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Notes: Potomac Yard arena prospects looking bleak as state budget approaches the finish line

Good Thusday morning, Alexandria!

🌧️ Today’s weather: Mostly cloudy, with a high near 65. Partly cloudy tonight with a low around 43. Partly sunny tomorrow with a high near 60.

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Rendering of aerial view of Monumental Arena development (image courtesy of JBG SMITH)

Senate Finance and Appropriations Chairwoman L. Louise Lucas (D-Portsmouth) told the Washington Post that the Potomac Yard arena won’t be in the budget compromise that negotiators will release on Thursday.

The Potomac Yard arena development plans involve the creation of a Virginia Stadium Authority to finance the construction of the $2 billion Potomac Yard arena and entertainment district. Creation of that authority, though, is contingent on it being included in the state budget.

While there could still be a reversal before the General Assembly adjourns on Saturday, the Washington Post said the only other options would be to make a budget amendment or a stand-alone bill on the arena. While other legislators said they weren’t prepared to call the arena deal dead, it’s looking bleak for the project.

📈 Wednesday’s most read

The following are the most-read ALXnow articles for Mar 6, 2024.

  1. Alexandria Director of Elections apologizes for Israeli flag behind voting machine (2,204 views)
  2. Notes: Monumental posts, then deletes, false claims about Potomac Yard arena project (1,956 views)
  3. Potomac Yard arena boils down to four issues, says Alexandria mayoral candidate Alyia Gaskins (1,078 views)

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Scholarship Fund of Alexandria Annual Gala & Auction

Do good while having a good time at the Scholarship Fund of Alexandria’s 38th Annual Gala and Auction at the Hilton Alexandria Mark Center. The fun begins with a 2-hour open bar reception while mingling with 499 other Alexandrians who

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