Reply to Wizards and Caps could be moving to Potomac Yard

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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]Does the economic impact study being used by Alexandria include any line-item on the decrease in property values (and property tax receipts) that will occur when the Del Ray neighborhood becomes gridlocked with cut-through cars every night from 5 to 8pm?[/quote]

It’s ok to say you dislike increased road congestion and density, but just say it.

Arena districts don’t depress property values. It’s the opposite.[/quote]

Latter point is BS.  Living across the street (or even next to your neighborhood school) is less desirable.  [/quote]
There won’t be anyone living across the street.  But the current stadiums in DC (Nats and Caps/Wizards) increased property values in the surrounding neighborhoods by 25% to 100% within three years, despite the fact the vehicular traffic became a serious annoyance to residents.[/quote]

There aren't really many residents in the Gallery Place area and when Nats Park was built, there were zero residents in that neighborhood, at least east of South Capitol Street. So anyone moving there knew what they were getting. Besides, most fans for both venues take the metro, not drive.[/quote]

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