Good Monday morning, Alexandria!
☀️ Today’s weather: Expect mainly sunny skies with a high around 51 degrees and west winds blowing at 9 to 14 mph, gusting up to 23 mph. Tonight, mostly cloudy skies will gradually clear, as temperatures dip to around 34 degrees. The northwest winds will persist, blowing at 11 to 13 mph and gusting as high as 21 mph.
🚨 You need to know
A new analysis of the proposal to move the Washington Capitals and Wizards to Alexandria said that pitch came with some “aggressive assumptions” about unprecedented prices, the Washington Post reported last week.
The report by Maryland-based public financing consulting firm MuniCap Inc. has not been released to the public but was obtained by The Washington Post.
The report said the financing plan assumes unprecedented pricing: fans will pay $75 for parking and $731 per night at a new luxury hotel. The analysis said the financial projections also assume the new development will host 53 more events annually in Alexandria than was hosted at the D.C. arena.
The Washington Post reported that the analysts said while none of those assumptions are “inherently unreasonable” they can’t be characterized as “conservative.”
📈 Friday’s most read
The following are the most-read ALXnow articles for Mar 15, 2024.
- Windsor of Old Town closing this month after 43 years in Alexandria (1106 views)
- Notes: Conservative advocacy group targets ACPS tutoring site for ties to TikTok parent company (897 views)
- Milestone reached with 2.2-mile underground sewer tunnel completion in Old Town (556 views)
📅 Upcoming events
Here is what’s going on today in Alexandria, from our event calendar.
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