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Metropolitan DC Local Politics
Reply to "Wizards and Caps could be moving to Potomac Yard"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Drove to Caps game last night from inner MD burbs. Left at 630 for 730 game. Arrived early. Was back at home by 11 pm, having watched the Caps prevail in OT. 4.5 hours. If Caps move to PY, 4.5 becomes 5.5 hours at best, with the end result that I will not be attending Caps games in PY.[/quote] Guess VA will have to do without those inner MD dollars! Enjoy those Bethesda restaurants then.[/quote] If you think the team will sell enough tickets just from people who live in Alexandria, Potomac Yards, Del Ray and Pentagon City, you will be in for a surprise when the debt service on the bonds that comes from ticket sales and concession taxes doesn't cover the nut and taxpayers are left holding the bag.[/quote] I think much of the shock and disbelief being expressed by DC residents and electeds stems from the fact that most of this crowd have never spent time in NOVA other than a Silver Line trip to IAD. There is a tremendously wealthy, highly educated, law abiding, and yes, diverse population in NOVA that any sports team owner salivate over. The traffic hurdles are real, but with funding and planning they can be addressed. [/quote] Please name me a traffic problem that has been solved in the DMV in the last 30 years. Yes, I expect that Ted and a few politicians will hold at some point a press conference announcing "a well thought out plan" to resolve the traffic issues. My reply will be BS![/quote] +1 Given the physical constraints of this location it’s impossible to fix. The best you’ll get is parking offsite with a shuttle. The question is: how many people are really going to put up with that extra hassle. [/quote] A shuttle will add at least another 20 minutes to the half-hour minimum each way I described below.[/quote] I guess all the investors and Alexandria City analysts have no idea what they are talking about. How could they miss that no one in MD, DC, or NoVA will go to Alexandria for a game? Guess next time they should ask anonymous forum posters from MD what they think will happen. In reality, Arlington and Alexandria are full of parked cars with DC and MD plates regardless of traffic concerns. Even Wizards fans from La Plata will be driving in.[/quote] This is par for the course in DC. Over educated residents with no actual experience in the real world lecturing a tech and sports titan about business. Same thing happened when over 100 small businesses on Connecticut Ave wrote the mayor in opposition to the bike lane project only to be drowned out by that screams of a dozen or so socialists and nonprofit workers who apparently are also closeted MBAs. These people have no self awareness. [/quote] I’m sure he will profit from this project before selling it off. Having VA foot the bill makes it pretty easy. [/quote] Yes, Ted will absolutely profit. He is being given 70 acres of land and money to build an arena, music venue, hotel 9and probably casino) There will be people who attend the games, but it will only be 1/4 to 1/5 of the people who attend now. The rest will be corporate boxes and suites, corporate seats and people who live close enough to the new site that getting there won't be considered a burden. The overall fan experience will be worse, but again, Ted doesn't care about that. He will get his guaranteed revenues from both the NBA and NHL TV contracts, he will field teams that are at or below the salary cap and he will make some money on concessions. He is not responsible for any shortfall on the debt coverage - that falls to the taxpayers of Virginia and Alexandria, so this is all upside for him, Downside for Virginia taxpayers and significant downside for the current fans of the team. [/quote]corporate seats and boxes tend to go to busy professionals who will not head to PY.[/quote] You do know that many of the busy wealthy professionals in this metro area live and work in NoVA. They won’t have a problem going to PY, especially as the suites and premium seating will be far better. I’ve been in a suite in Capital One Arena and it was very basic with a cheap LG fridge and Home Depot granite countertops. A new builder grade Ryan Homes kitchen surpasses Capital One Arena suites.[/quote] Everyone who doesn’t live in PY has a hard time getting to PY. It’s inaccessible. - Wealthy professional who lives in VA [/quote]
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