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After nearly 30 years, District officials have reached a deal to bring the Washington Commanders back to the city.
Mayor Muriel Bowser announced the deal Monday morning at an event with Commanders owner Josh Harris, NFL Commissioner Roger Goodell and other D.C. and team officials.
“This is a big deal,” Bowser said. “I’ve been working on this for the past 10 years that I’ve been mayor, and now we have the right partner at the right time.”
The team plans to invest $2.7B to build a 65,000-seat stadium and will lead efforts for additional development on the 174-acre RFK Stadium site — 2 miles directly east of the Capitol. Team officials called it the “single biggest private investment in D.C. history.”
The District plans to spend nearly $1.1B over the next several years to prepare the site and the surrounding infrastructure, officials told reporters Monday morning. The plan still must be approved by the D.C. Council.
The mixed-use development around the site is planned to include between 5,000 and 6,000 housing units, of which 30% would be designated as affordable. Plans also call for hotels, retail, restaurants, a new recreation center, and a large amount of public green space.
The Commanders will act as the master developer for those components, and the team plans to partner with other developers on the projects, which officials said will include billions in additional investment. The team earlier this year hired local development veteran Andrew VanHorn, previously of JBG Smith and Dweck Properties, as its head of real estate to lead the project.
