Va. lawmakers nix arena plan, leaving Youngkin few options to revive it

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Va. lawmakers nix arena plan, leaving Youngkin few options to revive it
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Gov. Glenn Youngkin (R could introduce a budget amendment or send down a stand-alone bill, but he indicated Thursday that he has no immediate plans to do so.

Senate Finance and Appropriations Chairwoman L. Louise Lucas and her colleagues observe as Gov. Glenn Youngkin addresses the media on Thursday at the Virginia Capitol building in Richmond. Gov. Glenn Youngkin’s best shot at bringing the teams to Alexandria and dealing a severe blow to a deal the governor has touted as a once-in-a-lifetime opportunity.Calling the move a “colossal mistake,” Youngkin told reporters Thursday that one senator — Sen. L.

On the House side, where Democratic leaders had included arena language in their proposed version of the budget, talk was already moving on to other topics. “He didn’t get huffy or anything like that, but he just said, in a very solemn way, ‘I’m just so disappointed that you will not see the advantages of this for the entire commonwealth,’” she said. “He tried to make it like, ‘Oh, you just killed the commonwealth.’ And I said, ‘Governor, I’ve thought about the negative impact — to put the full faith and credit of the commonwealth behind a project that’s going to enrich billionaires was a bridge too far for me.

Under the deal announced in December, the NBA and NHL teams would relocate to a new facility in Alexandria’s Potomac Yard area. Both teams now play at Capital One Arena.Leonsis has called his mortgage for the teams’ home at Capital One “the worst building deal in professional sports” and expressed concerns about crime in the area. He has also said the District has not invested enough in the arena.

Mendelson released a statement on Thursday afternoon saying that the city’s $500 million offer remains available to Monumental should they keep the teams at Capital One Arena.“As a deal in Virginia remains uncertain, the Council continues to be ready to welcome Monumental Sports’ change of mind,” Mendelson wrote, adding: “It continues to be our position that Monumental Sports should stay, and our offer remains on the table.

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