The Monumental Arena proposal appears to be dead--City of AX withdraws [View all]
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“…Throughout this process, the City has been committed to ensuring that our role in this project not only added financial value but promised that our core values would remain an integral part of this opportunity. The City was adamant that any favorable consideration of the proposal included substantial and thoughtful improvements to the existing transportation system; included affordable housing; protect our stellar AAA bond rating; protect existing and future residents from financial risk; provided substantial future revenue for city and school services; protected existing neighborhoods; and provided quality jobs for our community. We are disappointed negotiations did not result in a proposal that protected our financial interests and respected these community values…”
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https://www.alexandriava.gov/news-citywide/2024-03-27/city-of-alexandria-releases-statement-on-potomac-yard-entertainment
DC signs deal with Leonsis:
https://www.nbcwashington.com/news/local/northern-virginia/monumental-move-dead-caps-wizards-not-moving-to-alexandria/3577653/?amp=1
= new reply since forum marked as read