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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]I heard Mayor Wilson speak last night, and he said part of the agreement was to seriously limit parking (<4k spaces total), and likely zone all streets for quite a distance to be residential only. Not saying I trust the mayor, but as a nearby resident, that is the only thing that could get me on board. No one wants your giant 3-row SUV clogging up traffic and parking. [/quote] That's what's being reported https://www.alxnow.com/2023/12/14/alexandria-mayor-potomac-yard-arena-will-have-minimal-parking-but-metro-station-currently-inadequate/ If that's true, then this whole thing is just postering to get DC to pony up or it's doomed to be a massive white elephant that will bankrupt Alexandria. This arena only works if it can attract Virginians in large enough numbers to offset the loss of Maryland and DC fans, but that's not going to happen if you expect them to take metro. All of the financing numbers are based on taxes from the Arena and new developments paying off the bonds, but if attendance is essentially nothing thanks to a lack of parking, that won't happen and Alexandria will be stuck making up the shortfall [/quote]
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