The Washington Wizards and Capitals have called Washington, D.C., home since December 1997, but a move to Northern Virginia may be on the horizon.
Ted Leonsis and Virginia Gov. Glenn Youngkin announced on Wednesday plans to develop a $2 billion sports and entertainment district in Alexandria’s Potomac Yard, with the project set to include not only a new arena but a new practice facility for the Wizards, a performing arts center, a studio for the company’s Monumental Sports Network, hotels, a convention center, housing, and retail.
The plan ultimately looks to take many of the same concepts initially applied to the development of Capital One Arena, but in a much larger, more unified project, and one keeping in the current “mini-city” trend sweeping the sports industry. MSE and Youngkin are targeting a 2028 opening.
A rendering of the proposed project———
Source: Front Office Sports