Rendering of one of the new main concourses at Capital One Arena in Washington, D.C., which will undergo a $40 million renovation. (Photo courtesy Monumental Sports & Entertainment)

Details of Capital One Arena’s $40 million renovation plans have emerged.

The project is privately financed by the owner of the Washington, D.C., venue, Monumental Sports & Entertainment, and was first announced, with no details, in August, at the same time as a new naming-rights deal with Ca...

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