The construction of a new stadium for the Capitals and Wizards in the DC area has sparked controversy. Critics argue that state and local governments should refuse to subsidize the project, citing it as a massive corporate welfare handout. There are concerns that moving the NHL and NBA teams to the suburbs could have negative consequences for downtown stability. The D.C. Mayor and council are urged to learn from this failure and avoid relocating the teams to peripheral locations. The debate over building an arena in the DC suburbs is explored in a newsletter, highlighting the risks associated with such a move.
In this week's Design Edition newsletter, @kristoncapps explores why building an arena in the DC suburbs is a bad bet https://t.co/6e36H1FwPP via @citylab
“Letting NHL and NBA teams go to the suburbs would be penny-wise, pound-foolish, but it might be too late to do anything about it,” the Editorial Board writes. D.C. Mayor Muriel Bowser and the council need to learn fast from this failure. https://t.co/qlkA4zbvcF
Losing the Caps and Wizards should increase the urgency of finding ways to stabilize downtown, not blowing money on bribing a rarely used NFL stadium to a peripheral location in the city. https://t.co/dYnCils3lt
"Virginia Should Refuse to Subsidize the Construction of a New Stadium for the Capitals and Wizards." Why state & local govt should say no to this massive corporate welfare handout. https://t.co/6SnACck90n
The D.C. arena fiasco shows Mayor Bowser has taken her eye off the ball, writes @mattyglesias. https://t.co/O29nEZZkYJ
Why sports teams keep promising arenas that pay for themselves. (But don't.) https://t.co/uCOpUafoYi via @citylab