Monumental Sports and Entertainment will privately fund a $40 million renovation at Capital One Arena. The project will include new padded seats throughout the venue, a state-of-the-art sound system, modernized concourses, and redesigned concession stands.
Concourse improvements include a new team store, as well as flooring and lighting. New concession stands will serve fare from celebrity chefs Cat Cora and Alex McCoy. Premium seat holders will have access to two new lounges.
Investments will also be made to build-out the Monumental360 program, a program that analyzes fan preferences to provide data-informed fan experiences.
The project construction timeline will begin after the current NBA and NHL seasons with completion by start of the next seasons.