Downtown Arena Revitalization Act of 2025 allows for easements, airspace leases, and signage amendments for the downtown arena.
The Downtown Arena Revitalization Act of 2025 allows the Mayor to grant easements over certain lots for the downtown arena. It also permits the Mayor to lease the airspace adjacent to these lots to DC Arena L.P. or its designee. The act exempts the arena from real property and possessory interest taxes and modifies signage regulations for the arena. The act includes a fiscal impact statement and takes effect following its passage.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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