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MSGE Eyes D.C. Market

WASHINGTON D.C (CelebrityAccess MediaWire) — MSG Entertainment is reportedly looking to break into the competitive Washington D.C. market by opening a major new venue in the city.

According to the Washington Business Journal, Steve Moore, executive director of the Washington, D.C., Economic Partnership has revealed that MSGE has been reaching out to officials such as deputy mayor for planning and economic development Valerie Santos and major landowners in the city for a possible deal.

"They are shopping the District … They're very interested. It's a question of finding the right spot," Moore told the Washington Business Journal.

While still in the planning stages, sources close to MSG told the Journal that they are looking for a venue with a capacity of 6,000+, requiring 100,000 square feet and located near shopping and public transit facilities.

"I think that their own thinking is not that set. They want to understand the market some more. They were here looking. They may look at the market and say: OK, here are our products that will work here," Moore added.

MSGE, currently in the process of being spun-off by Cablevision, has primarily focused on the New York Market where they operate Madison Square Garden, Radio City Music Hall and the Beacon Theatre. In 2006, they expanded into Chicago with the acquisition of the Chicago Theatre and in 2007, they took over programming at Boston's Wang Center. – CelebrityAccess Staff Writers