In the 1990s, downtown Washington experienced a rebirth with the opening of MCI Center. The arrival of the Shakespeare Theatre Company in Downtown Washington, DC began a process of revitalization ...

D.C. Mayor Muriel Bowser has submitted a new bill to the D.C. Council to transfer ownership of Capital One Arena, home of the Washington Capitals and Wizards, to the city, WTOP has learned.

Monumental Sports to sell Capital One Arena to DC for $87.5M, sources say© Provided by WJLA – Washington D.C.

D.C. Mayor Muriel Bowser has proposed legislation to buy Capital One Arena for $87.5 million after months of negotiations to keep the Washington Capitals and Wizards playing in the District.

D.C. still aims to retain the Washington Capitals and Wizards, but it's also planning on a future without the franchises, their fanbases or their home arena.

D.C.’s Capital One arena is home to everything from the NBA Washington Wizards and playoffs-bound NHL Washington Capitals to high-profile concerts and events. Adjacent to the Gallery Place/Chinatown ...