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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]NHL is not making any money. The NBA is pretty bad too. Both have weak tv deals and weak tv ratings. There are many really cheap NHL franchises that Baltimore could surely steal with a new arena at middle branch but NHL just might not be worth it.[/quote] Then DC should be glad to get rid of the Caps and Wizards. It could do something more lucrative with the arena like mixed-use development. [/quote] It is time for DC to get out of the subsidizing Ted business. Let Nova tax payers do that to the tune of $3.5 billion. I have never seen a vibrant neighborhood around a spot complex. On games night it’s a lot of people pre and post gaming(getting drunk) and on the non game nights it is an empty waste land. The restaurants and bars depended on the the game nights are low quality places and do not draw people to the area. For the life of me why would Alexandria want to tie up this much land and money with Amazon supposedly driving growth in the area. Maybe it would make sense out in Loudon country, Fredericksburg or Richmond but not Alexandria. You will just end up with what you have now in DC. [/quote] What is Alexandria besides a bedroom community (run-down at that) for the District and a bunch of offices for people who support the real work being done across the river? There’s no way they can pull this off and would be better off knowing their limits and not embarrassing themselves.[/quote] If this is true, explain why townhouses in Potomac Yard sell for over $1m and SFH in Del Ray regularly go for over $1.3m.[/quote] People in DC still haven't caught on that DC is in decline and things are moving elsewhere. Eventually they will tire of fighting off 3 muggers on their way to meet their fashionable friends at another DC chain restaurant and will make the arduous journey down the yellow line.[/quote] +1. This is correct. The absolute disdain that many in DC have for the “burbs” created a huge blind spot for the mayor. She never saw this coming. The energy has shifted away from DC and they still haven’t realized it. [/quote] She did see this coming. But she doesn't have 70 acres and 2 billion dollars to throw at Monumental. Virginia doesn't either, which is why the taxpayers will be on the hook for bonds that have almost no way of obligation surety.[/quote]
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