, Monument Sports & Entertainment, the Capitals’ governing body, and Washington, D.C.
Bowser, Leonsis announce massive Capital One Arena remodel, lease to keep teams in D.C. through 2050
D.C. Mayor Muriel Bowser and Ted Leonsis, the owner of the Washington Wizards and Capitals, announced plans Monday to ...
DC mayor's $87.5 million plan to keep the Wizards in the city
DC Mayor Muriel Bowser wants to keep the Wizards in Capital One Arena, and she's willing to shell out some serious cash to ...
Washingtonian4h
DC to Buy Capital One Arena as Part of $515 Million Renovation
More than six months after Mayor Muriel Bowser and Monumental Sports CEO Ted Leonsis struck a deal to keep the Washington ...
Monumental Sports to sell Capital One Arena to DC for $87.5M, sources say
News is learning that a major announcement is expected Monday about the ownership of Capital One Arena in D.C.'s Chinatown ...
Washington Examiner8h
DC mayor proposes $87 million offer to buy Capitol One Arena to keep teams in city
On Monday, after months of negotiations, Bowser and Monumental Sports and Entertainment CEO Ted Leonsis announced a new deal to keep the teams in D.C. through 2050. “We’re keeping Washington’s ...
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'Monumental renovation' garnering strong reactions from DC sports fans, taxpayers
a world-class destination facility for athletes and continue to serve as a downtown anchor for economic vitality,” Monumental owner Ted Leonsis said in a press statement. Capitals and Wizards fan ...