Washington DC has set plans to build a new state-of-the-art entertainment and sports arena at St. Elizabeth’s East to serve as a practice facility for the city's professional basketball teams: the Washington Wizards and the Washington Mystics. The $55 million project is expected to create hundreds of jobs for local residents and will provide a premier entertainment venue in Southeast Washington DC. Operated by Events DC, the new complex is projected to produce $90 million in new tax revenues for the city over 20 years.
The new 118,000-square foot, 5,000-seat entertainment and sports arena will also generate significant expansion of arts, cultural, entertainment and civic amenities for the city. The venue is expected to host more than 90 non-basketball related events per year. Funding for the project will be provide by an investment by the District of Columbia of nearly $23 million, up to $5 million from Monumental Sports & Entertainment towards construction - with an additional $10 million for St. Elizabeth’s redevelopment and community philanthropic investments - and $27 million by Events DC.
Construction is scheduled to begin in July 2016 with completion projected in the fall of 2018.
Location: Gateway Pavilion, 2700 Martin Luther King, Jr. Ave, SE Washington DC. The closest Metro station is Congress Heights. St. Elizabeth’s is located off of Martin Luther King, Jr. Avenue in Ward 8 in SE Washington, DC. See a map.
About St. Elizabeth's
St. Elizabeth’s is a national historic landmark in SE Washington DC. The property of the former mental hospital is one of the largest redevelopment projects in the nation’s capital with plans for new mixed-use neighborhoods of retail, office, housing, and cultural amenities. To build a transportation network that serves the needs of the East Campus and its community, the To build a transportation network that serves the needs of the redeveloped St. Elizabeth’s East Campus and its community, the Office of the Deputy Mayor for Planning and Economic Development, with the assistance of the District of Columbia Department of Transportation is planning many infrastructure improvements.
About Monumental Sports & Entertainment
Monumental Sports & Entertainment is one of the largest integrated sports and entertainment companies in the country and owns and operates three professional sports teams: the NBA’s Washington Wizards, NHL’s Washington Capitals and WNBA’s Washington Mystics. The group also owns and operates Verizon Center, oversees the management of Kettler Capitals Iceplex, and George Mason University’s EagleBank Arena. For more information, visit www.monumentalsports.com
About Events DC
Events DC, the official convention and sports authority for the District of Columbia, generates economic and community benefits through the attraction and promotion of business, athletic, entertainment and cultural activities. Events DC oversees the Washington Convention Center, the historic Carnegie Library at Mt. Vernon Square, and manages the Stadium-Armory campus, which includes Robert F. Kennedy Memorial Stadium and surrounding Festival Grounds, the non-military functions of the DC Armory and Maloof Skate Park at RFK Stadium.
For more information, visit www.eventsdc.com.
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