Capital One Arena is a multi-purpose indoor arena in Washington, D.C. Located in the Chinatown section of the larger Penn Quarter neighborhood, the arena sits atop the Gallery Place rapid transit station of the Washington Metro. The arena was opened on December 2, 1997, as MCI Center, but renamed to Verizon Center in 2006 when MCI was acquired by Verizon Communications. The name was changed to Capital One Arena in 2017 when Capital One bank, headquartered in nearby Tysons, Virginia, purchased the naming rights.