By the 1960s, it was suffering from urban decay, like much of the eastern end of Downtown Washington. The block where the arena was built, between 6th and 7th and F and G Streets, historically held a mix of residences and small businesses. The arena does, however, feature a sign in Chinese characters.
Though the arena project was a commercial success for its backers, it has contributed to the gentrification of the surrounding area, the displacement of most of its Asian-American residents (the local Chinese-American population, which numbered over 3,000 before the arena's construction, was a mere 300 in 2023), and the replacement of the most of the small businesses and restaurants that served the Asian-American community by large national corporations.
It was also home to the Washington Mystics of the Women's National Basketball Association (WNBA) from 1998 to 2018, after which they moved to the Entertainment and Sports Arena in southeast Washington for the 2019 season. Owned and operated by Monumental Sports & Entertainment, it is the home arena of the Washington Capitals of the National Hockey League (NHL), the Washington Wizards of the National Basketball Association (NBA), and the Georgetown University men's basketball team. Located in the Chinatown section of the larger Penn Quarter neighborhood, the arena sits atop the Gallery Place rapid transit station of the Washington Metro. Washington Capitals ( NHL) (1997–present)Ĭapital One Arena is an indoor arena in Washington, D.C.
John Stranix and Seagull Bay Sports, LLC
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