Considering taxpayers are shelling out more than 90 percent of the costs of the forthcoming Wizards practice facility and home to the Mystics on the St. Elizabeths East campus, you might as well take a gander at where your money is going.

Events DC, the city’s entertainment and sports agency funded by the hotel tax, released the first renderings of what it’s creatively calling the “Entertainment and Sports Arena.” The designs were created by District-based Marshall Moya Design and international sports design firm Rossetti. Construction is scheduled to start in 2017, with a completion date of fall 2018.

The plan is for a 4,200-seat arena that “will act as more than a professional basketball arena and training facility, but as a multi-functional, flexible space that combines sports, entertainment and community programming with neighborhood-serving resources,” according to a press release from Events DC, which will run the facility. Other uses for the arena could include boxing, e-sports, and concerts.

The budget for the project grew to $65 million this summer to better accommodate these other forms of entertainment, Events DC President Gregory O’Dell said. The $10 million increase will be footed by the sports and entertainment authority rather than Ted Leonsis’ Monumental Sports & Entertainment, which was already paying less than 10 percent of the original $55 million budget.

The Wizards’ practice facility will include “lounges to encourage pre- and post-training camaraderie, respite, and recovery.” Maybe said lounges can patch up the frayed relationship between star players John Wall and Bradley Beal.

Events DC brags that the Entertainment and Sports Arena will be the “first WNBA-dedicated facility in the league,” speaking to D.C.’s commitment to female empowerment, though the renderings show Washington Wizards signage on the exterior. The new arena will have significantly less room for fans than the 20,000-seat Verizon Center, which had led to complaints from Mystics fans. (The original plan had 5,000 seats, which changed when the budget increased over the summer.)

And residents of Congress Heights have also expressed skepticism about the forthcoming facility. Activists disrupted Mayor Muriel Bowser’s demolition event with a sign that said “Stop Displacement… Don’t Move!!”

Bowser responded by saying, “Some may scream and some may shout, but I’ll be back. I’m going to invest, I’m going to keep our promises and it won’t be just today, it’ll be everyday.”

Those promises include $90 million in new tax revenue over 19 years, more than 380,000 annual visitors per year, and more than 900 temporary and permanent jobs for nearby residents. Max Brown, chairman of the Board of Directors for Events DC, said that the project continues to be “steadfast on delivering jobs to the local community and meeting a 50-percent minority business goal.”

The sports and entertainment facility is part of the first phase of development, which will also include 60 townhomes, 250 mixed-income apartments, a 171,000-square-foot office building with 47,000 square feet of integrated retail, a retail courtyard, and 100 underground parking spaces.

Councilmembers Elissa Silverman and LaRuby May have also introduced a bill intended to prevent displacement of longtime community members around the campus. If passed, it would provide additional resources (via grants for legal clinics and nonprofits) to provide housing-related assistance and also double the maximum income tax credit for low-income renters and homeowners in the four neighboring census tracts.