McLean-based Clark Construction Group, Minneapolis-based Mortenson Co. and D.C.-based Smoot Construction Co. will lead construction of the 1.8-million-square-foot, 70,000-seat stadium, the Commanders announced Tuesday. Site work began in June, led by the same trio, and construction is anticipated to begin in spring 2027, the team said in a statement.
“The stadium represents an inspiring new chapter for sports and entertainment in DC, serving as both a modern civic landmark and a powerful catalyst for economic growth and community connection,” Lee DeLong, CEO of Clark Construction’s capital group, said in a statement.
D.C. and the Commanders plan a broader program of mixed uses at the 174-acre RFK campus following completion of the partially publicly funded stadium.
The new deal with Monumental Sports & Entertainment will run through 2047, stretching an initial 10-year pact the McLean credit card giant inked in 2017 that was set to expire next year.
The deal comes as Monumental, the owner of the Washington Wizards, Capitals and Mystics, enters the halfway point on its three-year, $1 billion-plus overhaul of the venue, which opened in 1997 and has been through a series of smaller upgrades before the current top-to-bottom transformation. The District committed $515 million to the current overhaul.
“A lot of what we’re doing is going to transform downtown D.C., and to have Capital One be a part of it was really important to us organizationally,” said Jim Van Stone, Monumental’s president of business operations and chief commercial officer. “We’re making more of an entertainment district. So, the sponsorship [with Capital One] will really be broadened with this building transformation.”
The company, launched from an initial location in Stockholm in 2023, has leased 12,600 square feet at 700 K St. NW for the new facility, which will offer customers its 60-minute Neko Body Scan health assessment. Its technology uses sensors and blood analysis to generate results within minutes.
“…over time, we realized we would be on the forefront of that landscape from a health and wellness perspective, and to really create a flagship opportunity for that corner, and for the city itself,” Meier said.
Neko is expected to invest around $10 million to build out its Anthem Row space, and is likely to seek out other locations, nationally and in the D.C. area, once it gets 700 K up and running.