D.C. wants to redevelop the RFK Stadium site into a new entertainment district with a 65,000-seat Commanders stadium, plus 6,000 new homes, Mayor Muriel Bowser and the NFL announced Monday morning.
Why it matters: The $3.7 billion project would build a new neighborhood on the Anacostia River, and bring the NFL back to Washington. It's up to the D.C. Council to approve it.
D.C. and the Washington Commanders will unveil on Monday morning a $3 billion deal to build a new football stadium at the RFK Stadium site, Axios has learned.
Why it matters: The megaproject would jumpstart construction of a new residential and entertainment hub on waterfront real estate — and Mayor Muriel Bowser reportedly wants to kick in around $800 million in taxpayer dollars.