Alexandria’s Potomac Yard neighborhood was thrust into the spotlight over the last several months, as it went from winning a $2B sports and entertainment district with an NBA and NHL arena to losing it all seemingly overnight.
The Potomac Yard site originally slated for a $2B sports and entertainment district.
In an economic environment where little is getting built, the project would have been one of the largest in the region. But the plan to use taxpayer dollars was met with pushback from some in state government — pushback which ultimately killed the deal.
Following that whiplash, the officials and developers representing the Potomac Yard neighborhood are thinking about what’s next for the 12-acre site and the larger Potomac Yard area now that it’s no longer poised to be the new home for the Washington Capitals and Wizards.
At Bisnow’s Future of Alexandria event last week, held at the Sheraton Suites Old Town Alexandria hotel, leaders in the area discussed lessons learned from the saga and how to best position the site so that it delivers the most benefit to the county.
Click here to read the rest of the article written by Emily Wishingrad over at Bisnow
