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Alexandria business owners set to discuss the economic impact of the potential 'Monumental Move'

On Monday, business owners will meet at Pork Barrel BBQ to talk about the financial benefits of the Caps and Wizards Arena potentially moving to Potomac Yard.

ALEXANDRIA, Va. — As the debate over the potential "Monumental Move" continues, Alexandria business owners are set to meet Monday to discuss the economic benefits of having the home of the Washington Caps and Wizards in Potomac Yard.

"The proposed sports and entertainment district in Potomac Yard would stimulate growth and job creation in the region," Monumental Sports and Entertainment said in a statement announcing the event. 

The roundtable, which will be held at 1:30 p.m. at Pork Barrel BBQ in Alexandria's Del Ray neighborhood, is expected to include business owners, Northern Virginia leaders, and project representatives. 

Pork Barrel BBQ's owner Bill Blackburn has been recognized by Governor Glenn Youngkin for his support for the $2 billion project. 

On Sunday, Virginia lawmakers heard the concerns of Alexandrians during a District 39 town hall featuring state Senator Adam Ebbin, and Delegates Adele McClure, Charniele Herring, and Alfonso Lopez. 

Virginia lawmakers have taken the first step to bring the home of the Washington Caps and Wizards to Alexandria.

Senate Majority Leader Scott Surovell introduced legislation to create the Virginia Sports and Entertainment Authority, an agency that would oversee the $2 billion dollar project.

"There's a lot of questions about how it's being financed, questions about the accuracy of financial projections, questions about the transportation improvements, questions about the people who are going to work in the event arena and developments around it," Surovell said Friday. 

Surroval who introduced the Sports Authority legislation says that Governor Glenn Youngkin has also signaled that he will support increasing funding for Metro amid the transit system's $750 million financial gap. Lawmakers have sounded the alarm on the need to invest in the public transportation system if they want to get fans to the potential arena by 2028.

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