SBD/2/Facilities Venues

CAPITAL (CENTRE) MAKEOVER TAKES FLIGHT AT USAIRWAYS ARENA

          Washington Sports & Entertainment (WS&E) Owner Abe
     Pollin "plans to transform" USAirways Arena into a $60M
     shopping, entertainment and sports complex that likely would
     be renamed the Capital Centre, and add upscale stores,
     restaurants and movie theaters, according to Jackie Spinner
     of the WASHINGTON POST.  The renovation would leave the
     arena floor and some seating in place for commercial sports
     and concerts.  WS&E will have 150 days to study the project,
     renegotiate the lease and meet with community leaders. WS&E
     will partner with MD-based development firm The Cordish Co.,
     which is renovating a Baltimore complex that will feature
     the ESPN Grill (WASHINGTON POST, 4/2).  The Baltimore SUN
     says the new Centre will be a $150M complex (SUN, 4/2).

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