Photos: There Are 20,000 Flags on the Mall to Commemorate Americans Who Died From Covid. The Images Are Moving.
Stadium Scorecard: The Math Behind a New DC United Stadium
DC mayor Vincent Gray’s plan to fund half of a new $300-million venue for DC United doesn’t add up. Here’s the math.
$150 million:
Cost of buying and prepping the land, including a swap for the Reeves Municipal Center to developer Akridge.
+
$20 million:
The difference between Mayor Gray’s valuation fo the Reeves building ($56 million) and CFO Jefferey DeWitt’s ($76 million).
+
$40 million:
Tax breaks for DC United.
+
$20 million:
Cost of relocating DC’s traffic-light system from the Reeves Center.
=
$230 million:
The true cost of the stadium for DC.
This article appears in the July 2014 of Washingtonian.
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