Absolutely!!!! Let's use public money to make billionaires wealthier. Then do the low taxes, small gubmint routine. |
| I wonder if the city council will vote this down. Seems they will be handing a win to Youngkin, a presidential hopeful, and making taxpayers make a billionaire wealthier. The DC mayor said there’s a possibility this won’t go through and she cited some other failed project in northern VA, but I suspect Ted Leonsis will just find another location in mD or VA if he really doesn’t want to stay in DC. |
And then once in Alexandria, how do you get to the new Arena? You have to make your way, along with thousands of others, up Route 1. |
He will take the 500-600M offered by DC. Heck if the feds get it together and give DC the RFK and FBI sites, then there will be room for Ted to do something similar in DC. |
Maybe letting everyone ride for free wasn't the best idea??? |
This is a good summary of the transportation issues. It seems like a terrible idea unless for Leonsis, the development potential at PY outweighs any concerns about drawing spectators to games. It seems they’d be connected but maybe it still pencils out (at least for him if not for fans or local residents who’ll be living in traffic Armageddon). I think a big issue not covered above is the possible impact on airport traffic. This seems like a terrible location if for no other reason than that. |
Really? DC is closer to Mt Vernon than Alexandria is? Huh, TIL. |
how many people in Mt Vernon go to the games? What percentage? hint: not very many. MOST of the patrons for the Caps and Wizards are coming from DC and MD. So Ted is putting a huge burden on those fans to continue to come to the games |
Hahaha - is that true? That’s awesome. |
That doesn't change geography, does it? |
There has never been a time when ridership covered the cost of operating the system. The states subsidize it because it is cheaper and more effective than trying to have enough road capacity to move all of those people. If the system shut down, the infrastructure in the region wouldn't come close to being able to handle the capacity on surface roads. |
You don't even know what you are talking about. A bunch of the actual Caps live in Old Town. |
I think it is clear that Leonsis doesn't care about having fans in the arena. He will make enough off the land deals and TV contracts that the concessions and fan tickets won't be an issue. Of course, that is what pays for the bonds, which is why the people of Alexandria will be left holding the bag. |
And in as little as 10 years, the FBI will move out of the Hoover Building so construction can start on the new arena. In two years, Ted can start building in Virginia. |
I see plenty of us riding the Yellow Line to the game. That's how I manage to negotiate metro most of the time. I just follow the flood of jerseys. |