TOPLINE The controversial $2 billion development project in Alexandria, Virginia, that included a new arena for the Washington Wizards and Washington Capitals to relocate from the District of Columbia, has been canceled, according to the city’s mayor, who cited financial and infrastructure disagreements.

TOPLINE The controversial $2 billion development project in Alexandria, Virginia, that included a new arena for the Washington Wizards and Washington Capitals to relocate from the District of Columbia, has been canceled, according to the city’s mayor, who cited financial and infrastructure disagreements.

Alexandria Mayor Justin Wilson said in a statement Wednesday that the city is disappointed that negotiations “did not result in a proposal that protected our financial interests and respected these community values,” and that the project proposal became “caught up in partisan warfare in Richmond.”

CHIEF CRITIC

JBG Smith CEO Matt Kelly decried the decision in a statement, claiming “this project was unable to get a fair hearing on its merits with the Virginia Senate” and saying he was “disgusted with the back-room-dealing and opaque scheming that took place as this played out.”

TANGENT

Wizards and Capitals owner Ted Leonsis and D.C. Mayor Muriel Bowser said Wednesday they were finalizing a deal that, if approved, would keep the teams in Washington until 2050, according to The Washington Post. The city would spend $515 million to help Leonsis modernize the 27-year-old Capital One Arena under the deal.