By Lew Gould

Virginia Gov. Glenn Youngkin has reached a tentative agreement with the NBA’s Wizards and NHL’s Capitals to move from the District of Columbia to what he called a new “visionary sports and entertainment venue” in northern Virginia.

The proposal, which would need the state legislature’s approval, calls for the creation of a $2 billion sports and entertainment district in Alexandria, Youngkin said in an interview with The Associated Press ahead of a news conference at the site. It would include an arena for what would be the state’s first professional sports teams, as well as a new Wizards practice facility, a separate performing arts center, a media studio, new hotels, a convention center, housing and shopping.

“The Commonwealth will now be home to two professional sports teams, a new corporate headquarters, and over 30,000 new jobs – this is monumental,” Youngkin said in a statement.

Monumental Sports & Entertainment CEO Ted Leonsis appeared with Youngkin and city officials at Wednesday’s announcement. He endorsed the proposal, thanked Youngkin and said he had “goosebumps” at the thought of the project coming together “if all goes as planned.”


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