Deal for Wizards and Capitals is a Major Win for Downtown D.C.

Last week, downtown D.C. received another huge boost when it was announced that Mayor Bowser and Monumental Sports entered into a non-binding agreement that will keep the Washington Wizards and Washington Capitals playing in Capital One Arena for decades to come. The announcement came only weeks after Mayor Bowser unveiled the “Housing in Downtown” tax-incentive program, which is meant to spur office-to-residential conversions and create a livelier mixed-use neighborhood in downtown D.C.