Verizon Center is a 20,000-seat multi-purpose sports and entertainment venue, owned and operated by Monumental Sports & Entertainment, in the Penn Quarter neighborhood of Chinatown in downtown Washington, D.C. The arena is home to the NBA’s Washington Wizards, the NHL’s Washington Capitals, the WNBA’s Washington Mystics and the NCAA’s Georgetown Hoyas men’s basketball team.
Boasting an average of 220 events per year, Verizon Center is the heart of a $7 billion redevelopment that began 15 years ago when the arena was envisioned and built by late owner Abe Pollin and his wife, Irene Pollin, after previously building the Capital Centre arena in Landover, Md. Since the Pollin’s realized their vision on Dec. 2, 1997, with the opening of the privately financed new arena in downtown Washington, 36.5 million people have attended more than 3,087 events.
The surrounding neighborhood throughout the years has been rejuvenated by a plethora of restaurants, condominiums and businesses, making the Seventh Street corridor its own Times Square.